Less than a month after the last issuance, the USDC Treasury issued another 250 million USDC on the Solana network
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Cairo Finance, an all-in-one DeFi platform with a unique deflationary system, is set to list on three of the top ten centralised exchanges in Q4. Will this spark the next DeFi bull run or will it fall flat?
Circle’s U.S. dollar stablecoin (USDC) and euro stablecoin (EURC) are now compliant with the European Union’s new stablecoin regulation MiCA. The company has officially started issuing these stablecoins to its European customers starting July 1.
Cryptocurrency acceptance is growing among luxury retailers like Ginza Xiaoma, signaling a shift towards digital payments in high-end markets globally. Despite challenges, increased business adoption and regulatory developments suggest a promising future for crypto as a mainstream payment method.
Tether announced the end of support for EOS and Algorand, committed to maintaining security and efficiency while responding to the growing needs of the blockchain community.
PayPal's PYUSD stablecoin expands to Solana, introducing confidential transfers. Solana's native support and token programmability enhance usability. PYUSD gains benefits including reduced development time and broader integration, now with a circulating supply of around $400 million.
Solana integrates PYUSD, PayPal's stablecoin, expanding payment options. Collaboration enhances cross-border transfers, leverages Solana's efficiency. Unified wallet experience across networks fosters seamless access.
Jeremy Allaire detected irony in how his crypto company needed to be rescued from the banking system this week.
Stablecoins are designed to maintain a stable value relative to a traditional currency but are still subject to market forces and fluctuations, and can depeg from their target value. USDC depegging over the weekend is an example.