USDC: Turbulent journey of the stablecoin continues with recovery at bay
The continuing negativity coupled with growing competition could make it just a bit difficult for USDC to turn things around.
Tether’s USDT Nears $84 Billion Milestone as Circle’s USDC Volume Drops to 2-Year Low
Since the year’s outset, the stablecoin sector has significantly transformed. The two leading stablecoins, Tether’s USDT and Circle’s USDC, have experienced diverging trajectories in a market still reeling from the…
Circle: USDC stablecoin capitalization halved
Its market capitalization at the time was only $24 million, but that figure does not carry much weight for several reasons. Indeed, as early as January 2019 it had touched…
Why USDC’s market cap is half of what it was a year ago
The market capitalization of USDC is roughly half of what it was a year ago — and sinking.
CiNKO Digital Wallet Powered By USDC Debuts With Island Pay’s Cutting-Edge Solution
Island Pay launches CiNKO, a digital wallet using Circle’s USDC stablecoin, aiming to revolutionize remittances in Latin America and the Caribbean.
Paradigm-backed Utopia Labs launches USDC bank transfers for businesses
Paradigm-backed Utopia Labs has launched USDC bank transfers for businesses aiming to accelerate crypto payments adoption.
USDT market cap rises, USDC declines
In recent months, the market capitalization of tether (USDT) has experienced a remarkable increase, closely mirroring the surge in bitcoin’s (BTC) price. Conversely, its counterpart, USD Coin (USDC), has encountered…
USDC Circulating Supply Falls by $100 Million in a Week
In the past week, Circle’s USDC stablecoin has decreased its circulating supply by approximately $100 million. According to Circle, over seven days ending last Sunday, USDC redemptions amounted to $1.4…
Tether (USDT) and USDC Hinting at Possible Next Move for Crypto Markets, According to Analytics Firm Santiment
The on-chain patterns of the top two stablecoins by market cap could hint at when the crypto markets are gearing up for another leg up in price, according to the…
USD Coin (USDC): A Stable Digital Asset Reflecting the Maturing Cryptocurrency Market
In the dynamic realm of cryptocurrencies, USD Coin (USDC) stands out as a stablecoin that aims to bring stability to the often volatile digital asset market. As of July 10,…
