Circle’s new USDC ambassador? DJ Khaled
Circle has posted a promo photo of DJ Khaled via its USDC X account, despite the musician’s previous charges for shilling 2018’s Centra ICO.
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Circle has posted a promo photo of DJ Khaled via its USDC X account, despite the musician’s previous charges for shilling 2018’s Centra ICO.
Read more (2 min) →Prosecutors in Wisconsin and New York are upset with stablecoin giant Circle after it repeatedly hindered attempts to recover stolen funds.
— Circle, Stablecoin
A number of South Korean firms, including Samsung, reportedly haven't agreed partner with stablecoin newcomer Open USD.
OUSD, which borrows heavily from Hyperliquid’s USDH playbook, is a new stablecoin that a consortium of more than 140 companies will operate.
USDT and USDC are still competing for dominance of the USD stablecoin market, both showing a willingness to get close to Trump.
Tether has pledged up to $127.5M to help Drift “support user recovery and relaunch the Drift platform” after a $285M hack.
Drift Protocol was hacked for roughly $280M yesterday after a likely social engineering scheme breached its multisig approvals.
Liquity's April Fools' bit that joked it was being bought by the stablecoin giant Circle led to allegations of “market manipulation.”
Of a total of $17 million stolen from victim addresses, $3 million in USDC is yet to be frozen by issuer Circle.
Any US bank or fintech company that receives USDC instead of dollars will need to file timestamped records of every transaction.