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Coinbase Expands Morpho Loans With Fixed-Rate Bitcoin Borrowing
Coinbase is expanding Morpho loans with fixed-rate USDC borrowing against Bitcoin. Users can lock in the interest rate and repayment date, in what Decrypt describes as the first enterprise-scale deployment of Morpho Midnight.
Binance Takes $100 Million Stake in Circle Under Five-Year USDC Deal
Binance acquired a $100 million stake in Circle and entered a five-year commercial agreement to promote USDC. Both the equity placement and commercial deal closed on the same day, with funds moving between the companies.
Upbit Flags SOPH for Review as Binance Removes Seven USDC Pairs
The post Upbit Flags SOPH for Review as Binance Removes Seven USDC Pairs appeared first on Coinpedia Fintech News South Korea’s Upbit placed Sophon (SOPH) under a trading warning and suspended deposits over concerns abo...
Circle Introduces Bitcoin-Backed USDC Borrowing Through Mint
Circle launched Bitcoin-backed USDC borrowing through its Mint workflow. The process removes operational steps, but borrowing terms remain variable and liquidation risk is assigned to the third-party Morpho protocol.
Circle Puts USDC in the Spotlight Through Chelsea Sponsorship
Circle is promoting USDC through a Chelsea shirt sponsorship, bringing the dollar-pegged stablecoin greater visibility. USDC is designed to remain worth one dollar, so its appeal is stability rather than price appreciation.
Circle Introduces Arc, a Layer-1 Blockchain Built for Stablecoin Finance
Circle, the issuer of USDC, is developing Arc, a layer-1 blockchain designed specifically for stablecoin-native finance. Decrypt’s report does not provide a launch date, native token details, technical specifications, or transaction economics.
Circle Develops Arc Layer-1 Blockchain for Stablecoin Finance
Circle, the issuer of USDC, has developed Arc, a new layer-1 blockchain designed for stablecoin-native finance. Decrypt identifies Arc as infrastructure focused on stablecoin-based financial activity, not a separately described tradable token.
Circle Debuts Arc Blockchain for Payments and Institutional Finance
Circle has launched Arc, a blockchain built for payments, tokenized assets and institutional finance. CEO Jeremy Allaire called the network potentially more consequential than USDC as banks and payment firms enter stablecoins.
Circle’s $400M Tazapay Deal Targets Emerging-Market Stablecoin Growth
Circle’s $400 million Tazapay deal is aimed at expanding USDC in emerging markets, where Tether has long been strong. The transaction provides market links and relationships that could otherwise take years to establish.
Chelsea FC to Feature USDC Stablecoin on Jerseys After FCA Warning
Chelsea FC will put Circle’s USDC stablecoin name on the front of its jerseys for the upcoming season, according to Circle. The sponsorship follows a UK FCA warning to football clubs about cryptoasset promotions.