Over the past year, Circle’s USD Coin has seen its market share decline from 34.88% to 23.05%. Tether’s USDT shows a contrasting picture.
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Circle Expands Euro-Pegged Stablecoin to Avalanche Blockchain
On Thursday, the stablecoin issuer Circle Financial announced that the euro-pegged crypto asset EUROC is expanding natively on the Avalanche (AVAX) blockchain. According to Circle,
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SEC’s war on crypto: How far will it go?
The latest Cointelegraph Report tries to make sense of the Security and Exchange Commission’s ongoing crypto crackdown, its rationale, and the potential outcome.
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Circle launches cross-chain USDC transfer protocol for Ethereum, Avalanche
The new protocol burns coins on the sending chain, and mints new ones on the receiving chain.
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Circle CEO blames US crypto crackdown for declining USDC market cap
The market cap of USDC, a stablecoin issued by Circle, has reduced nearly by half over the past six months following a regulatory crackdown and
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Tether market cap eyes record high after regaining 65% stablecoin dominance
The market capitalization of Tether is nearly a billion dollar away from reaching a new lifetime peak while rival stablecoins struggle.
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