$USDC

Latest USDC News

1.Circle Rejects Acquisition Offer from Ripple

Circle, the issuer of USDC, reportedly rejected an acquisition offer worth $4 to $5 billion from Ripple Labs. This rejection reflects Circle's confidence in the long-term prospects of USDC.

2.Circle and Binance Partnership

Circle and Binance have formed a strategic partnership to accelerate the global adoption of USDC and other cryptocurrencies. This collaboration aims to expand the use of USDC across various platforms and regions.

3.Launch of Stablecoin Payment Card by Visa and Baanx

Visa, in collaboration with Baanx, launched a payment card that allows users to spend USDC directly from their crypto wallets. This initiative leverages smart contracts to facilitate stablecoin transactions.

4.Adoption of USDC by Onafriq in Africa

Onafriq, a fintech company in Africa, has adopted USDC as part of its efforts to enhance digital financial services in the region, especially following a fraud incident involving CBEX in Nigeria.