Circle, the issuer of
USDC stablecoin, has been closely working with leading global exchanges and platforms in a bid to expand the adoption of USDC. Major partnerships include leading globally recognized exchange
Binance and payment processing giant
Stripe. The collaborations aimed at promoting USDC on several crypto platforms and expanding cross-chain transfers. Moreover,
Circle recently partnered with
Sui Bridge and
Wormhole to enable seamless USDC transfers and enhance cross-chain interactions respectively. Despite the growth,
Coinbase announced a halt to its USDC rewards program for groups in MiCA compliance regions. Nonetheless,
Circle's USDC is said to have met Canada's new listing rules, making it the premier stablecoin to do so. Additionally,
Coinbase, in another shift aimed at MiCA compliance, plans to delist several stablecoins including Tether's USDT. Reacting to these changes,
Hyperliquid noted enormous inflows into USDC after the launch of their HYPE token. In contrast, Ripple's RLUSD stablecoin is planning a bold global expansion, potentially marking competition with USDC and USDT. Amid all these developments, Spanish bank
BBVA also added USDC to their crypto asset services portfolio in Switzerland, demonstrating growing acceptance of USDC payment solutions.
USDC Coin News Analytics from Wed, 21 Feb 2024 08:00:00 GMT to Wed, 18 Dec 2024 06:30:29 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor 8
