Circle USDC Set to Transform zkSync Transactions
Circle integrates USDC with zkSync to boost liquidity usability and streamline cryptocurrency transactions across networks. With the integration, zkSync—a layer 2 scaling solution for Ethereum (ETH) that uses zero-knowledge proofs to boost efficiency and cut costs—has taken a step closer to improving liquidity and usefulness. According to a blog post from Circle: “The forthcoming native […]
Binance Phases Out Tron Network for USDC Transactions
Binance announces the discontinuation of USDC transactions over the Tron network, a move following Circle’s decision to cease USDC minting on Tron, signaling a shift in stablecoin operations. Binance, the global cryptocurrency exchange behemoth, has declared an end to its support for the Tron blockchain network concerning USDC stablecoin transactions. This strategic withdrawal aligns with Circle’s […]
Overdare, Circle Partner for In-game Wallet, USDC in Support
Metaverse platform Overdare and USD Coin issuer Circle have partnered to enable the integration of in-game Web3 wallets and USDC compensation for the creators of Overdare’s gaming content. Circle and Overdare announced a partnership on February 26 to facilitate cryptocurrency compensation for game content creators. Overdare will incorporate the Programmable Wallets service of the stablecoin […]
Coinbase Bags $500K Liquid Death Ad in USDC
Coinbase has made a bold move in the advertising space, winning the bid for the “Biggest Ad Ever” on Liquid Death cases. The crypto exchange paid $500,000 in USDC, saving $12,000 in fees and demonstrating the efficiency of cryptocurrency transactions. Coinbase has clinched a major advertising deal, emerging as the winning bidder for what is […]
Binance Futures To Launch USDC-Margined ORDI Perpetual Contract
The Binance Exchange revealed that ORDI Perpetuals will be settled with the world’s second largest stablecoin USDC. The financing fee computation frequency will take place every four hours. Up until April 3, 12:30 PM (UTC), users can trade any USDC margined futures contract and receive a 10% reduction on trading fees. The Ordi token (ORDI) […]