Circle, Sony Block Solution Partner for USDC Expansion
Sony Block Solutions Labs has partnered with stablecoin issuer Circle to increase the adoption of USDC on the firm’s layer-2 blockchain, Soneium. On September 15, Circle disclosed its collaboration with Sony’s blockchain division to incorporate its Bridged USDC Standard and designate the stablecoin as one of Soneium’s primary tokens for value exchange. According to the […]
China’s Digital Yuan Crosses $1 Trillion Transactions, Topping USDC & USDT
China’s Digital Yuan has grown rapidly, with transaction volumes exceeding $1 trillion, beating the combined activity of USDC and USDT. China’s Digital Yuan has seen significant growth, with transaction volumes exceeding $1 trillion, surpassing the combined activity of stablecoins like USDC and USDT. This milestone comes after over a decade of development and four years […]
BBVA Switzerland Offers USDC to Institutional Clients
According to a press release issued on September 9, BBVA’s institutional and private banking clients in Switzerland are now able to administer Circle’s stablecoin USD Coin USDC in conjunction with their traditional investments on the same platform. The new feature enables clients to exchange, custody, and convert USDC into euros, U.S. dollars, or other currencies, […]
Bitcoin Traders Eyes Rally with $2.5 Billion in USDT, USDC
Bitcoin price has surged above $61,000 fueled by $2.5 billion in stablecoin inflows from Bitcoin traders deposits into spot Bitcoin ETFs. With all eyes on the data about the Consumer Price Index (CPI) in the United States, Bitcoin and the cryptocurrency market as a whole have staged a robust comeback in the recent short covering. […]
Shiba Inu Eases BONE And USDC Purchases With Major Collab
Shiba Inu has implemented a fiat on-ramp service that allows users to purchase BONE and USDC using Visa or MasterCard, thereby increasing accessibility and adoption. Shiba Inu has recently announced its intention to improve user accessibility by introducing a fiat on-ramp service for BONE and USDC purchases. This announcement has garnered significant attention. This new […]