Tag: USDC

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Stablecoin wars heat up as USDC and USDT battle for market share

Since the Terra Luna crisis earlier this year, there has been a shake-up in the stablecoin ecosystem.At the time of its collapse, TerraUSD...

Tether Hasn’t Sanctioned Tornado Cash Transfers, Unlike USDC

Tether – the issuer of USDT, the world’s largest stablecoin – is yet to freeze addresses associated with the privacy protocol Tornado Cash. That...

Verify USDC Balance and NFT Meta Data with Proof : ethereum

tldr; In this blog post, I will continue explaining how dynamic sized variables like map and array works. We will also walk through...

USDT supply up almost $2B over 30 days, USDC supply falls after blocking Tornado Cash linked wallets

Tether’s CTO Paolo Ardoino has identified an increase in USDTs market supply over the last 30 days compared to its rival USDC, which...

MakerDAO To Convert USDC Into ETH Ahead Of Ethereum Merge

Recently, Circle suspended USDC tokens belonging to 38 wallet addresses which were blacklisted by the US Treasury Department. These wallets were of Tornado...

MakerDAO founder proposes converting $3.5B USDC reserve to Ethereum

MakerDAO (MKR) founder Rune Christensen has asked DAO members to consider converting its $3.5 billion USDC reserves to Ethereum (ETH) because of the...

USDT, USDC, XRP, ADA, and DOT » CryptoNinjas

Kraken, the popular crypto exchange, has announced the results of its second 2022 Proof of Reserves audit, which has now been expanded beyond...

MakerDAO Co-Founder Proposes Dumping $3.5 Billion USDC Reserves for ETH

MakerDAO co-founder Rune Christensen recently proposed removing all USDC from the DAI stablecoin’s peg-stability module. He suggested that the USDC within, worth $3.5...

MakerDAO plans against sanctions from USDC exposure

Following Circle’s freeze of blacklisted Tornado Cash addresses, MakerDAO is re-assessing the risks associated with its USDC collateral.On August 8, issuers of USDC...

U.S. Treasury Gives Sanctions to USDC and Eth Addresses Linked to Tornado Cash

The protocol was at the heart of recent decentralized finance hacks and exploits, notably the reported theft of $455 million by the North...