⇑ USDC Coin Emerges as a Front Runner in the Ever-Evolving Crypto Landscape
Coinbase has been a strong advocate of the USD Coin (USDC) by allowing peer-to-peer payments to be made using the stablecoin. The platform has...
The stablecoin market has seen valuable developments with the likes of Tether (USDT) and USDC vying for supremacy. The USDH stablecoin was introduced with a USDH/USDC trading pair, and USDC has also partnered with Coinbase for onchain lending offering yields up to 10.8%. Lending has become a popular way to earn competitive yields. Stablecoin issuer Circle introduced its own native USDC to increase adoption.
In another development, Coinbase expanded its USDC Rewards to Canada. This move was greatly appreciated as it offered a simpler and more decentralized way of earning rewards. With Circle launching its IPO and USDC adoption on the rise, the competition among stablecoin issuers is intensifying.
Coinbase's recent partnership with JPMorgan Chase allows card rewards to be redeemed in USDC stablecoins, a significant step in the crypto market. Circle made further progress in promoting USDC by using the stablecoin as a gas token on its blockchain arc. In another strategic move, Coinbase allowed USDC Stablecoin to be used as collateral.
Furthermore, the USDC has become the backbone of MoneyGram's next-generation app, and Shopify integrated USDC for simpler, borderless payments. Circle made further headlines by launching its stock on the New York Stock Exchange, indicating success both in the traditional and crypto markets.
USDC Coin News Analytics from Wed, 02 Apr 2025 07:00:00 GMT to Wed, 24 Sep 2025 20:45:37 GMT - Rating 6 - Innovation 7 - Information 9 - Rumor -2
