Circle Reveals Assets Backing USDC Stablecoin
Crypto's No. 2 stablecoin is backed mostly – 61% – by cash and cash equivalents. Here's what comprises the rest.
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Jul 20, 2021 at 1:41 p.m. UTC
Jul 20, 2021
CENTRE Consortium
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Stablecoins to Watch: USDC Could Expand to 10 More Blockchains
USD coin (USDC), a stablecoin currently on four blockchain networks with a market cap of $25 billion, could soon be on as many as 10 more networks, including Tezos. USDC is an...
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Jun 30, 2021 at 10:45 p.m. UTC
Jun 30, 2021
USDC Stablecoin Could Soon Expand to 10 More Blockchains
The stablecoin with a market cap of $25 billion is currently on four networks.
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Jun 29, 2021 at 9:48 p.m. UTC
Jun 29, 2021
USDC Stablecoin Issuer Centre Hires Wall Street Veteran David Puth as CEO
Centre, the Coinbase- and Circle-founded project that oversees the USDC stablecoin, has hired Wall Street veteran David Puth as its new CEO.
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Dec 1, 2020 at 4:06 p.m. UTC
Dec 1, 2020
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'Gasless' Technical Update Brings USDC One Step Closer to Venmo
Users do not have to pre-fund their USDC-bearing wallet with ether before every transaction, according to Centre.
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Aug 27, 2020 at 6:22 p.m. UTC
Aug 27, 2020
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Former US Treasury Secretary Laurence Summers Expects 'a Ton of Innovation' Around Stablecoins
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.
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Jul 3, 2020 at 5:11 p.m. UTC
Jul 3, 2020
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Circle Rolls Out Stablecoin Business Accounts, Preps SeedInvest for Sale
Circle is rolling out business accounts denominated in the stablecoin USDC and looking to sell crowdfunding platform SeedInvest as part of an ongoing pivot.
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Mar 10, 2020 at 2:00 p.m. UTC
Mar 10, 2020
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Circle's Dollar-Tied Stablecoin Fully Backed, Auditor's 'Attestation' Says
Circle Internet Financial had $127.5 million at the end of last month, enough to back the total number of USDC stablecoins in circulation.
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Nov 21, 2018 at 4:02 p.m. UTC
Nov 21, 2018