USDC is managed by Circle Internet Groups and plays a key role on Coinbase’s trading platform. Competition from Tether, PayPal, and Ripple threatens USDC’s leading position in the stablecoin market.
USDC, a stablecoin linked to the dollar, lost its peg to the U.S. currency amid a surge of investor withdrawals after its founder, Circle Internet Financial Ltd., said it had $3.3 billion invested in ...
Is USDC really the most boring coin in crypto? Read on to see why rock-solid stability is its best feature. There you go. The same coin is also worth $1 today, and I don't expect much volatility over ...
While Circle faces significantly big competition from rival stablecoins issued by Tether (CRYPTO: USDT) and PayPal (CRYPTO: PYUSD), its recent developments like minting native (CRYPTO: USDC) coin, ...
37% year over year contraction in outstanding stablecoin USDC is a headwind for COIN's future earnings. As of December 31, 2022, 1.9% of USDC outstanding was owned by COIN, up from 0.8% in September ...
USDC is designed to stay at $1, and that’s likely to hold true for years to come. Stablecoins like USDC aren't really investment vehicles, but tools that make your crypto-trading experience a little ...
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