July 14, 2024
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Tag: USDC

Coinbase boosts USDC interest rates amid SEC scrutiny and declining supply

Coinbase boosts USDC interest rates amid SEC scrutiny and declining supply By Investing.com – Canada Boosts

Shiwali Sharma04 mins

© Reuters NEW YORK – Coinbase (NASDAQ:), a distinguished cryptocurrency alternate, has elevated its USDC curiosity providing from an preliminary 2% to a formidable 6% APY for balances as much as $250,000. For quantities exceeding this restrict, the APY is barely lowered to five%. This transfer locations Coinbase on the forefront of aggressive curiosity choices,…

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USDC launches on Sei as Circle announces strategic investment in the layer-1 blockchain

USDC launches on Sei as Circle announces strategic investment in the layer-1 blockchain – Canada Boosts

Shiwali Sharma05 mins

Sei, the layer-1 blockchain that launched in August, introduced a strategic funding from Circle, the issuer of the USD Coin, in addition to the native integration of the favored stablecoin onto its blockchain. Stablecoins stay an integral a part of the plumbing for blockchains, permitting customers to have a dollar-equivalent crypto token that operates throughout…

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