Zeitgeist Ushers New Era for Prediction Markets with Landmark USDC Integration
Zeitgeist ushers in a new era for prediction markets with its integration of USDC stablecoin.
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Top 5 Casino Tokens and Cryptocurrencies in Australia
Every day, we learn more and more about how cryptocurrencies work. However, this technology advances so much and has so many aspects that it takes time to keep up the pace. You may have noticed by now that people use different terms to talk about cryptocurrencies, with some referring to them as tokens. Other commonly used terms are coins or altcoins, but do they represent the same thing?
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What is Stablecoin and How Does it Work? Understanding the Basics
Stablecoins are a type of cryptocurrency that attempt to address one of the biggest challenges of traditional cryptocurrencies: volatility. Unlike other cryptocurrencies, which are known for their wild price fluctuations, stablecoins aim to maintain a stable value by pegging their price to an external reference, such as a fiat currency or a commodity like gold.
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USDC Issuer Circle Rolls Out Support for Apple Pay
Key takeaways: USDC stablecoin issuer Circle has launched support for Apple Pay Apple Pay integration makes it easier for crypto-native businesses to accept payment from customers that don’t use crypto USDC is the second-largest stablecoin in the industry, controlling more than a $44 billion market share Apple Pay integration makes it easier for businesses to…
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Circle Reveals USD Coin is Coming to Arbitrum, NEAR, Optimism, and Polkadot ‘by the End of 2022’
Circle, the company behind USD Coin, the second largest market cap stablecoin in the industry, has announced a massive expansion is in the works in the coming months. According to the company’s official statement, USDC will go live on Arbitrum, NEAR, Optimism, and Polkadot by the end of this year. In addition, support for the interoperability-focused Cosmos chain is planned for early next year.
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Binance to Convert USDC, USDP, and TUSD Stablecoin Balances to BUSD (Binance USD)
Binance has announced a somewhat radical change to the way it handles certain stablecoins on its platform – starting on September 29, the exchange will begin “auto-converting” USD Coin (USDC), Pax Dollar (USDP), and True USD (TUSD) to Binance USD (BUSD) at a 1:1 ratio.
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Bybit Levels Up Trading Tools With New Actant Partnership
Bybit recently announced a partnership with Actant, a trading solutions service, to provide top-tier trading tools for professional traders.
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Celsius Continues Paying Off Its Debts, Sends 20M USDC to DeFi Protocol Aave
Celsius (CEL), a struggling cryptocurrency lending platform, has paid off 20 million USDC debt to decentralized finance (DeFi) protocol Aave (AAVE). Recall that Celsius paused withdrawals last month to protect itself from potential bankruptcy stemming from the broader cryptocurrency downturn and the drastic increase in user withdrawals.
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New York Community Bank Will Custody Circle’s USDC Reserves
Circle, the issuer of the second largest market cap stablecoin USD Coin (USDC), announced on Tuesday that it is partnering with New York Community Bancorp (NYCB). As a part of the deal, the New York-headquartered financial firm will become a custodian of USDC cash reserves and collaborate with Circle to promote low-cost payments services for “unbanked communities”.
