Circle, issuer of the world’s second-largest stablecoin USDC, has announced plans to be 100% backed by cash and short-term U.S. Treasuries by September. The company’s most recent attestation showed USDC’s US$22.2 billion supply was …
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Mastercard to partner with USDC to pilot cryptocurrency payments
According to a company press release, Mastercard announced a pilot program in partnership with Circle USDC stablecoin and others to allow cardholders to pay cryptocurrency merchants wherever Mastercard is accepted. …
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Visa begins settlements for USDC stablecoins payments on the Ethereum blockchain
Payments giant Visa has announced it is now settling payments in the USDC stablecoin on the Ethereum blockchain, becoming the first major payments network to use a stablecoin as a settlement currency. …
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