Circle Internet Group's explosive $1.05 billion IPO on the New York Stock Exchange has reignited investor enthusiasm for cryptocurrency listings, marking the largest public offering in the sector since Coinbase’s 2021 debut. The stablecoin issuer priced shares at $31 but opened at $69 and closed at $83.23 on its first day, reflecting surging demand amid improving sentiment in … [Read more...] about Circle’s $1.05 billion debut signals Wall Street revival for crypto firms
Circle ends support for USDC on Tron blockchain, citing risk management concerns
Circle, the issuer of the USD Coin (USDC) stablecoin, has announced the cessation of its support for USDC on the Tron blockchain. … [Read more...] about Circle ends support for USDC on Tron blockchain, citing risk management concerns
Visa’s strategic leap: harnessing Solana and USDC for global transactions
Visa, a long-established heavyweight in the financial world, is taking a transformative step into the cryptocurrency domain. Recognizing the expansive potential of digital currencies, the company is integrating Solana blockchain and the USDC stablecoin to enhance its cross-border payment system. … [Read more...] about Visa’s strategic leap: harnessing Solana and USDC for global transactions
Mastercard to settle stablecoin payments in Australia
The digital payment solution will process all transactions with USDC … [Read more...] about Mastercard to settle stablecoin payments in Australia
Crypto news in brief (May 19, 2019): USDC, Huobi, Coinbase, Xapo
- Circle has released the latest third-party attestation report on USD reserves - Huobi has launched over-the-counter (OTC) service Huobi OTC Desk for high volume institutional clients - Coinbase is negotiating the acquisition of bitcoin custody provider Xapo … [Read more...] about Crypto news in brief (May 19, 2019): USDC, Huobi, Coinbase, Xapo
Coinbase launches free XRP and USDC international transfers
Users of the exchange can now send funds in XRP or USDC to over 100 countries. … [Read more...] about Coinbase launches free XRP and USDC international transfers
Crypto news in brief (November 16, 2018): Microsoft, Herman Gref, CIMB, Ripple, KuCoin, Bitcoin Cash, Binance
- Microsoft released the Azure Blockchain Development Kit - Herman Gref said that it will take one to two years for blockchain to get adoption on an industrial scale - CIMB, the fifth largest bank in Southeast Asia, has joined Ripple’s blockchain-based payments network - KuCoin has raised $20 million in its series A funding round - Bitcoin Cash blockchain forked into two … [Read more...] about Crypto news in brief (November 16, 2018): Microsoft, Herman Gref, CIMB, Ripple, KuCoin, Bitcoin Cash, Binance
Crypto news in brief (October 25, 2018): FISCO BCOS, Coinbase, USDC stablecoin, Alibaba, Bakkt, Royal Mint Gold, Japan
- The Financial Blockchain Shenzhen Consortium (FISCO) announced the launch of a coinless open-source blockchain platform - Coinbase has launched stablecoin USDC, backed one-to-one by U.S. dollar - Alibaba Cloud expanded its Blockchain as a Service (BaaS) offering outside of China - The UK Royal Mint has suspended its plan to launch gold-backed cryptourrency Royal Mint Gold … [Read more...] about Crypto news in brief (October 25, 2018): FISCO BCOS, Coinbase, USDC stablecoin, Alibaba, Bakkt, Royal Mint Gold, Japan