Voyager sent $150 million of USDC to Circle to redeem for US dollars
On-chain data shows a new stage of Voyager Digital’s effort to offload its crypto assets. Voyager has sent $150 million of USDC to Circle to redeem for dollars.
USD Coin
On-chain data shows a new stage of Voyager Digital’s effort to offload its crypto assets. Voyager has sent $150 million of USDC to Circle to redeem for dollars.
According to data from blockchain analytics firm Glassnode, USDC – one of the most commonly utilized stablecoins – has experienced an increase in its supply within smart contracts.
Roughly two weeks have passed since USDC lost its USD peg due to SBV turmoil. A sizable reshuffling has occurred since then as many crypto users shifted their attention from…
Circle has recorded to has a decrease in the USDC circulation.
Mastercard has partnered with Stables to allow retail customers in the Asia-Pacific region to spend and save USDC through its network. Meanwhile, worldwide banking turmoil has not slowed the blending…
The main aim of the integration is to serve as an alternative to SWIFT.
Crypto News: Jeremy Allaire, Co-founder and CEO of Circle on Thursday, flagged off risk building around USD after the Silicon Valley Bank and other banks collapsed. This comes after Circle’s…
Asides from integrating a USDC payment rail, Xapo Bank recently partnered with Faster Payment System (FPS) to extend its global reach.
Xapo Bank announced that it would partner with stablecoin issuer Circle to provide members with an alternative to traditional banking payment systems using USDC.
@lookonchain “Smart Money” tracker tweeted that it had come across a mysterious whale who managed to save tens of millions of USD worth of crypto during the infamous events that…