USDC

Bermuda Now Accepts USDC Crypto for Taxes and Government Services

Residents of Bermuda can now pay their taxes in cryptocurrency. The Government of Bermuda announced Wednesday it will accept payments in USD Coin (USDC) “for taxes, fees and other government services,” according to a press release by crypto finance startup Circle. USDC is a stablecoin pegged to the U.S. dollar launched a year ago by …

Bermuda Now Accepts USDC Crypto for Taxes and Government Services Read More »

Coinbase to Pay Users 1.25% Interest on USDC Stablecoin Holdings

You don’t have to be a trader on Coinbase to make a profit. Starting Wednesday, customers of the San Francisco-based cryptocurrency exchange can earn interest on their holdings of the dollar-pegged stablecoin USDC. The annual percentage yield (APY) is 1.25 percent. “We’re trying to build more ways for customers to grow their wealth on Coinbase,” …

Coinbase to Pay Users 1.25% Interest on USDC Stablecoin Holdings Read More »

Shots Fired as Nancy Pelosi Challenger Bacelar Funds Campaign With Crypto

</header> <strong>27-year-old Agatha Bacelar is a Brazilian-American immigrant from a STEM background, and she’s targeting Speaker of the House Nancy Pelosi’s seat in the California Congress (CA-12) in the next election cycle. Her campaign is seeking to raise $1 million in crypto (<a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BTC” target=”_blank” rel=”noopener noreferrer”>BTC</a>, <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a>, <a …

Shots Fired as Nancy Pelosi Challenger Bacelar Funds Campaign With Crypto Read More »

Stablecoins and Exchange Coins – What’s the Difference From the Ol’ Corporate Bond?

</header> <strong>A new weekly record was set last week in global corporate bond sales, with investors grabbing hold of around $140 billion in new bonds according to data from Dealogic. This occurs against a backdrop of negative yielding debt, and the meteoric rise in popularity of stablecoins and exchange-native tokens across the crypto space. The …

Stablecoins and Exchange Coins – What’s the Difference From the Ol’ Corporate Bond? Read More »

ERC20 Tether Transactions Flip Their Omni Equivalent

</header> <strong>Crypto enthusiasts have noticed that the Ethereum blockchain has come awfully close to reaching capacity due to the added transactions stemming from the Tether (<a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/USDT” target=”_blank” rel=”noopener noreferrer”>USDT</a>) network. The transaction count since mid-August shows the ERC20 version of tether has surpassed the original version that uses <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BTC” target=”_blank” rel=”noopener …

ERC20 Tether Transactions Flip Their Omni Equivalent Read More »

How Coinbase Quietly Became the World’s Biggest Bitcoin Bank

<header class=”article__header”> </header> <strong>On August 15, the San Francisco-based digital currency exchange Coinbase announced that it had acquired the cryptocurrency custody service Xapo’s institutional branch. The business move puts Coinbase in the limelight, making it the largest custodial service for digital assets worldwide, with more than $7 billion under custody.</strong> Also Read: Hong Kong Protest …

How Coinbase Quietly Became the World’s Biggest Bitcoin Bank Read More »

How Coinbase Is Using an Ethereum Upgrade to Help Merchants Accept USDC

Coinbase Commerce is putting ethereum’s most recent upgrade, Constantinople, to use for thousands of retailers and merchants around the world. Launched early last year, Coinbase Commerce is an app for online vendors wanting to accept payments in crypto and integrate these purchases into existing business cash flows. As reported by CoinDesk in May, over $50 …

How Coinbase Is Using an Ethereum Upgrade to Help Merchants Accept USDC Read More »

Research Reports Show Positive Crypto Industry Growth in H1 2019

<header class=”article__header”> </header> <strong>More than half the year is behind us and the cryptocurrency ecosystem continues to move forward, showing relentless growth over the last six months. 2019 has also seen a new theme arise as speculators believe the cryptocurrency ecosystem is experiencing an influx of institutional interest and regulatory crackdowns. A variety of cryptocurrency …

Research Reports Show Positive Crypto Industry Growth in H1 2019 Read More »

Firm That Monitors Coinbase’s Stablecoin Audited Over $10 Billion in Client Assets

The international auditing firm that attests to Coinbase’s USDC stablecoin announced it has audited more than $10 billion worth of client assets in the first quarter of 2019, according to a statement. The accounting firm Grant Thornton serves between 15 and 20 clients that are highly leveraged in crypto assets, including prominent crypto-denominated exchanges. The …

Firm That Monitors Coinbase’s Stablecoin Audited Over $10 Billion in Client Assets Read More »

Liquid Exchange Launches BCH/USDC Trading Pairs

<header class=”article__header”> </header> <strong>The global cryptocurrency trading platform <a href=”https://www.liquid.com/”>Liquid</a> has announced the release of its new <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a>/USDC trading pairs allowing anyone to swap bitcoin cash for the popular stablecoin USDC. Moreover, Liquid users will soon be able to connect their accounts to Bitcoin.com’s new <a href=”https://www.bitcoin.com/merchant-solutions/brick-mortar/”>Bitcoin Cash Register</a> app …

Liquid Exchange Launches BCH/USDC Trading Pairs Read More »