Coinbase, the US exchange with global reach, announced that it will apply new fees to institutional clients who exchange dollars for the stablecoin USD Coin (USDC), provided they are dealing with large-volume transactions.
The Coinbase team announced this in a press release, quoted by The Block,…
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USDC
Coinbase partners with Yellow Card to boost its business in Africa
The leading cryptocurrency exchange, Coinbase, has formalized a strategic partnership with the African company Yellow Card, with the aim of expanding its services to 20 countries on the continent. The partnership, focused on expanding…
Chile will allow USDC payments from Circle in Mercado Pago
Through a statement issued on the official Circle website, the exciting news has been released that the USDC stablecoin has joined the Mercado Pago platform in Chile. This strategic collaboration between both entities marks a milestone in…
SEC investigates creator of USDC
The United States Securities and Exchange Commission (SEC) opened an investigation into the fintech Circle, known for being the creator of the stablecoin USD Coin, the second largest stable-value cryptocurrency on the market.
"In July 2021…
Visa is designing a blockchain interoperability system
The multinational financial services company Visa reported that it is working on the design of a blockchain system that tries to be a "universal adapter" that facilitates the connection of multiple" cryptocurrencies, stablecoins as well as…
USDC to consolidate capital in cash and Treasury bonds
Coinbase President and Chief Operating Officer Emilie Choi reported that the reserves that support the USD Coin (USDC) stablecoin will be fully secured in cash and US government treasury bonds.
This was established by the CENTER…
Mastercard and Circle to boost USDC market
Circle announced its alliance with multinational financial services company Mastercard to promote the use of USDC to facilitate fiat-to-crypto conversions, in an attempt to expand the ability of crypto companies to use digital assets for…