Alchemy Pay Integrates with Scroll Network

Alchemy Pay Integrates with Scroll Network

Alchemy Pay, a well-known fiat-crypto payment processing solution, expands support by integrating with Scroll. Users can obtain and utilize USDT and USDC on Scroll through Alchemy Pay, which uses zero-knowledge technology and is interoperable with the Ethereum Virtual Machine (EVM). The integration of international clientele and the resolution of issues in decentralized finance (DeFi) are […]

Coinbase Sees Potential with Ethereum, USDC Integration

Coinbase Sees Potential with Ethereum, USDC Integration

Coinbase is fitting itself for a future of interoperability in which one billion customers will utilize decentralized applications across blockchains owing to an ETH and USDC integration Coinbase’s Ethereum layer-2 Base blockchain will save time on Know Your Customer (KYC) and Anti-Money Laundering (AML) with identity attestation via the Ethereum Attestation service and Coinbase verification, which […]

Circle’s USDC Overtakes Tether’s USDT in Stablecoin Transaction 

Circle’s USDC Overtakes Tether’s USDT in Stablecoin Transaction 

Circle’s USDC stablecoin has overtaken Tether’s USDT in transaction volume in 2024 based on Visa crypto payments data. Circle’s USD Coin (USDC) has outperformed its biggest rival, Tether (USDT), in terms of transaction volume, according to statistics from blockchain analytics platform Allium Labs and payment giant Visa.  Visa’s analytics indicate that last week’s transaction volume […]

Cardano Founder Charles Hoskinson Name USDC As Early CBDC

Cardano Founder Charles Hoskinson Name USDC As Early CBDC

Charles Hoskinson’s recognition of USD Coin (USDC) as an early Central Bank Digital Currency (CBDC) shows stablecoins’ growing importance in cryptocurrency. Charles Hoskinson, the founder of Cardano, recently garnered interest in USD Coin (USDC) by designating it as an early Central Bank Digital Currency (CBDC).  However, this description illuminates the increasing importance of stablecoins such […]

Binance Announces Mandatory Conversion of 15 Tokens to USDT

Binance Announces Mandatory Conversion of 15 Tokens to USDT

A major cryptocurrency exchange, Binance, has announced the mandatory conversion of 15 tokens into USDT (Tether). At midnight on April 21, Binance would exchange tokens for USDT based on the balances that users have in their Binance wallets. Until now, users can still withdraw their airdropped or delisted tokens. Asset withdrawal will only be possible […]