CompoSecure has teamed up with MoneyGram to enhance its Arculus Cold Storage Wallet, enabling users to cash in or withdraw Circle USD Coin (USDC) at over 440,000 MoneyGram locations worldwide. This partnership marks Arculus as the first hardware wallet to offer this unique service, streamlining the process of converting physical cash into digital currency stored ...
Revolut, a financial technology company, has decided not to reimburse a customer who lost $1,500 in crypto assets due to a transfer error. The customer, Tzoni Raykov from Bulgaria, initially sent a small test transfer of $10 in USDC, which was successful. However, when he sent the larger amount using a different network option, it ...
Revolut, a financial technology company, has declined to reimburse a customer who lost $1,500 worth of crypto due to an administrative mistake. Tzoni Raykov, a Bulgarian oil engineer, initially made a successful $10 transfer of USDC to his Revolut account. However, a later attempt to transfer $1,500 using the “Polygon (bridged)” network resulted in the ...
As many cryptocurrencies decline, stablecoins are emerging as a promising investment for 2025. These digital currencies are pegged to the U.S. dollar, ensuring stability and making them a safe option for those wary of Market volatility. The stablecoin industry has grown significantly, indicating strong institutional interest. A key player, Circle Internet Group, is set to ...
As cryptocurrency markets fluctuate, stablecoins are emerging as a solid investment for 2025. These digital dollars, typically pegged to the U.S. dollar, provide stability amid Market volatility. Over the past year, the stablecoin sector has surged 47%, now valued at $200 billion, attracting big names like PayPal and Ripple. Investing in stablecoins can directly yield ...
Thailand’s Securities and Exchange Commission has approved Tether’s USDT and Circle’s USDC stablecoins for trading on regulated exchanges, effective March 16. This move expands Thailand’s list of approved cryptocurrencies, which previously included Bitcoin and Ethereum, reinforcing the acceptance of stablecoins in the country. Tether is committed to complying with local regulations and enhancing its services ...
The Aston Martin Formula One team has announced an expanded partnership with the Saudi mining company Maaden, making it their first principal partner. This collaboration aims to enhance brand visibility through trackside content and digital campaigns, while also focusing on educational initiatives and regional promotion for Saudi Arabia. Additionally, Aston Martin has partnered with Coinbase, ...
Recent data reveals that the stablecoins USDT and USDC have seen a rise in their Market caps, which could suggest a bullish trend for Bitcoin. According to the on-chain analytics firm Santiment, USDC has experienced significant positive growth lately, while USDT has recently reversed a slight decline to show solid growth again. Historically, increases in ...
The Market capitalization of stablecoins has reached a historic $200 billion, indicating potential growth in the cryptocurrency Market, as reported by CryptoQuant. Stablecoins are digital currencies linked to assets like the U.S. dollar, helping traders preserve their investments during asset exchanges. In just a few months, the total Market cap for stablecoins increased by $37 ...
Circle has acquired Hashnote, the issuer of the USYC stablecoin, which is backed by Cumberland Labs. This acquisition enables Circle to integrate USYC with their USDC stablecoin, enhancing its use as yield-bearing collateral in crypto exchanges and with custodians. Circle’s CEO, Jeremy Allaire, emphasized that this move marks a significant step in the stablecoin Market, ...
