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Tag Archives: usdc

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...

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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

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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...

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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...

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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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