#USDCOIN News

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SOTM Feb 15-21, 2024

5264302.fs1.hubspotusercontent-na1.net Welcome to our 160th issue of State of the Market, where we provide an overview of crypto market activity from February 15 – 21, 2024. AI excitement trickles over to crypto,…

Circle Announces Plans To Phase Out Support for USDC on the Justin Sun-Founded Blockchain Tron

dailyhodl.com Stablecoin issuer Circle is ending support for its US dollar-pegged digital coin on the Tron (TRX) blockchain. Circle says it will stop minting USDC on the Justin…

The winners and losers as stablecoin volume crosses $1tn

dlnews.com Stablecoins are on the rise. Stablecoin trading volume on centralised exchanges surged 4.5% to over $1 trillion in January — hitting its highest point since the tail end of…

Euler Finance Seeks Redemption Arc With V2 Deployment

thedefiant.io Euler's TVL crashed to less than $100,000 after suffering a $197M exploit in early 2023. Euler Finance, a DeFi lending protocol wracked by a nine-figure exploit last year,…

Goodbye, Tron: Circle Announces End of USDC Support On TRC-20

bitcoinist.com In a move sending shockwaves through the crypto world, Circle, the issuer of the world’s second-largest stablecoin, USDC, announced today it will no longer support the Tron…

Litecoin Foundation Calls on Grassroots Efforts To Overcome Price Stagnation Frustrations

dailycoin.com Stagnant price action has fostered frustration from some Litecoin holders. • The Litecoin Foundation wants all stakeholders to pull together. As one of the earlier altcoins…

3AC’s $700M Worldcoin windfall, China vs the crypto spies: Asia Express

cointelegraph.com 3AC creditors nab $700 million in Worldcoin, foreigners paid crypto to spy on China, USDC to cease Tron support, and more: Asia Express.

Ping Exchange’s hybrid cold storage redefines standards for crypto exchange custody

cryptoslate.com The launch of Ping Exchange signals a potential new stage in digital assets trading. The hybrid platform merges robust security protocols with user-focused asset control,…

Crypto Sleuth Exposes ‘Real’ Reason For USDC’s Breakup With Tron

bitcoinist.com Circle, the entity behind the prominent crypto stablecoin USDC, announced its decision to discontinue its association with the TRON blockchain yesterday. This cessation of…

Major Binance Announcement Concerning Many Altcoins Including Ripple and Cardano

cryptopotato.com TL;DR Binance expanded its margin trading options, adding several new pairs and borrowable assets. The additions had minimal impact on the prices of the affected tokens. The…

Stablecoin Issuer Circle Announces Discontinuation of USDC Support on Tron Blockchain

news.bitcoin.com The U.S. financial technology firm Circle said on Feb. 21 that it will discontinue support for USDC on Tron blockchain. The move comes just a few months after Circle refuted…

Why USDC and USDT Holders Are Diversifying Their Holdings Into New Emerging Memecoin Giant

coinpedia.org The post Why USDC and USDT Holders Are Diversifying Their Holdings Into New Emerging Memecoin Giant appeared first on Coinpedia Fintech News In the dynamic world of…

Justin Sun, Suspected in $259M Ethereum Purchase Spree

coingape.com Tron founder Justin Sun is the subject of speculation after a number of high-value cryptocurrency transactions indicate a substantial investment in Ethereum (ETH).…

Rise of Ethena’s USDe to a $352 Million Market Cap Prompts Discussions About Protocol Design

unchainedcrypto.com As people deposit large amounts of their crypto assets into Ethena, a new decentralized finance protocol, discussions around its flagship product USDe has intensified among…

Top 3 Stablecoins to Watch in 2024: A Beginner’s Guide to Crypto Stability

investorplace.com There are some top stablecoins that every investor should know about for 2024. These coins are crucial for maintaining the stability of the cryptocurrency ecosystem, and…

Why Circle’s USDC Is Dumping Tron

coindesk.com Since at least 2021, there has been more tether (USDT) on Tron than on Ethereum, driven by the popularity of using Tron-based USDT to move funds between exchanges and…

Stellar sparks smart contract upgrade

blockworks.co Validators of the Stellar network voted Tuesday to upgrade the Stellar mainnet to “Protocol 20,” which introduces the Soroban smart contract platform. The addition of smart…

Circle cites compliance as it discontinues USDC on Tron

blockworks.co Peer-to-peer payments company Circle will discontinue its support for stablecoin USDC on Justin Sun’s Tron network. USDC is the second-largest stablecoin by market…

The Protocol: Restaking Tokens Are Exploding, and Restaking Isn't Even Live

coindesk.com BASE VS. BITCOIN? A series of posts appeared on the social-media platform X that the U.S. crypto exchange Coinbase's online payment protocol, Coinbase Commerce, didn't allow…

Is Coinbase Safe? Detailed Review & Data

bitcoinmagazine.com Over the past decade, Coinbase has reached millions of cryptocurrency traders and expanded to become the largest crypto exchange in the US. Despite its solid reputation,…

Aave’s $2m risk adviser Gauntlet calls it quits over ‘inconsistent’ DAO objectives

dlnews.com DeFi risk management firm Gauntlet has parted ways with lending protocol Aave over difficulties working with the DAO and its largest stakeholders. In a post on the Aave…

Grok AI picks 3 cryptocurrencies to stay away from

finbold.com Grok is an artificial intelligence model developed by xAI – founded by Elon Musk in 2023. Since its launch, Grok AI has thrived with a different approach to GPT-like models,…

Binance’s FDUSD market cap hits record high, dethrones USDC in Bitcoin trading volume

cryptoslate.com The First Digital USD (FDUSD) stablecoin has overtaken Circle-issued USD Coin (USDC) as the second-most popular pair for Bitcoin during the last five months, thanks to the…

At the Crossroads: Bitcoin ETFs & Coinbase

coinmetrics.substack.com Get the best data-driven crypto insights and analysis every week: The widespread acceptance of cryptocurrencies has evolved significantly in recent times, moving from…

Meme Coin Giant Alert: KangaMoon Buying Frenzy Continues As USDC (USDC) and Tether (USDT) Holders Pile In

coinpedia.org The post Meme Coin Giant Alert: KangaMoon Buying Frenzy Continues As USDC (USDC) and Tether (USDT) Holders Pile In appeared first on Coinpedia Fintech News KangaMoon is…

What’s Happening In Crypto Today? Daily Crypto News Digest

cryptonews.com Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s crypto news: Why is crypto…

price prediction amid USDC halting operations

finbold.com Circle announced the removal of native USDC on the Tron Network (TRX) as part of its “risk management framework.” This raised concerns about Tron’s future in the market,…

Reserve Rights Price Prediction: 2024, 2025, 2026

coinpedia.org The post Reserve Rights Price Prediction 2024, 2025, 2030: Is RSR Token A Good Investment? appeared first on Coinpedia Fintech News Story Highlights The live price of…

7-Eleven, Inc. Gives 7Rewards, Speedy Rewards Customers the Chance to Win Concert Tickets for a Year

benzinga.com Loyalty members can enter to win by purchasing participating products at 7-Eleven, Speedway and Stripes stores IRVING, Texas, Feb. 21, 2024 /PRNewswire/ -- 7-Eleven, Inc.,…

Circle Axes Support for USDC on Tron, Citing 'Risk Management'

decrypt.co USDC issuer Circle has discontinued support for the stablecoin on the Tron blockchain, the firm announced today. In a blog post, the firm said that it would no longer mint…

Is USDC preparing for a Justin Sun sanction?

protos.com Circle, the company that issues USDC, announced on February 20 that it would no longer be continuing support for the stablecoin on the TRON blockchain and is pushing for a…

Federal Reserve Official Asserts Cryptocurrency Bolsters Dollar's Position

dailycoinpost.com US Federal Reserve Governor Christopher J. Waller delivered remarks on the topic of de-dollarization, cryptocurrencies, and the potential advent of a digital dollar during…

Circle Cuts Ties with USDC Token Support on Tron Blockchain

financemagnates.com Circle, the US cryptocurrency firm, announced its decision to terminate support for its USDC token on the Tron blockchain network. The decision was revealed today…

Circle to end support for $313 million USDC on Tron amid compliance push

cryptoslate.com Centralized stablecoin issuer Circle is discontinuing support for USD Coin (USDC) on the Tron blockchain, citing concerns within its risk management framework. According to…

Bitcoin could rally towards $55k soon as Bitcoin Dogs presale crosses $3 million

coinjournal.net Key takeaways Bitcoin continues to trade below $52k and could rally higher soon. The Bitcoin Dogs presale has raised more than $3 million roughly a week after launch.…

Coinbase Secures Largest Ad Space Ever on Liquid Death Cases for $500k

coingape.com Coinbase has clinched a major advertising deal, emerging as the winning bidder for what is being hailed as the “Biggest Ad Ever.” The cryptocurrency giant has secured…

USDC Minting on TRON Ceases, All Support to Be Withdrawn Next Year

cryptopotato.com Circle, the company behind the second-largest stablecoin in the world, has announced the end of its support for the TRON network. Although the minting of new USDC on TRON…

Stablecoin USDC bids adieu to Tron network

ambcrypto.com Tron’s USDC market cap shrunk by 72% in the past year. • TRX remained unaffected, gaining 2.56% in the last 24 hours. In a significant development, stablecoin issuer Circle…

Why Is the Crypto Market Down Today?

beincrypto.com The Crypto Market Cap (TOTALCAP) and Bitcoin (BTC) fell after yearly highs. SATS (1000SATS) is holding on above support. In the news today: Stablecoin firm Circle…

USDC Stablecoin’s Issuer Circle Dumps Tron Network; TRX Steady

coindesk.com Major stablecoin USD Coin (USDC) will no longer be supported on the Tron blockchain, issuer Circle said in an announcement early Wednesday. “Circle is discontinuing support…

Circle Drops TRON Support for USDC, Citing Risk Management

cryptonews.com Stablecoin issuer Circle will stop supporting USDC on the TRON blockchain, as part of concerns under its risk management framework. In a statement on Wednesday, the company…

Circle To End USDC Stablecoin Support on TRON

watcher.guru Stablecoin issuer Circle announced this week its plans to fully discontinue minting and support USDC on the TRON blockchain over the coming years. Positioned as an effort to…

Circle to Stop Minting USDC on TRON Blockchain

unchainedcrypto.com Stablecoin issuer Circle plans to cease minting its USDC stablecoin on the TRON blockchain, and will eventually discontinue support for USDC on TRON entirely. “Effective…

Circle To End USDC Support on Tron Blockchain Amid Risk Management

coingape.com On Tuesday, February 20, the second-largest stablecoin operator Circle announced that it is ending support for its USDC stablecoin on the Tron blockchain. However, this…

Circle Ends Support for USDC on TRON Blockchain : A Strategic Shift for Stability

coinpedia.org The post Circle Ends Support for USDC on TRON Blockchain : A Strategic Shift for Stability appeared first on Coinpedia Fintech News Circle ceases USDC support on the Tron…

This Major Stablecoin Firm Will Cease TRON Blockchain Support Amid IPO Push

beincrypto.com Circle, a major stablecoin firm, has announced it will cease support for USDC (USD Coin) on the TRON blockchain. This move comes amid the firm’s strategic push towards an…

Circle ceases USDC support on TRON blockchain as part of risk management strategy

theblock.co Circle announced that it will phase out support for USDC on TRON and has immediately ended USDC minting services on the blockchain.

Now Accepted for Microsoft Payments: Details

cryptonewsbtc.org Crypto fee processor BitPay has introduced a bit of thrilling information for Litecoin (LTC) holders who make the most of Microsoft. In a brand new tweet, BitPay makes it…

Circle to cease minting USDC on Tron Network effective immediately

cointelegraph.com The U.S.-based stablecoin issuer said it would discontinue minting USDC on the Tron network “to ensure that USDC remains trusted.”

USDT Preferred Over Bitcoin In Africa? Expert Suggest Why

bitcoinist.com Over the years, more and more people have adopted cryptocurrencies like Bitcoin as their vehicle for financial freedom and savings safeguard. The largest cryptocurrency by…

Hundreds of Dollars Betting Crypto on Your Fitness Goals

coindesk.com The premise is this: People are more likely to hit their fitness goals (say, a daily step count) when there's some external force holding them accountable. Perhaps it's…

From Meme to Reality: Dogecoin Can Get You a Ferrari as the Luxury Car Maker Adds DOGE Payments

dailycoin.com Ferrari presses the clutch on luxury car payments in DOGE for U.S. clients. • Dogecoin’s way up heavily depends on the confluent resistance, which is around $0.10. Ferrari,…

12 most popular types of cryptocurrency

aol.com Bitcoin gets all the headlines when people talk about cryptocurrencies, but there are literally thousands of other options when it comes to these digital currencies. In…

Mastercard’s Latest Crypto Loyalty Scheme Aims to Plug Google Pay Gaps

coindesk.com Payments giant Mastercard (MA) is working with Swoo Pay, an emerging markets-focused mobile payments app, to offer loyalty rewards in cryptocurrency and plug the gaps left…

MetaMask Completes Roll-Out Of Blockaid Security Alerts

thedefiant.io MetaMask estimates crypto users lost $1.7B to exploits and phishing scams in 2023. MetaMask has completed an integration with Blockaid to provide security alerts to its…

Ex-PayPal and Venmo vets launch Meso to connect crypto wallets with bank accounts, announce $9.5M seed round

fortune.com A team of fintech-turned-crypto converts today launched Meso, a payment platform that brings digital assets and fiat currencies closer together, making it easier for users…

ApeX Protocol Partners with Alertatron to Enhance Automated Trading Capabilities

cryptopotato.com [PRESS RELEASE – Saint Vincent, the Grenadines, February 20th, 2024] ApeX Protocol, one of the leading permissionless and non-custodial derivatives decentralized exchanges…

UK Stablecoin and Crypto Staking Rules Ready in Six Months, Says Econ Secretary

decrypt.co The UK government will introduce new regulations for stablecoins and crypto staking services within the next six months, according to Economic Secretary to the Treasury Bim…

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