BlackRock’s BUIDL fund now convertible to USD Coin (USDC) after Circle integration
Circle enables BUIDL share conversion to USDC with new smart contract functionality. BlackRock’s BUIDL investors can convert their shares to USDC 24/7. BlackRock’s BUIDL fund saw $240 million in first-week…
Ripple to issue USD-pegged stablecoin challenging Tether and USDC market dominance
Ripple enters the stablecoin market with a USD-pegged token. Backed by USD deposits, treasuries, and audits, Ripple’s stablecoin targets institutional adoption. The new stablecoin will initially be issued on Ethereum…
Chainlink and Circle join forces for seamless cross-chain USDC transactions
Chainlink integrates Circle’s CCTP into CCIP, enhancing USDC for cross-chain DeFi transactions. Developers gain tools for secure USDC transfers with CCTP’s permissionless on-chain utility. CCIP’s advanced risk management features bolster…
USDC launches on Sei as Circle invests in layer 1 blockchain
Layer 1 blockchain Sei welcomes USDC as Circle makes strategic investment USDC will provide Sei developers and entrepreneurs access to fast and instantaneous transaction settlements Circle Ventures, the investment arm…
Circle and Coins.ph partner for USDC remittances in the Philippines
Coins.ph and Circle say the partnership aims at improving the remittance landscape in the Philippines. The companies target cheap and near-instant remittances enabled by the USDC stablecoin. Philippine fintech company…
Visa expands its stablecoin capability to include USDC issued on Solana
Visa started venturing into USDC settlements back in 2021 through a partnership with Crypto.com. Crypto.com’s Australian card program’s cross-border volume was paid for using Ethereum-based USDC. Visa is now expanding…
Optimism brings native USDC to OP Mainnet
Optimism and USDC issuer Circle have announced native support for USDC on OP Mainnet. The partnership is expected to spur institutional on and off-ramps for Optimism. Optimism will soon have…
Coinbase buys a stake in USDC stablecoin issuer Circle
Previously, Coinbase only assumed a minority role as a distributor and promoter of the Circles USDC project. Buying a stake in Circle means Coinbase is taking a more hands-on approach…
USDC issuer Circle receives a digital token licence in Singapore
Key takeaways Circle has received its Major Payment Institution (MPI) license for digital payment token services in Singapore. The company was first issued an in-principle approval in November 2022. Circle…
Nimiq adds gas-abstracted USDC transactions on Polygon
Nimiq is the first non-custodial wallet to implement gas-abstracted USDC for Polygon Gas abstraction is an innovative feature that allows blockchain users to pay required network fees using whatever token…