News Explorer — Circle Deploys USDC Stablecoin on OP Mainnet and Base
Circle has expanded the availability of its USDC stablecoin by deploying it on Layer 2 networks OP Mainnet and Base. Businesses can now use on/off-ramps for USDC directly on these networks, bypassing the Ethereum network and potentially encountering lower fees. The native USDC supply on OP Mainnet is just under 25 million, while on Base it is 19.8 million.
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Sep 5, 7:34 am
The Block
Circle Deploys USDC Stablecoin on OP Mainnet and Base
Circle has expanded the availability of its USDC stablecoin by deploying it on Layer 2 networks OP Mainnet and Base. Bus… Read Summary
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Sep 5, 7:12 am
x.com
Visa to Settle Merchant Crypto Payments in USDC Over Solana
Visa has announced the expansion of its stablecoin settlement capabilities to merchant acquirers, with pilots being laun… Read Summary
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Sep 5, 3:13 am
Decrypt
South Korean Banking Giant Partners With BitGo, Opens Doors To Crypto
Hana Financial Group’s KEB Hana Bank has announced a partnership with crypto custodian BitGo, set to launch in late 2024… Read Summary
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Sep 5, 1:18 am
The Block
South Korea’s Hana Bank Partners With BitGo
South Korea’s Hana Bank has partnered with BitGo to develop digital asset custody services, set to launch in the second… Read Summary
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Sep 5, 12:56 am
Blockworks
Australian Senate Committee Opposes Digital Assets Market Regulation Bill
The Australian Senate Economics Legislation Committee has recommended against passing the Digital Assets Market Regulati… Read Summary
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Sep 4, 12:27 pm
Decrypt
Solana Is the ‘Most Loved Altcoin Among investors’, Says CoinShares
While interest in altcoins has declined and investors have been withdrawing from crypto investment products, Solana (SOL… Read Summary
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Sep 4, 11:38 am
Decrypt
Crypto Market Might Look Calm, But It’s ‘Swimming Like Mad’ Beneath the Surface: Analyst
According to CoinShares, institutional investors are evenly split on crypto funds this week, with a meager $11.2 million… Read Summary
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Sep 4, 9:40 am
Cointelegraph
Harvard Legal Scholar Calls for Taxing the Metaverse
Harvard legal scholar Christine Kim’s research paper, “Taxing the Metaverse,” argues that the metaverse should be taxed… Read Summary
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Sep 4, 10:16 am
Decrypt
‘Crypto Can Be the Gateway to Better Financial Literacy’ Say Researchers
Researchers from the University of Connecticut have developed a Crypto Literacy Scale (CLS) to measure individuals’ know… Read Summary
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Sep 4, 8:42 am
Decrypt
Drake-Backed Crypto Casino Stake Loses $40M in ‘Suspicious Transfers’
Popular crypto betting platform Stake has reportedly lost around $40 million in funds due to an exploit. Multiple unusua… Read Summary
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Sep 4, 3:14 am
Cointelegraph
South Korea Plans Bill to Track and Freeze North Korean Crypto Funding Weapons Programs
The government of South Korea is working on a bill that aims to track and freeze North Korean crypto and virtual assets… Read Summary
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Sep 4, 4:24 am
Decrypt
London Stock Exchange Group Plans Blockchain-Powered Digital Markets Business
The London Stock Exchange Group (LSEG) is planning to launch a blockchain-powered digital markets business. LSEG aims to… Read Summary
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Sep 4, 3:22 am
Decrypt
Vitalik Buterin Sells MKR Tokens as MakerDAO Co-Founder Pushes for Solana-based ‘NewChain’
Ethereum co-founder Vitalik Buterin has sold around $580,000 worth of MakerDAO’s MKR tokens after MakerDAO’s CEO advocat… Read Summary
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Sep 4, 2:08 am
Coindesk
U.S. Spot Bitcoin ETF Approval ‘Unlikely to Prove a Game Changer’ for Crypto Market: JPMorgan Report
According to a report by JPMorgan, Grayscale’s recent court victory against the SEC may increase the likelihood of a spo… Read Summary
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The post News Explorer — Circle Deploys USDC Stablecoin on OP Mainnet and Base appeared first on Crypto News Australia.
Filed under: Bitcoin - @ September 5, 2023 3:12 pm