CoinspeakerStarknet Foundation Unveils $5M Seed Grant Program for Ecosystem Growth The seed grant program will focus on projects associated with Starknet that have already reached the MVP or proof-of-concept stage. Starknet Foundation Unveils $5M Seed Grant Program for Ecosystem Growth
Read More »New Visa Metric: Over 90% of Stablecoin Transactions Not Genuine
The stablecoin sector is not a stranger to controversies, but a recent study questions whether these assets are being widely used as claimed. According to the report, a new metric developed by American multinational payment giant Visa indicates that over 90% of stablecoin transactions aren’t made by genuine users, suggesting that these cryptocurrencies are far from being widely adopted for payments. Only 10% of Stablecoin Transactions Organic Visa, along with Allium Labs, has...
Read More »Tether Steps Up Monitoring of Token Usage to Combat Illicit Finance
CoinspeakerTether Steps Up Monitoring of Token Usage to Combat Illicit Finance This collaboration with Chainalysis provides Tether with advanced tools to detect transactions involving sanctioned entities and track the activities of major token holders. Tether Steps Up Monitoring of Token Usage to Combat Illicit Finance
Read More »DeFi Lending Platform Aave Reveals V4 Protocol Upgrade Plans
CoinspeakerDeFi Lending Platform Aave Reveals V4 Protocol Upgrade Plans With all the upgrades that the proposal suggests, a notable part focused on growing the protocol's algorithmic stablecoin GHO. DeFi Lending Platform Aave Reveals V4 Protocol Upgrade Plans
Read More »Visa’s Stablecoin Metric: Circle’s USDC Overtakes USDT in Transaction Volume
CoinspeakerVisa’s Stablecoin Metric: Circle’s USDC Overtakes USDT in Transaction Volume Over the years, Tether's USDT has dominated the industry as the preferred stablecoin among its pairs, trading as the third largest crypto after Bitcoin and Ethereum, with a market capitalization of $110.64 billion. Visa’s Stablecoin Metric: Circle’s USDC Overtakes USDT in Transaction Volume
Read More »DAI Hit Record $240B in On-chain Transaction Volume Last Week
CoinspeakerDAI Hit Record $240B in On-chain Transaction Volume Last Week DAI's $240B record weekly transaction volume eclipsed the rest of the stablecoins combined. DAI Hit Record $240B in On-chain Transaction Volume Last Week
Read More »Circle’s USDC Stablecoin Lands on zkSync Layer 2 Rollup
Fintech firm and stablecoin issuer Circle has announced that native USDC is now available on the leading layer 2 rollup, zkSync, thereby making it accessible to developers and users without the need for bridging. With the latest inclusion, USDC is now supported on a total of 16 blockchain networks. USDC on zkSync In its official blog post on April 9th, Circle revealed that numerous prominent ecosystem applications and DeFi protocols are anticipated to embrace native USDC on...
Read More »USDC Issuer Circle Expands Support for Web3 Services on Solana
Fintech company Circle has announced support for Web3 services on the Layer 1 blockchain network, Solana. Circle said that the latest move highlighted the growing significance of stablecoins such as USDC in aiding a more inclusive financial landscape. The company aims to facilitate accessibility to USDC for both enterprises and developers while emphasizing the importance of providing the necessary tools to integrate the stablecoin seamlessly into various applications. With...
Read More »PayPal’s PYUSD Circulation Plummets 38% in March
CoinspeakerPayPal’s PYUSD Circulation Plummets 38% in March In a strategic move to bolster PYUSD’s utility and adoption, PayPal announced the integration of PYUSD for funding international transfers through its service Xoom. PayPal’s PYUSD Circulation Plummets 38% in March
Read More »Luzerner Kantonalbank goes Bitcoin
Aktuell bietet die Luzerner Kantonalbank drei Kryptowährungen an: Bitcoin (BTC), Ethereum (ETH) und USD Coin (USDC). Die Luzerner Kantonalbank AG (LUKB) ermöglicht ihren Kundinnen und Kunden seit Anfang März 2024 den einfachen Handel und die sichere Verwahrung von Kryptowährungen. Das neue Angebot ist technisch nahtlos in das Kernbankensystem und das E-Banking (Mobile und Desktop) der LUKB integriert. Aktuell stehen drei Kryptowährungen zur Wahl:...
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