Crypto Lender Dharma Adds Support for USDC

Dharma hopes the addition of USDC will attract mainstream investors to its decentralized lending platform. Crypto lender Dharma has begun supporting the peer-to-peer lending of USDC, The Block reported on May 22. Before now, the San Francisco-based company only supported Dai, a stablecoin backed by ether (ETH) that has been regarded as too risky by some investors due […]

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Coinbase Payment Processing Service Now Supports Circle’s USDC Stablecoin

Major U.S.-based cryptocurrency exchange Coinbase announced that its payment processor Coinbase Commerce now supports Circle’s USD Coin. Major United States-based cryptocurrency exchange Coinbase announced that its cryptocurrency payment processor Coinbase Commerce now supports Circle’s stablecoin USD Coin (USDC) in a blog post on May 20. Per the announcement, Coinbase Commerce users can now accept USDC […]

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USD Stablecoins Hit Spot Trading Volume Record Highs, With USDT Still Dominating Market

Cryptocurrency research firm Diar indicates that the market capitalization for USD stablecoins has exceeded $4 billion. Cryptocurrency research firm Diar indicates that the market capitalization for USD stablecoins has hit all-time highs and exceeded $4 billion, according to its latest weekly report published on May 21. Stablecoins tied to the greenback have broken through to […]

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Circle Releases Another Attestation Report on Stablecoin USDC’s USD Reserves

Goldman Sachs-backed crypto finance startup Circle has published the latest third-party audit of its USD-pegged stablecoin USD Coin. Goldman Sachs-backed crypto finance startup Circle has published the latest third-party audit of its USD-pegged stablecoin, USD Coin (USDC). The company reported the update in a blog post published on May 17. USD Coin is an Ethereum-based token compliant with the […]

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Libra Project: Facebook Stablecoin Aims to Conquer Online Payments Market, Reports Suggest

More on Facebook’s potential expansion into crypto. Facebook’s potential expansion into crypto has been widely discussed in the past few months. Although the social media giant has not confirmed anything beyond having a blockchain department, new details about its digital token project continue to surface. Most recently, the Wall Street Journal (WSJ) reported that Facebook […]

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