Circle Raises $222 Million for Arc Blockchain in Token Presale
Circle raised $222 million for its Arc blockchain network in a token presale backed by BlackRock and a16z.
usdc
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Polygon Commits $250 Million to Expand Stablecoin Payments Network
Blockchain network Polygon says it will invest $250 million in deals aimed at boosting stablecoin payment adoption and infrastructure, positioning itself as a key hub for crypto payment activity.
Stablecoin Market Cap Hits Record Near $310B as USDT Keeps Lead
The stablecoin market hits a record near $310 billion, led by USDT and USDC as demand for on-chain dollars grows across trading and payments.
JPMorgan Arranges $50M Tokenized Bond on Solana Using USDC
JPMorgan arranged a $50 million Galaxy Digital bond issued on Solana, with institutional investors settling the transaction in USDC.
New York Launches USDC Basic Income Pilot Using Coinbase Stablecoins
New York is testing USDC payments as basic income, giving 160 residents $12,000 in stablecoins through a Coinbase-backed pilot.
Coinbase Launches Regulated Token Sale Platform with First Offering from Monad
Coinbase launches a regulated token sale platform debuting with Monad (MON), opening early-stage crypto access to U.S. retail investors.
Revolut Lets Users Swap U.S. Dollars for Stablecoins at 1:1 Rate
Fintech firm Revolut is offering U.S. dollar customers the option to swap fiat into major stablecoins at a one-to-one rate, signalling deeper integration of digital assets in everyday finance.
Visa to Support Four Stablecoins Across Four Blockchains
Payments giant Visa announced it will begin supporting four different stablecoins operating on four unique blockchains, expanding its crypto-asset infrastructure amid growing institutional demand.