Cryptocurrency salaries have seen a significant increase in 2024, with
stablecoins like
USDC playing a major role in this surge. Reports suggest that Tether and USDC are the most popular choices amongst stablecoin users, due to their widespread acceptance and adoption.
Flamingo Finance has added support for USDC across its
DeFi tools, a move aimed to increase flexibility and liquidity for the platform's users.
Coinbase has launched an
embedded wallet offering a 4.1% APY on USDC, an attempt to boost developer adoption. This comes alongside news of a massive transfer of USDC from Binance raising questions about the implications for the crypto market. The passing of the GENIUS Act in the United States is expected to enhance USDC adoption further; the act facilitates the integration of
blockchain technology and cryptocurrencies into the financial sector.
Avalanche has integrated USDC into its ecosystem, causing a 10% rise in AVAX.
Coinbase has started offering developers 4.1% yield on USDC through their embedded wallets. There is speculation that Coinbase's partnership deal with
JPMorgan Chase could make the exchange even more lucrative by allowing users to redeem card rewards with USDC. Despite a decrease in transactional volume, USDC is seen supporting Coinbase's Q2 performance.
USDC Coin News Analytics from Fri, 07 Feb 2025 08:00:00 GMT to Wed, 06 Aug 2025 21:53:02 GMT -
Rating 7
- Innovation 5
- Information 5
- Rumor 2
