Tag: USDC

Stablecoin issuer Circle has launched its Cross-Chain Transfer Protocol (CCTP) on the mainnet, enabling permissionless transfers of USDC natively across supported blockchains. With the new transfer protocol, developers can now…

Stablecoin issuer Circle announced on April 26 the mainnet launch of its cross-chain transfer protocol with support for two blockchains. Circle launches CCTP The product, called Cross-Chain Transfer Protocol (CCTP),…

Circle CEO Jeremy Allaire has attributed the declining market capitalization of USD Coin (USDC) to increased regulatory scrutiny in the United States. Amid the recent collapse of the FTX exchange,…

The cross-chain transfer protocol seeks to improve liquidity of the major crypto payments rail.

The cross-chain transfer protocol seeks to improve liquidity of the major crypto payments rail.

The market cap of USDC, a stablecoin issued by Circle, has reduced nearly by half over the past six months owing to the regulatory crackdown and banking crisis.

Circle CEO Jeremy Allaire on Wednesday said regulatory burden and regulators pushing to debunk the crypto market are causing the market value of USD Coin (USDC) stablecoin to continue falling.…