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Circle, the issuer of the popular USD-backed stablecoin USDC, has announced a strategic partnership with Onafriq, Africa’s largest payments gateway, to pilot stablecoin-based settlements across the continent. This collaboration aims to significantly reduce the high costs and inefficiencies associated with cross-border payments in Africa.
Currently, more than 80% of intra-African transactions rely on correspondent banks located outside the continent, with settlements made in foreign currencies such as the US dollar or euro. This outdated system results in an estimated $5 billion in annual fees, creating a substantial financial burden for
What is USDC?
USDC (USD Coin, if you will) is a product of Circle, a "global financial technology firm." Jargon aside, Circle provides a number of financial services, all of which rely on USDC. Those services include payments, institutional investing, and more. USDC is the basic building block of Circle's suite of products. It's a stablecoin built on the Ethereum blockchain and backed 1:1 with the US dollar - hence the name.
Stablecoins are exactly what they sound like - digital currencies whose prices are stable. Of course, that raises a couple of questions: stable to what, exactly? and of course my favorite, why? ISN'T BTC's PRICE JUMP ENOUGH FOR YOU?!?!?
Ok, sorry, I'll calm down. But I’m not exactly wrong - stablecoins are an attempt to remove some of crypto’s inherent volatility, creating something that’s more stable and therefore a more predictable financial instrument. And what’s one way to create a stable crypto coin? Tie it to a real-world asset that’s also fairly stable. That’s where the USD comes in. USDC is backed by the dollar. One USDC = one USD.
We should note - backing one currency with another is absolutely nothing new. In fact, most fiat currencies started out this way. The gold standard in the American banking system meant that, in theory, every paper dollar circulating in the US was at one point backed by a dollar's worth of gold.
Circle, the issuer of the popular USD-backed stablecoin USDC, has announced a strategic partnership with Onafriq, Africa’s largest payments gateway, to pilot stablecoin-based settlements across the continent. This collaboration aims to significantly reduce the high costs and inefficiencies associated with cross-border payments in Africa.
Currently, more than 80% of intra-African transactions rely on correspondent banks located outside the continent, with settlements made in foreign currencies such as the US dollar or euro. This outdated system results in an estimated $5 billion in annual fees, creating a substantial financial burden for
What is USDC?
USDC (USD Coin, if you will) is a product of Circle, a "global financial technology firm." Jargon aside, Circle provides a number of financial services, all of which rely on USDC. Those services include payments, institutional investing, and more. USDC is the basic building block of Circle's suite of products. It's a stablecoin built on the Ethereum blockchain and backed 1:1 with the US dollar - hence the name.
Stablecoins are exactly what they sound like - digital currencies whose prices are stable. Of course, that raises a couple of questions: stable to what, exactly? and of course my favorite, why? ISN'T BTC's PRICE JUMP ENOUGH FOR YOU?!?!?
Ok, sorry, I'll calm down. But I’m not exactly wrong - stablecoins are an attempt to remove some of crypto’s inherent volatility, creating something that’s more stable and therefore a more predictable financial instrument. And what’s one way to create a stable crypto coin? Tie it to a real-world asset that’s also fairly stable. That’s where the USD comes in. USDC is backed by the dollar. One USDC = one USD.
We should note - backing one currency with another is absolutely nothing new. In fact, most fiat currencies started out this way. The gold standard in the American banking system meant that, in theory, every paper dollar circulating in the US was at one point backed by a dollar's worth of gold.
$USDC
#StablecoinPayments refers to using stablecoins—a type of cryptocurrency pegged to stable assets like the US Dollar—for making payments. This hashtag is often used in discussions about:
Fast, low-cost transactions across borders
Avoiding volatility of regular cryptocurrencies like Bitcoin or Ethereum
Use in decentralized finance (DeFi), remittances, or e-commerce
Privacy and control compared to traditional banking
Popular stablecoins: USDT (Tether), USDC, DAI, BUSD
Would you like to explore how stablecoin payments work, or how to accept them yourself?
#usdc
#StablecoinPayments refers to using stablecoins—a type of cryptocurrency pegged to stable assets like the US Dollar—for making payments. This hashtag is often used in discussions about:
Fast, low-cost transactions across borders
Avoiding volatility of regular cryptocurrencies like Bitcoin or Ethereum
Use in decentralized finance (DeFi), remittances, or e-commerce
Privacy and control compared to traditional banking
Popular stablecoins: USDT (Tether), USDC, DAI, BUSD
Would you like to explore how stablecoin payments work, or how to accept them yourself?
#usdc
#usdc
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Experience seamless trading with the new BNB/USDC pair — combining the power of Binance Coin with the stability of USDC.
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According to PANews, MicroStrategy founder Michael Saylor has shared new insights regarding Bitcoin Tracker updates. Saylor remarked, "I don't think this reflects what I got done
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Worldcoin (WLD) Price Rally: USDC Fuels Global Transfers – Key Analysis
Worldcoin has announced its intention to incorporate Circle's USDC and CCTP V2, with the goal of enhancing global transfers within the network.
The price of $WLD has surged. Sam Altman’s Worldcoin has once again captured significant attention with its latest plans to integrate Circle’s USDC to improve global transfer capabilities.
An official statement from the World team this Friday disclosed that USDC and Cross Chain Transfer Protocol (CCTP) V2 will soon be accessible on the AI-driven network.
This development follows a recent milestone in the U.S., where World ID was introduced in six major cities.
Consequently, participants in the cryptocurrency market are closely monitoring $WLD , the native cryptocurrency of the blockchain, as recent initiatives foster optimism regarding future price trends.
Worldcoin Integrates Circle’s USDC: Details
On May 2, an official announcement from Worldcoin revealed that Circle's $USDC and CCTP V2 will soon be accessible on World Chain.
Although users can currently utilize bridged USDC on the network, plans are underway to enable the direct issuance of the digital dollar.
The extensive user base of the World Network, spanning from Buenos Aires to Busan, has been utilizing bridged USDC through 'Mini Apps' for remittances without incurring high transfer fees.
With the integration of Circle's stablecoin into the network, all existing bridged USDC on World Chain will be converted to native USDC, ensuring that users receive coins fully backed by liquid cash and cash-equivalent assets.
Additionally, the CCTP V2 upgrade will facilitate more efficient and cost-effective cross-chain transfers, enhancing the overall user experience and attracting greater market interest.
Concurrently, Worldcoin has introduced its World ID in the U.S., drawing further attention within the industry.
#WorldCoin. #USDC #CryptoNewss #MarketSentimentToday #Market_Update
Worldcoin has announced its intention to incorporate Circle's USDC and CCTP V2, with the goal of enhancing global transfers within the network.
The price of $WLD has surged. Sam Altman’s Worldcoin has once again captured significant attention with its latest plans to integrate Circle’s USDC to improve global transfer capabilities.
An official statement from the World team this Friday disclosed that USDC and Cross Chain Transfer Protocol (CCTP) V2 will soon be accessible on the AI-driven network.
This development follows a recent milestone in the U.S., where World ID was introduced in six major cities.
Consequently, participants in the cryptocurrency market are closely monitoring $WLD , the native cryptocurrency of the blockchain, as recent initiatives foster optimism regarding future price trends.
Worldcoin Integrates Circle’s USDC: Details
On May 2, an official announcement from Worldcoin revealed that Circle's $USDC and CCTP V2 will soon be accessible on World Chain.
Although users can currently utilize bridged USDC on the network, plans are underway to enable the direct issuance of the digital dollar.
The extensive user base of the World Network, spanning from Buenos Aires to Busan, has been utilizing bridged USDC through 'Mini Apps' for remittances without incurring high transfer fees.
With the integration of Circle's stablecoin into the network, all existing bridged USDC on World Chain will be converted to native USDC, ensuring that users receive coins fully backed by liquid cash and cash-equivalent assets.
Additionally, the CCTP V2 upgrade will facilitate more efficient and cost-effective cross-chain transfers, enhancing the overall user experience and attracting greater market interest.
Concurrently, Worldcoin has introduced its World ID in the U.S., drawing further attention within the industry.
#WorldCoin. #USDC #CryptoNewss #MarketSentimentToday #Market_Update
🚨 BREAKING: Ripple Makes Bold Move!
Ripple CEO Brad Garlinghouse has reportedly offered $20 BILLION to acquire Circle, the issuer of $USDC .
Sources say the deal is nearing finalization. If completed, this would be one of the largest acquisitions in crypto history.
What this means:
Ripple could evolve into a full-fledged digital bank
USDC becomes a powerful asset under Ripple’s umbrella
$XRP may gain further dominance as a bridge currency in global finance
This move could reshape the stablecoin landscape—and the future of cross-border payments.
Buckle up. The Ripple era might just be beginning.
#XRP #Ripple #USDC #CryptoNews
Ripple CEO Brad Garlinghouse has reportedly offered $20 BILLION to acquire Circle, the issuer of $USDC .
Sources say the deal is nearing finalization. If completed, this would be one of the largest acquisitions in crypto history.
What this means:
Ripple could evolve into a full-fledged digital bank
USDC becomes a powerful asset under Ripple’s umbrella
$XRP may gain further dominance as a bridge currency in global finance
This move could reshape the stablecoin landscape—and the future of cross-border payments.
Buckle up. The Ripple era might just be beginning.
#XRP #Ripple #USDC #CryptoNews
Jean-Phil:
Ah, I was still on the offer of 5 billion refused
$10 Billion Deal Not Crazy": XRP Lawyer Weighs In on Ripple-Circle Acquisition Rumors
$10 Billion Deal Not Crazy": $XRP Lawyer Weighs In on Ripple-Circle Acquisition Rumors
The rumors surrounding Ripple's potential acquisition of Circle, the company behind $USDC
, have taken another turn. $XRP advocate John Deaton shared his insights on the situation, highlighting the complexity of the deal.
The Deal's Evolution
Initial reports suggested a $5 billion offer from Ripple, but sources close to the talks indicate that the offer may have increased to $20 billion. Circle's IPO plans add to the complexity, with a targeted valuation of $4-5 billion.
Circle's Valuation
Deaton noted that Circle's rejected initial bid might be due to the company's higher valuation expectations, especially after going public. The company aimed for a $9 billion valuation in 2022 through a SPAC deal that didn't close.
Regulatory Landscape
The shifting US regulatory tone and growing political support for crypto might lead Circle to bet on a higher valuation. Ripple's interest in acquiring Circle could give them a significant foothold in the stablecoin market.
Stablecoin Market Potential
Projections suggest the global stablecoin market could reach $2.8 trillion in value within the next five years. With crypto regulation easing, stablecoins are becoming increasingly attractive.
Ripple's Long Game
The acquisition rumors demonstrate Ripple's strategic thinking and Circle's awareness of its value. As the regulatory landscape evolves, Ripple's move could be a calculated step towards expanding its presence in the stablecoin market.
The rumors surrounding Ripple's potential acquisition of Circle, the company behind $USDC
, have taken another turn. $XRP advocate John Deaton shared his insights on the situation, highlighting the complexity of the deal.
The Deal's Evolution
Initial reports suggested a $5 billion offer from Ripple, but sources close to the talks indicate that the offer may have increased to $20 billion. Circle's IPO plans add to the complexity, with a targeted valuation of $4-5 billion.
Circle's Valuation
Deaton noted that Circle's rejected initial bid might be due to the company's higher valuation expectations, especially after going public. The company aimed for a $9 billion valuation in 2022 through a SPAC deal that didn't close.
Regulatory Landscape
The shifting US regulatory tone and growing political support for crypto might lead Circle to bet on a higher valuation. Ripple's interest in acquiring Circle could give them a significant foothold in the stablecoin market.
Stablecoin Market Potential
Projections suggest the global stablecoin market could reach $2.8 trillion in value within the next five years. With crypto regulation easing, stablecoins are becoming increasingly attractive.
Ripple's Long Game
The acquisition rumors demonstrate Ripple's strategic thinking and Circle's awareness of its value. As the regulatory landscape evolves, Ripple's move could be a calculated step towards expanding its presence in the stablecoin market.
Loraine Stezzi yxGj:
Let’s hope for the best
*$10 Billion Deal Not Crazy": XRP Lawyer Weighs In on Ripple-Circle Acquisition Rumors*
The rumors surrounding Ripple's potential acquisition of Circle, the company behind $USDC , have taken another turn. $XRP advocate John Deaton shared his insights on the situation, highlighting the complexity of the deal.
*The Deal's Evolution*
Initial reports suggested a $5 billion offer from Ripple, but sources close to the talks indicate that the offer may have increased to $20 billion. Circle's IPO plans add to the complexity, with a targeted valuation of $4-5 billion.
*Circle's Valuation*
Deaton noted that Circle's rejected initial bid might be due to the company's higher valuation expectations, especially after going public. The company aimed for a $9 billion valuation in 2022 through a SPAC deal that didn't close.
*Regulatory Landscape*
The shifting US regulatory tone and growing political support for crypto might lead Circle to bet on a higher valuation. Ripple's interest in acquiring Circle could give them a significant foothold in the stablecoin market.
*Stablecoin Market Potential*
Projections suggest the global stablecoin market could reach $2.8 trillion in value within the next five years. With crypto regulation easing, stablecoins are becoming increasingly attractive.
*Ripple's Long Game*
The acquisition rumors demonstrate Ripple's strategic thinking and Circle's awareness of its value. As the regulatory landscape evolves, Ripple's move could be a calculated step towards expanding its presence in the stablecoin market.
#SEC #xrp #USDT #USDC
The rumors surrounding Ripple's potential acquisition of Circle, the company behind $USDC , have taken another turn. $XRP advocate John Deaton shared his insights on the situation, highlighting the complexity of the deal.
*The Deal's Evolution*
Initial reports suggested a $5 billion offer from Ripple, but sources close to the talks indicate that the offer may have increased to $20 billion. Circle's IPO plans add to the complexity, with a targeted valuation of $4-5 billion.
*Circle's Valuation*
Deaton noted that Circle's rejected initial bid might be due to the company's higher valuation expectations, especially after going public. The company aimed for a $9 billion valuation in 2022 through a SPAC deal that didn't close.
*Regulatory Landscape*
The shifting US regulatory tone and growing political support for crypto might lead Circle to bet on a higher valuation. Ripple's interest in acquiring Circle could give them a significant foothold in the stablecoin market.
*Stablecoin Market Potential*
Projections suggest the global stablecoin market could reach $2.8 trillion in value within the next five years. With crypto regulation easing, stablecoins are becoming increasingly attractive.
*Ripple's Long Game*
The acquisition rumors demonstrate Ripple's strategic thinking and Circle's awareness of its value. As the regulatory landscape evolves, Ripple's move could be a calculated step towards expanding its presence in the stablecoin market.
#SEC #xrp #USDT #USDC
BNB/USDT
⚡*Breaking News!*💥
USDC Treasury Destroys 150 Million Tokens on Ethereum!
According to Whale Alert, the USDC Treasury has burned 150 million USDC tokens on the Ethereum blockchain. This significant event could impact the stablecoin market and potentially influence the broader cryptocurrency landscape.
*What does this mean?*
Token burns can affect supply and demand dynamics, potentially leading to price fluctuations. Stay tuned for further updates and analysis on this developing story!
*#USDC #TokenBurn #Ethereum #StablecoinMarketCap #CryptoNews🔒📰🚫
USDC Treasury Destroys 150 Million Tokens on Ethereum!
According to Whale Alert, the USDC Treasury has burned 150 million USDC tokens on the Ethereum blockchain. This significant event could impact the stablecoin market and potentially influence the broader cryptocurrency landscape.
*What does this mean?*
Token burns can affect supply and demand dynamics, potentially leading to price fluctuations. Stay tuned for further updates and analysis on this developing story!
*#USDC #TokenBurn #Ethereum #StablecoinMarketCap #CryptoNews🔒📰🚫
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Binance Earn Monthly Leaderboard: Earn Up to 3,600 #USDC in Rewards on Dual Investment
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Abbas111555:
east or west crypto us the best.
I Got My Ramadan Crypto Reward! 🎉🕌💰
This time I received:
0.235 ICP, 5 MANTA, and 5 USDC!
Earlier?
0.000238 $BTC (~23 USDT)
7.4 EOS and many more…
Ramadan blessings just keep flowing — and so does that Binance love!
I’m excited for what’s next!
Did you claim yours yet? 🥰
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$ETH $XRP
This time I received:
0.235 ICP, 5 MANTA, and 5 USDC!
Earlier?
0.000238 $BTC (~23 USDT)
7.4 EOS and many more…
Ramadan blessings just keep flowing — and so does that Binance love!
I’m excited for what’s next!
Did you claim yours yet? 🥰
Drop your BEST reward from Binance in the comments! Let’s see who got lucky this season!
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Sam0410:
how to get this
How I Made My First Crypto Earnings on Binance Square (And You Can Too)
Last week, I earned 0.10 USDC through Binance Square's Write to Earn program — and while it's a small amount, it's a big step for me in building consistent crypto income.
Here’s what worked for me:
I posted regularly about my crypto learning journey.
I shared simple market updates and beginner-friendly tips.
I engaged with the community and replied to comments.
If you're already spending time in crypto, why not earn from sharing what you know or learn?
Tips for New Writers:
1. Start with short posts about what you're learning.
2. Use visuals like screenshots or charts.
3. Be honest and helpful — people appreciate real experiences.
Let’s grow together! If you're also writing to earn, drop your profile below — I’d love to connect and support.
#crypto #BinanceSquareFamily #writetoearn #PassiveIncome. #USDC
Last week, I earned 0.10 USDC through Binance Square's Write to Earn program — and while it's a small amount, it's a big step for me in building consistent crypto income.
Here’s what worked for me:
I posted regularly about my crypto learning journey.
I shared simple market updates and beginner-friendly tips.
I engaged with the community and replied to comments.
If you're already spending time in crypto, why not earn from sharing what you know or learn?
Tips for New Writers:
1. Start with short posts about what you're learning.
2. Use visuals like screenshots or charts.
3. Be honest and helpful — people appreciate real experiences.
Let’s grow together! If you're also writing to earn, drop your profile below — I’d love to connect and support.
#crypto #BinanceSquareFamily #writetoearn #PassiveIncome. #USDC
How to Get Free USDC in a Hurry on Binance
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#Binance #crypto #USDC #tradingtips #StablecoinPayments $USDC $PEPE
✍️ 1. Write2Earn Program – Share Your Knowledge and Earn
Binance's Write2Earn program pays you for creating cryptocurrency-related quality content.
How to Join:
Sign Up: 👇Register on Binance and verify your account.
Join Binance Square: 👇
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2. Learn & Earn – Earn while you Learn
Binance's Learn & Earn program allows you to earn free cryptocurrencies through learning.
How to Help:
Go Learn & Earn: 👇Navigate to Learn & Earn from Binance.Short Courses: 👇Take short courses on various crypto topics.Pass Quizzes: 👇Practice your knowledge with quizzes.Earn Crypto: 👇Get free USDC upon successful completion.
A great way to learn and earn simultaneously!
3. Stay Current with Binance Deals
Binance often grants users airdrops and bonuses that reward them with free digital currency.
How to Join:
Keep Yourself Up-to-Date via Official Channel:👇 Follow official announcements and social media by Binance.
Join Events: 👇Engage in activities and accomplish missions to earn rewards.Claim Airdrops: 👇Receive free USDC credited directly to your account.
Be active and do not miss these chances!
Pro Tips to Maximize Your Earnings
Be Consistent: 👇
Always create and share valuable content. Join the Chat Rooms: Talk to other members to make yourself more visible. Stay Tuned: Stay up to date with the latest crypto news and Binance updates.
Start leveraging these opportunities today and watch your USDC balance grow! 💰
This is Right time to Buy? Buy $USDC Right Now!
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