News list for " issuer"
On January 18, according to on-chain data, 33 minutes ago, dollar stablecoin issuer Circle issued 250 million additional USDC on the Solana chain.
Bitcoin stablecoin issuer Avalon Labs has added support for uniBTC assets. Users can use it as collateral to borrow other assets or recycle uniBTC for leveraged re-pledge.
According to a report by stablecoin issuer Circle, USDC's issuance volume in 2024 has increased by 78%. USDC currently has over 500 million users and operates on 16 blockchains, enabling over $850 billion in fiat currency transfers. In November 2024, USDC's monthly transaction volume exceeded $1 trillion, bringing its historical total to over $20 trillion.
Avalon Labs, a Bitcoin stablecoin issuer, has announced the registration of an open governance token AVL airdrop. AVL adopts a LayerZero full-chain deployment scheme, allowing users to choose the receiving chain and wallet address, but they cannot change it after registration. The specific airdrop ratio will be announced on the day of the token generation event (TGE).
Stablecoin issuer Circle released a USDC economic status report, USDC issuance increased by 78% year-on-year in the past year, the historical total transaction volume has exceeded 20 trillion US dollars, the monthly transaction volume in November 2024 reached 1 trillion US dollars, more than 500 million end users can access USDC through digital wallets and consumer applications.
According to the official announcement, asset manager Galaxy and stablecoin issuer Agora have completed the first over the counter involving Agora stablecoin AUSD. "This transaction marks the transition of AUSD from proof of concept to practical application," said Nick van Eck, Agora's chief executive, in a statement. Agora said that AUSD is a "builder-centric" stablecoin designed to attract traders and developers through "gas-optimized" smart contracts. The company also said that the stablecoin...
Bitcoin technology company JAN3 has completed a $5 million seed round, led by FulgurVentures, with GrupoSalinas, Tether, Lightning Ventures, EastVentures, PlanBFund, BitcoinOpportunityFund and NYDIG participating. As part of the current seed round, JAN will allocate $1 million to build a bitcoin vault, including 12 BTC, with an average cost of $83,333.33 per BTC.
Stablecoin issuer Paxos released its second USDG attestation report, which revealed that as of November 29, 2024 Singapore time, the number of tokens held by USDG contracts on the Ethereum network increased to 29,386,864, an increase of 18,636,724 from the end of October. The fair value of redeemed assets is at least equal to or greater than $29,467,869, and the number of USDG tokens does not exceed the balance of redeemed assets reported below. In addition, it is reported that USDG is a collabo...
Stablecoin issuer Tether invested $2 million in Arcanum Capital's Arcanum Emerging Technologies Fund II, a tokenized investment vehicle specializing in decentralized Web3 projects. James McDowall, managing partner of Arcanum Capital, said the fund invests in blockchain technology to enhance remittances, cross-border transfers, privacy and provide banking services to the unbanked. Paolo Ardoino, CEO of Tether, said that anti-censorship and promoting open communication are the main priorities for ...
Bitcoin-based stablecoin USDa issuer Avalon Labs completed a $10 million Series A funding round led by Framework Ventures, with participation from UXTO Management, Presto Labs, and Kenetic Capital.
Paolo Ardoino, CEO of stablecoin issuer Tether Holdings Ltd., said in an interview that the company is on track to make a net profit of more than $10 billion by the end of the year. Demand for the dollar-pegged Tether USDT stablecoin has also risen sharply as bitcoin and many other cryptocurrencies have rallied to record highs. According to data tracker CoinMarketCap, the token's market cap has increased by nearly $50 billion this year and is now more than $140 billion. Most of Tether's profits ...
ETF issuer YieldMax has announced the launch of the YieldMax ™ MARA Option Income Strategy ETF (NYSE: MARO) on the NYSE, which seeks to generate revenue by implementing an options-based strategy on MARA, but does not directly invest in MARA. It is reported that its first allocation is expected to be announced on January 2, 2025. YieldMax has previously launched the Bitcoin Options Income Strategy ETF YBIT and the Short Coinbase Stock Options Strategy ETF.
USDC stablecoin issuer Circle has announced that it will launch an upgraded cross-chain transfer protocol, CCTP V2, on the Ethereum mainnet, Base, and Avalanche in early 2025. The new version will significantly improve the efficiency of USDC cross-chain transfers and achieve second-level settlement, which is a significant improvement over the existing version of minute-level settlement. Circle said that all cross-chain transactions will be guaranteed by it, and it will be expanded to more blockc...
Stablecoin issuer Circle Internet Financial Ltd. said it made layoffs as part of a regular operational review. The layoffs represent less than 6 percent of Circle's workforce, a Circle spokesperson said. The company will continue to invest in artificial intelligence-driven geographic growth, efficiency and productivity. Circle regularly reviews our investments and expenses. This includes investing in teams and operational infrastructure that need to be developed, while slightly reducing expenses...
According to developer documentation, US-based crypto exchange Coinbase is integrating Apple Pay into its fiat-to-cryptocurrency deposit and withdrawal service. The product, called Coinbase Onramp, offers a one-click purchase feature designed to reduce the red tape that users have to go through to top up a self-hosted wallet. Coinbase said in a statement that using cryptocurrencies often involves "a lot of friction, so users give up". Onramp, formerly known as Coinbase Pay, is essentially a Soft...
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