Stablecoins backed by fiat and other assets are increasingly gaining popularity, with many more solutions being brought onto the market each year.
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Biggest one day USDC print in history marks lowest Bitcoin dominance in years
The $3 billion USDC influx puts the total supply of the stablecoin at around $14,4 billion, reaching over a quarter of Tether’s market cap.
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Payment Giant Visa Integrates USDC Stablecoin Support for Settlement
On Monday, the American multinational financial services corporation Visa announced that digital currency payments have arrived on Visa’s settlement platform. The payment giant revealed that
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Stablecoin reserves on crypto exchanges hit new historic high of $10B
Cryptocurrency exchanges continue accumulating massive amounts of stablecoins like Tether and USDC Coin.
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Visa plans to allow partners to settle fiat transactions with crypto
Visa’s partners will be able to exchange USDC over the payment network to clear transactions made in fiat currency.
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