Origin is announcing Origin Dollars, or OUSD, a stablecoin whose reserves leverage decentralized finance (DeFi) so that balances grow wherever it resides.
Gamemaker Dapper Labs is using Circle's dollar-backed stablecoin USDC as a global settlement solution for its non-fungible tokens (NFTs).
Users do not have to pre-fund their USDC-bearing wallet with ether before every transaction, according to Centre.
So-called stablecoins like tether and USDC are $1 tokens in theory, but a complex arbitrage transaction seems to have netted one trader an 89% profit in just minutes.
Bitcoin experienced heavy selling Tuesday, while traders are finding profits in stablecoin borrowing strategies.
BCB Group will integrate with Circle's platform in a bid to make the USDC stablecoin more widely available.
USDC backer Circle is teaming with Genesis Trading in a $25 million deal aimed at pushing the stablecoin to the fintech masses.
CENTRE froze $100,000 in USDC in response to a request from law enforcement, the group said Wednesday.
Former U.S. Treasury Secretary Lawrence Summers praised stablecoins last week, saying he sees use cases in cross-border transactions as one example of their usefulness.
The CENTRE consortium is teaming up with the Algorand Foundation to launch the USDC stablecoin on the Algorand network.
Offering the option to receive wages in the USDC stablecoin removes the volatility risk for earners.
Ledn is now offering USDC stablecoin savings accounts through a partnership with the crypto lending and trading conglomerate Genesis.
Oil futures went negative today, bitcoin dipped below $7,000 and tether issuances went to $7 billion in today’s market wrap.
Coinbase has put $1.1 million in USDC into the pools powering two of the more popular DeFi applications on Ethereum: Uniswap and PoolTogether.
MakerDAO has added a third asset to its decentralized finance (DeFi) platform, USD Coin (USDC), in response to the system’s flagship stablecoin, dai, continuing to float above its dollar peg.