Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
USDC
Stripe Enables USDC Support for U.S. Companies Across Leading Blockchains
Payment solutions provider Stripe has introduced global support for USDC transactions, enabling U.S. businesses to accept payments through Ethereum (ETH), Solana (SOL), and Polygon (POL). USDC Payments Across Three Major Blockchains The new feature allows U.S. companies to receive USDC payments from customers in over 150 countries, with settlements made in U.S. dollars. Businesses can integrate the feature through Stripe’s existing platforms, including checkout, elements, and payment intents. Jeff Weinstein, Stripe’s Head of Product, announced the move on social media…
8 months ago
SUI Foundation Launches Native USDC on Sui Network; NAVI Integrates Immediately
The SUI Foundation announced support for native USD Coin (USDC) on the Sui Network (SUI) blockchain. According to an Oct. 9 press release, NAVI—Sui Network’s top decentralized finance (DeFi) and liquidity protocol—has already announced plans to integrate USD Coin on the day it launches on the SUI blockchain. The network will see $120 million worth of USDC be deployed on its blockchain, making it the third in order of USDC supply. The introduction of native USDC enhances Sui Protocol’s DeFi…
8 months ago
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USDCNative USDC Officially Launches on Sui
Grand Cayman, Cayman Islands, October 8th, 2024, Chainwire Sui is the first Move language-based blockchain with native USDC Sui, the Layer 1 blockchain offering industry-leading performance and infinite horizontal scaling, and Circle, the issuer of USDC, today announced that native USDC is live on the Sui Network. With this integration, users of Sui will have direct access to one of the most widely used stablecoins as a native asset on the network, removing the added complexities and risks caused by…
8 months ago
SUI USDC Stablecoin Release Still Falls Short To New AI Dating Platform After Announces ‘Social Scoring’ Feature
The competition in the blockchain space is intensifying, with many projects seeking to carve out a niche through innovations in DeFi and Web3. However, one new entrant, GoodEgg (GEGG), is proving that the future of blockchain may lie in AI-driven social platforms. Despite Sui (SUI) launching its highly anticipated USDC stablecoin integration, GoodEgg’s recent announcement of a "social scoring" feature is stealing the spotlight. GoodEgg (GEGG) Takes Main Stage with Social Scoring Feature While Sui focuses on enhancing its DeFi…
9 months ago
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USDCSui to Launch Circle’s Native USDC and CCTP
Singapore, Singapore, September 17th, 2024, Chainwire Announcement marks the first blockchain based on the Move programming language to support these protocols Sui, the Layer 1 blockchain offering industry-leading performance and infinite horizontal scaling, has announced the upcoming native launches of USDC and Cross-Chain Transfer Protocol (CCTP) on the Sui Network. Issued through Circle’s regulated entities, USDC is the largest regulated dollar-backed stablecoin in the industry with over a $35 billion market cap, as of September 17, 2024. CCTP is a…
9 months ago
Vitalik Buterin Stakes $2.24M in ETH and 2.27M USDC on Aave!
The post Vitalik Buterin Stakes $2.24M in ETH and 2.27M USDC on Aave! appeared first on Coinpedia Fintech News Ethereum co-founder Vitalik Buterin has made a significant move by staking 950 ETH worth $2.24 million with 2.277 million USDC over AAVE. The move comes after a streak of wallets linked to Buterin offloading ETH in the market. As a sudden shift in mentality, the transaction attracts bullish attention in the market.
9 months ago
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USDCYou Can Now Buy BONE And USDC With Visa/MasterCard On Shibarium!
The post You Can Now Buy BONE And USDC With Visa/MasterCard On Shibarium! appeared first on Coinpedia Fintech News Shiba Inu meme coin developers have enabled on-ramp features with Visa and Mastercard for its ecosystem token, Bone ShibaSwap (BONE). Individuals and businesses can now buy BONE and Circle’s USDC with fiat currencies using their Visa and Mastercard on Shiba Inu’s layer-2 scaling solution, Shibarium. Integration with Visa and Mastercard is critical to the growth and adoption of Shibarium, making BONE…
10 months ago
Arbitrum Orbit Chain Users To Pay Gas Fees Using USDC: Why Is ARB Down 80%?
Users of Arbitrum orbit chains, layer-3 solutions for Ethereum built on top of the platform’s technology stacks, can now pay gas fees using USDC. The move comes even as ARB, the native token of the Ethereum layer-2, continues to post lower lows, pushing losses to nearly 80% since January 2024 highs. Arbitrum Orbit Chains Support USDC For Paying Gas Fees In a press release, the decision to integrate bridged USDC aims to reduce gas fees and attract more developers. As…
10 months ago
Massive Crypto Heist: 3,996 ETH and 1.9M USDC Stolen and Returned from Ronin Network
The post Massive Crypto Heist: 3,996 ETH and 1.9M USDC Stolen and Returned from Ronin Network appeared first on Coinpedia Fintech News Year 2024 is getting very tough for the crypto ecosystem. The global market crash and the crypto hacks are affecting digital currencies. In the series of crypto hacks, Ronin Bridge faced a significant exploit, losing around $12 million worth of cryptocurrency. Such exploits highlight ongoing security challenges in the blockchain world. Details of Lost Funds Ronin Network, a…
10 months ago