Stablecoins
Coinbase asks users to convert their USDT to USDC for free
Several stakeholders in the crypto community have questioned Coinbase's motive, with some describing the move as "desperate."
Oluwapelumi Adejumo 2 min read
USDC
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Insights into USDC adoption, stablecoin regulation, and integration across global financial systems.
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Stablecoins
USDC could get access to Fed’s RRP via BlackRock partnership
Barclays Strategist Joseph Abate said that BlackRock's participation in the Fed's RRP program will give USDC indirect access to a risk-free central bank liability.
Stablecoins
Coinbase to custody up to $1.6B USDC for MakerDAO
MakerDAO will earn approximately $24 million from Coinbase Prime's 1.5% rewards.
Latest USDC News & Analysis
Adoption
USDC, Axelar’s new protocol has bridge-free cross-chain swaps; does away with bridged tokens
Cross-chain swaps can now be routed through USDC and transferred via CCTP to a new chain without the need for a traditional web3 bridge
Exchanges
Largest Indian exchange WazirX to delist USDC spot pairs, Sept. 26
India's WazirX, following the footsteps of the exchange giant Binance, said it will de-list USDC, USDP and TUSD on Sept. 26.
Crypto
Research: USDT, USDC exchange balance going in opposite directions
The balance of USDT on exchanges doubled in the past year reaching $17.7 billion, while USDC saw the $7 billion it recorded earlier this year drop to $2.1 billion.
Stablecoins
Circle CEO says Binance decision to stop USDC support is good as it increases utility
Wintermute CEO Evgeny Gaevoy says Tether risks losing ground if it does not improve operational efficiency.
Exchanges
Binance will stop supporting USDC, certain other stablecoins by Sept. 29
Binance says the move is geared toward enhancing liquidity and capital efficiency for its users.
Analysis
Stablecoin wars heat up as USDC and USDT battle for market share
Today, the stablecoin market is worth a combined $153 billion, with the two most prominent players still $USDT and $USDC.
More USDC News Headlines
Stablecoins
Binance USDC withdrawals top $1 billion per day this week
Stablecoins
USDT supply up almost $2B over 30 days, USDC supply falls after blocking Tornado Cash linked wallets
DAOs
MakerDAO founder proposes converting $3.5B USDC reserve to Ethereum
Stablecoins