Two Former Coinbase employees, Vishal Gupta and Patrick McCreary, have launched a stablecoin-focused exchange named TrueX. The platform has adopted PayPal’s PYUSD for its operations ahead of the USDC stablecoin, which Gupta helped launch while workin
Australia’s central bank has announced a shift toward wholesale CBDC development, citing greater economic benefits and fewer challenges compared to a retail version. The Reserve Bank of Australia seems to be prioritizing wholesale CBDC development ov
RBA Assistant Governor Brad Jones said the potential benefits of a retail CBDC in Australia appear modest or uncertain at present.
Tether’s stablecoin continues to dominate rivals, including Circe’s U.S. Dollar Coin (USDC).
In what should be an important development for the stablecoin, Circle has expanded access to its USDC offering…
Circle has expanded its stablecoin operations in Latin America to include Brazil and Mexico. In a company statement, stablecoin operator Circle revealed that its (USDC) token can now be used to settle payments in Brazil and Mexico. The feature suppor
A new report reveals that 134 countries, covering 98% of the global economy, are exploring digital currencies, with 44 currently piloting CBDCs. Central bank digital currencies are gaining widespread attention, with nearly 99% of the global economy n
Stablecoin issuer Circle is expanding its native issuance of USD Coin (USDC) and deploying its Cross-Chain Transfer Protocol on the layer-1 blockchain Sui. In a Sept. 17 X post, Evan Cheng, co-founder and CEO of Mysten Labs, revealed that his firm’s
The USDC Treasury minted 50 million coins, indicating heightened market activity. The swift transfer to Coinbase suggests increasing demand for dollar-backed assets. Continue Reading:Significant Transfer of USDC Signals Growing Demand in the Crypto M
TLDR: Sui to launch native USDC and Cross-Chain Transfer Protocol (CCTP) First Move-based blockchain to support these protocols USDC is the largest regulated dollar-backed stablecoin ($35B market cap) Integration enhances Sui’s utility, security, and
Circle CEO Jeremy Allaire announced that USDC is coming to the Sui network. USDC will debut on SUI’s testnet first. Circle’s latest announcement comes just ...
Decentralized Finance (DeFi) platform Delta Primes suffered a security breach on Monday, affecting the protocol’s users. The attack took $6 million from the project’s pools and is under investigation. However, on-chain investigators suspect it could
TLDR: Circle and Sony Block Solutions Labs announce collaboration on Soneium blockchain Bridged USDC to be integrated as a primary token on Soneium Soneium is a new Ethereum layer 2 blockchain launched by Sony in August 2024 The collaboration aims to
Authorities are probing unlicensed sales of Worldcoin accounts, warning of possible misuse for money laundering or terrorism financing.
The firm says it wants to make its stablecoin the standard for Web3 creators using Sony’s new layer-2 blockchain.
Based on trading volume, dollar pegged stablecoins Tether ($USDT), USD Coin ($USDC), and Dai ($DAI) account for over 94% of the total stablecoin market.
BeInCrypto comprehensive Latam Crypto Roundup brings Latin America’s most important news and trends. With reporters in Brazil, Mexico, Argentina, and more, we cover the latest updates and insights from the region’s crypto scene. This week’s roundup h
USDC issuer Circle is facing serious accusations after blockchain sleuth ZachXBT called out the company for allegedly ‘profiting’ from transactions linked to the North Korean hacker group Lazarus. ZachXBT, known for his investigative work in the Web3
2025 could bring stablecoins into the mainstream, after 2024 introduced a "turning point year in crypto," according to Circle's Allaire.
This week in the crypto sphere brings exciting updates: Binance Launchpool introduces HMSTR and CATI, Ripple’s RLUSD might be limited to institutional investors, and significant legal developments involving Ripple and the SEC. Additionally, a notable