Circle discontinues support for USDC on Tron blockchain, citing trust and safety concerns. Immediate halt in USDC minting on Tron; retail users urged to transition to other networks. Decision follows scrutiny over Circle's ties to Tron founder amid legal actions.
EdmundStablecoin issuer Circle is bringing USD Coin (USDC) to the Celo (CELO) blockchain, fostering a strategic alliance to enhance stablecoin accessibility. This move aligns with Celo's vision of becoming a leader in real-world adoption, showcasing potential for further innovations in the evolving crypto landscape.
JoyCircle claims to have redeemed $3.8 billion USDC and minted $0.8 billion USDC since Monday.
TheBlockExploring the implications of USDC's depeg and the potential paths forward for DeFi
Ignas I DeFi ResearchJeremy Allaire detected irony in how his crypto company needed to be rescued from the banking system this week.
cryptopotatoUSDC has regained its $1 peg.
BeincryptoSeveral DeFi players have posted some serious figures amid the market’s latest chaos.
decryptThe Tether stablecoin has also seen a small decline but remains steady with a market cap of $68.9 billion.
CryptoSlateThe firm previously said its reserves would be in cash and treasuries.
CointelegraphUkraine continues to use crypto and NFTs to fund the two-month long ongoing Russia-Ukraine war.
Cointelegraph