Circle CEO Jeremy Allaire said stablecoins are poised to become essential financial tools worldwide due to their potential to streamline cross-border trade and drive efficiencies in emerging markets, South China Morning Post reported. Speaking at the
Circle has plans to expand to Hong Kong, drawing on the region’s regulatory clarity. The USDC issuer is also neck-deep in pushing for an IPO. Circle Internet Financial, the firm behind the USDC stablecoin, recently disclosed its plans to expand into
The two leading stablecoins are seeing increased inflows into centralized exchanges, suggesting a potential buying spree. According to data provided by IntoTheBlock, Tether (USDT) saw its exchange net flows rise from a net outflow of $43 million on N
Circle, the issuer of the second-largest stablecoin USDC has now declared its intentions to expand into the Asian market just as it gears for its IPO plans. The company is now eyeing an expansion into Hong Kong, amid plans for the region to become As
[PRESS RELEASE – Panama City, Panama, November 4th, 2024] Deribit, the world’s premier Bitcoin and Ethereum options exchange, in partnership with SignalPlus, a leading options trading dashboard and analytics hub, is excited to unveil the second editi
Solana continues to prove that it’s one of the top blockchains for this cycle. After its rally, which gained 35% over the past 60 days, the popular Layer 1 blockchain is back in the news with more on-chain activities. According to recent data, Solana
Despite assurances, Worldcoin faces bans in multiple countries over privacy risks and alleged exploitative practices. INAI Mexico investigates Worldcoin for potentially violating biometric data collection laws concerning minors. Worldcoin has sparked
XYO’s native token is now tradable against tokens including SOL and USDC on Solana-native decentralized exchanges Jupiter and Raydium.
A trader under the name “BetTom42” has invested $3.4M worth of USD Coin (USDC) in the last 3 days, predicting the victory of former President Donald Trump.
Circle is entering an agreement with a Hong Kong telecommunications firm with the aim of building blockchain-based solutions for the Asia-based company. The USDC stablecoin issuer says it is signing a memorandum of understanding with the technology,
BingX, a global leading cryptocurrency exchange platform, is proud to announce the launch of its innovative Multi-Assets Mode for Perpetual trading. This new feature will allow users to leverage multiple cryptocurrencies such as Bitcoin (BTC), Ethere
The recent activity in Bitcoin price and demand metrics suggests a potential resurgence in market interest, which could lead to a renewed all-time high. So far, Bitcoin has recently achieved a significant price rebound, reclaiming a trading level abo
Stablecoin issuer Circle has raised USDC redemption fees for a second time this year, according to a Bloomberg report. USDC holders seeking near-instant redemption of the stablecoin will have to pay additional fees for daily redemptions that exceed $
Kalshi, a CFTC-regulated prediction market, has partnered with crypto platform Zero Hash to streamline account funding using USDC. Zero Hash and Kalshi Collaborate on New Account Funding Solution Kalshi, a prediction market regulated by the Commodity
The New York-based Circle now charges fees for USDC swaps above $15 million, start at 0.03% per transaction.
Kalshi, a Commodity Futures Trading Commission-regulated exchange, has announced a partnership with stablecoin infrastructure platform Zero Hash. This collaboration enables Kalshi to offer users the ability to fund their accounts using USD Coin (USDC
A trade association for the world’s airlines is set to integrate the digital yuan into its billing systems by the end of 2024 to enhance payment options. The International Air Transport Association plans to incorporate China’s central bank digital cu
Tether's USDT recorded $6.47 billion in transaction volume, significantly outpacing USDC's $2.08 billion.
World Liberty Financial’s planned stablecoin aims to establish a secure U.S. dollar-backed token, positioning Trump’s crypto venture among industry giants like Tether and USDC. Rich Teo’s involvement and Trump’s crypto engagement signal strong potent
Austria-based exchange Bitpanda is exploring the possibility of going public on the Frankfurt stock exchange. The exchange is reportedly collaborating with major financial institutions, Citigroup Inc. and JPMorgan Chase & Co., to evaluate options