Binance and Circle,Once Bitter Rivals, Join Hands To Boost Global USDC Adoption

Circle and Binance have revealed their strategic partnership during Abu Dhabi Finance Week to promote USDC, a stablecoin jointly owned by Circle and Coinbase.

$20 Million Vanishes from US Government Crypto Wallet: What We Know So Far

Over $20 million in cryptocurrency, linked to the 2016 Bitfinex hack and stored in a US government wallet, has been suspiciously transferred, raising concerns of a potential theft. Blockchain analysts are investigating the sudden movement, which includes funds like Ethereum and stablecoins, possibly tied to a hacker.

Radiant Capital Freezes Lending Following Over $50M Breach on BSC and ARB Chains, Marking Second Hack in 2024

Radiant Capital, a DeFi lending platform, was hit by a cyberattack, losing over $50 million in USDC, WBNB, and ETH on BSC and Arbitrum. Hackers took control of its Pool Provider contract, redirecting ownership to a malicious contract. Radiant has halted lending and urged users to revoke smart contract permissions.

Paxos Rolls Out New Stablecoin Payment Platform with Stripe as First Client: A Turning Point for Stablecoin Adoption?

Stripe's Pay with Crypto is the first to use Paxos' new stablecoin payments platform, enabling instant conversions between various stablecoins. Will this launch boost stablecoin adoption in the payments industry?

Polymarket Users Become Victims of Google Login Wallets Attack With Wallets Wiped Out After Deposits Made

Polymarket users have reported their wallets being drained after logging in with Google accounts, though those using MetaMask or TrustWallet extensions were unaffected. Polymarket claims the issue is isolated, but affected users remain concerned.

TrueX: A unique exchange platform that leverages stablecoin for settlement

TrueX, a new cryptocurrency exchange will launch, using PayPal's stablecoin as its form of settlement. The crypto platform was unveiled yesterday.

USDC to Become Primary Token on Soneium Blockchain in Major Sony-Circle Deal

Circle and Sony Block Solutions Labs are partnering to make USDC the primary transaction token on the new Soneium blockchain. This collaboration aims to enhance digital transactions and create innovative opportunities in the Web3 space, with Soneium set to launch its mainnet in 2025.

Circle's CEO Teases Tap-and-Go USDC Payments on iPhones

Circle CEO Jeremy Allaire announced that tap-and-go USDC payments on iPhones will soon be possible, following Apple's decision to open its secure payment chips to third-party developers, a move that could significantly enhance the use of blockchain technology on Apple devices.

Musk-Trump Delayed Interview Sees Polymarket Bettor Score Over $1 Million: Is Musk’s DDoS Attack Claim a Lie?

Over a million viewers joined Donald Trump and Elon Musk’s delayed X Spaces interview, which Musk attributed to a “massive DDoS attack.” Was the delay genuinely due to a DDoS attack, or did Musk fabricate the reason?

EURC Stablecoin Debuts on Ethereum L2 Blockchain Base: A New Era for Euro-Backed Digital Currency

Circle’s EURC stablecoin is now live on Base, an Ethereum Layer 2 network, offering faster and cheaper euro transactions. With support from major industry players and a proven track record of USDC’s success on Base, EURC is set to enhance liquidity and global financial accessibility.

Galaxy, DWS, and Flow Traders Collaborate for Euro-Denominated Stablecoin Launch on Ethereum and Solana

Galaxy, DWS, and Flow Traders aim to disrupt the digital finance landscape with the introduction of AllUnity. Their collaborative effort, set against the backdrop of European regulatory advancements, seeks to bridge the gap between traditional and digital finance ecosystems.

Binance Onboards Fiat Euro Partners for Payments, Deposits, and Withdrawals

Binance has formalised agreements with new fiat partners for EUR payments, deposits, and withdrawals but the new service providers involved in this collaboration were not disclosed.

Frax Finance Launches "Final" V3 Stablecoin, Staking

The primary function of the Frax Protocol is to maintain the FRAX price at $1.000 by using AMO contracts, real-world assets (RWAs), and governance actions facilitated by frxGov, leveraging USD oracles as a reference.

Binance: Euro Transactions via SEPA Network will Continue

In the initial tweet, Binance's customer service communicated a temporary suspension of Euro withdrawals and deposits through SEPA.

Societe Generale's Crypto Division Introduces Euro Stablecoin on Ethereum

Curve Stablecoin Design White Paper (Eng)

The main idea is in LLAMMA: replacing liquidations with a special-purpose AMM.

Circle launches euro-backed stablecoin EUROC

Demand for stablecoins continues to rise as businesses look to on-chain liquidity to improve their operations.

Demand for widely used euro stablecoin is huge, says DeFi expert

The U.S. company Circle is launching a regulated stablecoin that is pegged to the euro, but what does this mean for the eurozone?

Chairman of the Digital Euro Association: ‘The primary aim of the digital euro is still not clear’

Jonas Gross spoke with Cointelegraph about the digital euro’s risks for private banks and the goals of the ECB.

The "Stablecoin War" in full swing

Although USDC is the second largest Stablecoin, it is the most used on-chain Stablecoin in the Crypto space.