USDC

Former US Treasury Secretary Larry Summers Expects ‘A Ton of Innovation’ Around Stablecoins

Former U.S. Treasury Secretary Lawrence Summers praised stablecoins, but said he would be surprised if a global digital currency became a reality in his lifetime. During a special episode of Circle co-founder and CEO Jeremy Allaire’s podcast, “The Money Movement” last week, Summers said he foresees more innovation in the blockchain space but a global …

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Tether’s Market Valuation Grows 144% in 2020, USDT Market Cap Worth $10 Billion

Crypto 101: How to Send and Receive Bitcoin Cash Via the Bitcoin.com Wallet During the last few months in the midst of the coronavirus outbreak and faltering global economy, many individuals have shown an interest in bitcoin and other cryptocurrencies. However, oftentimes people can find the process a bit daunting because they are … read …

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Circle, Coinbase Bring USDC Stablecoin to Algorand’s Blockchain

The CENTRE consortium, led by Coinbase and Circle, announced on Thursday that its U.S. dollar-backed stablecoin, USD Coin (USDC), would be launched on the Algorand blockchain as part of a new collaboration with the Algorand Foundation.   Circle said it would also support digital dollar stablecoins that are interoperable with USDC on Algorand’s blockchain, according to …

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Armoney Recommends Only the Following Cryptocurrencies in India

So, what is cryptocurrency? It’s an internet medium to exchange funds between individuals or corporations to conduct financial transactions. An individual becomes a bank and has control over his own money. Post-COVID will be the beginning of an online transaction era, without the need to go to a bank or touching cash (I owe you) …

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Bitpay Has ‘No Current Plans’ to Support Liquid or the Lightning Network

According to Bitpay’s Chief Marketing Officer, Bill Zielke, onchain bitcoin payments still rule the roost as far as payments are concerned. Zielke detailed that at least in the near future, Bitpay won’t be supporting the Lightning Network or Blockstream’s Liquid project. Liquid or the Lightning Network Not on the Roadmap The top cryptocurrency payment processor …

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Ledn Launches USDC Stablecoin Savings Accounts With Focus on Latin America

The crypto loan startup Ledn, which primarily serves users in Latin America, is now offering USDC stablecoin savings accounts through a partnership with the lending and trading conglomerate Genesis. (Disclosure: Genesis is owned by CoinDesk’s parent company, Digital Currency Group.) Genesis VP of Originations Matt Ballensweig said in a statement his company believes this will …

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