USDC

Compound Treasury Allows Investors To Use Crypto As Collateral To Borrow USD And USDC

After a series of recent outstanding developments, Compound Treasury continues to launch the next new direction for institutional investors. Compound…

2 years ago

Avalanche Flash Loan Attack Nets $370,000

According to blockchain cybersecurity company CertiK, a floan loan attack on the Avalanche blockchain resulted in the theft of $370,000…

2 years ago

Paxos Support Binance’s “Auto-Conversion” To BUSD Feature

Cryptocurrency exchange Paxos has also voiced its support with the consolidation of balances of USDC, USDP and TUSD which will…

2 years ago

Circle CEO Argues That Binance’s Move To Stop Supporting USDC Is Positive

Jeremy Allaire, CEO of Circle, praised Binance's choice to transfer USD Coin (USDC) holdings of its users to the Binance…

2 years ago

Binance Merges USDC, TUSD And USDP Balances Into BUSD

Binance has announced its new stablecoin strategy. This plans to introduce a BUSD auto-conversion feature to help users convert their…

2 years ago

Stablecoins Adjusted Transaction Volume Grows Nearly 33% in August

Stablecoins' adjusted transaction volume rose by 32.9% in August. Volumes increased sharply from $655.2 billion to a brand-new record-breaking $866.2…

2 years ago

USDC Leaving Binance Reaches $1 Billion Per Day

Data from Glassnode shows that USDC departure from Binance is at a yearly high. Further analysis shows that over $1…

2 years ago

OptiFi Accidentally Closed The Mainnet Program, Locking 660,000 USDC Inside

OptiFi, a decentralized cryptocurrency options exchange, cut its life short after unwittingly executing a command that closed its mainnet program…

2 years ago

MakerDAO Co-Founder Recommends DAI-USD Depegging

Christensen, the co-founder of MakerDAO, argued that "we must choose the path of decentralization" while admitting the protocol's inability to…

2 years ago

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