Ethereum layer 2s hold $13.5B stablecoin supply
Ethereum layer-2 networks now lock over $13.5 billion in stablecoins, driving total market capitalization to $205 billion. Go to Source
USDC
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Stablecoins Becoming Increasingly Viable as Staking Collateral, Research Shows
The research, which focuses on Circle’s USDC stablecoin, is part of a series of posts on restaking by crypto research firm Gauntlet. USDC Provides Unique Benefits as Restaking Collateral Restaking – the practice of staking cryptocurrencies like ether (ETH) on multiple protocols to generate additional yield – can now be accomplished with ERC20 tokens, including … Read more
Nuvei, Visa partner on stablecoin payments for Latam merchants
Latin America continues to be a center of blockchain integration with Nuvei and partners’ new e-commerce solution for merchants. Go to Source
Circle says USDC is first stablecoin to meet Canada’s new listing rules
Non-compliant stablecoins listed on Canadian-registered crypto platforms will be required to be delisted by Dec. 31, 2024. Go to Source
Circle Commits to Updated Canadian Stablecoin Regulatory Requirements
The updated rules were introduced last year and outline several requirements for crypto exchanges and stablecoin issuers. USDC Issuer Circle Claims It Was First to Comply With Canada’s Interim Listing Rules Stablecoin issuer Circle, whose flagship product USDC has a current market capitalization of roughly $40 billion, issued a formal undertaking on Wednesday to Canadian … Read more
Crypto payment firm Dtcpay shifts to stablecoin-only payments model
By January 2025, Dtcpay will drop support for Bitcoin and Ether to focus on stablecoin payments exclusively. Go to Source
XRP returns to 3rd-largest crypto after 4-year battle with SEC
XRP has made a historic comeback as the third-largest coin by market cap, the number of “XRP” Google searches breaking above “crypto.” Go to Source
Europe’s Coinbase users frustrated as MiCA forces sunset of USDC yield
Some Coinbase users are airing frustration at the region’s MiCA laws, which is forcing the exchange to stop offering yield on USDC in the European Economic Area. Go to Source
Non-USD stablecoins can spur adoption: Report
Cryptocurrencies, including stablecoins, still only pay for 0.2% of online commerce transactions globally, according to the report. Go to Source
Stablecoin trading volume surges to $1.8T in November
Stablecoins trading volume saw a sharp increase, placing monthly volumes on exchanges on track to new highs in 2024. Go to Source
