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Tag: usd coin

USDC issuer Circle to increase staff by up to 25% amid layoff season

February 23, 2023 wp-bot Cointelegraph

The plan to expand its workforce comes just months after it mutually called off its plans to go public via a SPAC merger.

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Bitcoin Rally Fueled By USD Coin (USDC) Rotating Into BTC: Santiment

February 22, 2023 wp-bot News BTC

On-chain data from Santiment suggests the latest Bitcoin rally may have been fueled by USD Coin (USDC) shifting into the cryptocurrency. USD Coin Shark And

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Tether market cap nears $70B as SEC crypto crackdown hurts stablecoin rivals

February 16, 2023 wp-bot Cointelegraph

Tether’s USDT has seen its market capitalization rebound to nearly $70 billion as the SEC ordered Paxos to stop issuing BUSD, the third-largest stablecoin.

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Bitcoin single-day price surge linked to billions in USDC inflows

February 16, 2023 wp-bot Cointelegraph

Bitcoin proponents called it the start of another bull run, while a few other analysts believe it’s a bear trap.

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Breaking: Circle squashes rumors of planned SEC enforcement action

February 14, 2023 wp-bot Cointelegraph

Rumors swirled on Twitter that the stablecoin issuer received a litigation notice from the U.S. securities regulator but a Circle executive rebuffed the claim.

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Stablecoin Market Sees Supply Increase for Tether as Competitors Decline in Light of Recent Regulatory Developments

February 14, 2023 wp-bot Bitcoin News

While the stablecoin market has seen significant redemptions in the past three months, the supply of tether, the largest stablecoin by market capitalization, has increased

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