Tag Archives: USDC

Circle’s Stablecoin USDC Gets More Pairs on Poloniex

The second half of 2018 has been all about Stablecoins as there have been successful in grabbing eyeballs of everyone in the crypto world be it businesses, exchanges, traders or investors. Trying to meet this growing demand, the United States-based digital asset platform, Poloniex announced several new trading pairs for USD Coin on their platform. Poloniex adds 6… Read More »

Binance the Latest Exchange to List Goldman Sachs-Backed USDC Stablecoin

Advertisement Twitter Facebook LinkedIn Leading cryptocurrency firm Binance has become the latest exchange to list the USDC stablecoin. In a statement, the cryptocurrency exchange indicated that trading of the USDC and bitcoin (USDC/BTC) pair, as well as the Binance token and the USDC (USDC/BNB) pair, will commence on November 17. Depositing the stablecoin which is pegged on a… Read More »

Stablecoin Supremacy Battle Heats Up; Binance Lists USDC, Tether Below a Buck

Once up a time there was crypto and fiat. If you wanted to trade in altcoins you had to first buy Bitcoin. Tether changed all that when it came onto the scene on Bitfinex in 2015, today there are a slew of stablecoins all competing for supremacy. USDC Listed on Binance The controversy surrounding Tether coupled with its… Read More »

Binance Exchange Will List Circle’s USDC Stablecoin This Week

Binance, currently the world’s third largest cryptocurrency exchange by bitcoin trading volume, is adding support for Circle’s recently launched stablecoin, USD Coin (USDC), this weekend. Binance announced Thursday that it will open trading pairs for the regulated, U.S. dollar-pegged token against its own token Binance coin (BNB) and bitcoin (BTC) on Nov. 17, adding that it has already started… Read More »

Circle’s Stablecoin (USDC) finds help to boost volumes as Poloniex drops trading fee

Circle’s strategy of becoming a one-stop crypto shop seems to be playing out as the company is leverage one business’s strength for the benefit of others. To promote and boost volumes of its stablecoin USDC, Circle is asking Poloniex removes trading fees for USD Coin (USDC), the exchange which it acquired in February 2018. No more trading fees… Read More »

Is Coinbase Trying to Disrupt Bitcoin’s Reserve Asset Status by Listing New USDC Pairs

In recent weeks two new cryptocurrencies have been listed on Coinbase, 0x and BAT. Both resulted in predictable pump and dumps immediately before and a few hours after the announcements. This is no surprise, but the fact that one of these two new listings is only available to trade in USDC could raise a few eyebrows. Stablecoins to… Read More »

PwC Is Advising (Not Auditing) Another Stablecoin Project

The Hong Kong division of global accounting and consulting firm PwC is exploring the best practices for issuing stablecoins, as part of an initiative with the non-profit Loopring  Foundation. Announced Tuesday, PwC Hong Kong’s Asia-focused study on stablecoins follows a PwC partnership in the U.S. to advise decentralized lending platform Cred, which is working on a U.S. dollar-tied coin. Stablecoins… Read More »

Brave Browser’s BAT Rallies 26% Over Weekend after Coinbase Pro Listing

Advertisement Twitter Facebook LinkedIn Basic Attention Token (BAT) on Monday has surged as much as 10.6 percent against the US Dollar from the previous day’s low. The BAT/USD exchange rate today has marked fresh quarterly highs towards 0.322-fiat, totaling the bullish gains to as high as 26 percent since November 2. The pair is also experiencing a quadruple… Read More »

Tether Opens Bank Account with Caribbean Deltec Bank

Tether Limited, the issuer of stablecoin Tether (USDT) wholly-owned by Bitfinex, has opened a bank account with Bahamas-based Deltec Bank. The move follows a long process of due diligence review of the company, including the ability to maintain the USD peg at any moment in time, the announcement says. Deltec Accepts Tether as Client After Long Due Diligence Process, Company… Read More »

Stablecoins Are The ‘Disney Dollars’ of Crypto

Companies and exchanges are jumping on the stablecoin bandwagon — but just how promising is this concept and doesn’t it go completely against everything Bitcoin stands for?  Dollar-Pegged Money is Nothing New Disneyland’s first president, Jack Lindquist, introduced the in-house currency called Disney Dollars in 1987. These paper notes featured pictures of Mickey Mouse and other popular Disney characters.… Read More »