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Binance will stop supporting USDC stablecoin on the TRON network
According to representatives of the exchange, the new rules will not affect transfers to USDC in other networks. Clients will be able to withdraw funds or exchange them for other cryptocurrencies. After April 5, USDC deposits made through the TRON network will no longer be credited.
Circle previously announced that it would stop issuing USDC on the TRON blockchain starting in February 2024. This step is aimed at ensuring the reliability and transparency of the asset. Institutional clients of the Circle Mint program will be able to withdraw stablecoins to another network until February 2025.
Some other exchanges have also introduced restrictions on USDC deposits and withdrawals into TRON. In particular, the Kraken platform allows stablecoins to be deposited through this network, but not withdrawn.
According to the DeFiLlama portal, the majority of USDC stablecoins are located on the Ethereum network - 81.98%. TRON ranks fifth with a share of 1.17%.
DeFiLlama previously reported that the amount of funds from Binance users has increased since the beginning of the year by more than $40 billion and reached $115 billion.
#USDC #TRON #TRX #USDC: #HotTrends
According to representatives of the exchange, the new rules will not affect transfers to USDC in other networks. Clients will be able to withdraw funds or exchange them for other cryptocurrencies. After April 5, USDC deposits made through the TRON network will no longer be credited.
Circle previously announced that it would stop issuing USDC on the TRON blockchain starting in February 2024. This step is aimed at ensuring the reliability and transparency of the asset. Institutional clients of the Circle Mint program will be able to withdraw stablecoins to another network until February 2025.
Some other exchanges have also introduced restrictions on USDC deposits and withdrawals into TRON. In particular, the Kraken platform allows stablecoins to be deposited through this network, but not withdrawn.
According to the DeFiLlama portal, the majority of USDC stablecoins are located on the Ethereum network - 81.98%. TRON ranks fifth with a share of 1.17%.
DeFiLlama previously reported that the amount of funds from Binance users has increased since the beginning of the year by more than $40 billion and reached $115 billion.
#USDC #TRON #TRX #USDC: #HotTrends
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USD Coin will host an AMA on Zoom on April 2
On April 2, Circle will host a Q&A session via Zoom to discuss the current state of the USDC economy. The discussion will focus on the future of money, especially as it relates to the USDC economy and the evolving financial landscape.
You can find more detailed information in the official USDC tweet
#USDC #USDCoin #USDC: #news #CryptoNews
On April 2, Circle will host a Q&A session via Zoom to discuss the current state of the USDC economy. The discussion will focus on the future of money, especially as it relates to the USDC economy and the evolving financial landscape.
You can find more detailed information in the official USDC tweet
#USDC #USDCoin #USDC: #news #CryptoNews
Breaking News! 🚨🚨🚨🚨
Coinbase to delist USDT in EU by Dec 30, 2024, due to non-compliance with EU's Markets in Crypto-Assets Regulation 📜. USDT doesn't meet requirements, prompting conversion to compliant stablecoins 💸.
Details:
🔶Reason: Non-compliance with MiCA 🔶Alternative: Conversion to compliant stablecoins like USDC 💰
🔶Impact: Other platforms already limiting non-compliant stablecoins 🔒
#USDC: #Debate2024 #spotsignal #apCryptoCalls
$BTC
Coinbase to delist USDT in EU by Dec 30, 2024, due to non-compliance with EU's Markets in Crypto-Assets Regulation 📜. USDT doesn't meet requirements, prompting conversion to compliant stablecoins 💸.
Details:
🔶Reason: Non-compliance with MiCA 🔶Alternative: Conversion to compliant stablecoins like USDC 💰
🔶Impact: Other platforms already limiting non-compliant stablecoins 🔒
#USDC: #Debate2024 #spotsignal #apCryptoCalls
$BTC
$USDC
#tonecoin #MemeCoinTrending #BinanceLabsInvestsLombard #USDC: Tons are going to be a particular losses and also usdc has grown up it's cypto rating...#USStockEarningsSeason
#tonecoin #MemeCoinTrending #BinanceLabsInvestsLombard #USDC: Tons are going to be a particular losses and also usdc has grown up it's cypto rating...#USStockEarningsSeason
Blackrock Transfers 250,000 USDC To Ondo Finance
AI Summary
According to Odaily, Arkham monitoring revealed that approximately three hours ago, Blackrock's BUIDL Fund transferred 250,000 USDC to Ondo Finance. Ondo Finance had previously announced a proposal in collaboration with Blackrock and Securitize to introduce Ondo's short-term U.S. Treasury OUSG to Sky's (formerly MakerDAO) Spark tokenization competition. The OUSG aims to provide returns consistent with short-term U.S. Treasuries, with an asset management scale of approximately $229 million.
#USDC:
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
According to Odaily, Arkham monitoring revealed that approximately three hours ago, Blackrock's BUIDL Fund transferred 250,000 USDC to Ondo Finance. Ondo Finance had previously announced a proposal in collaboration with Blackrock and Securitize to introduce Ondo's short-term U.S. Treasury OUSG to Sky's (formerly MakerDAO) Spark tokenization competition. The OUSG aims to provide returns consistent with short-term U.S. Treasuries, with an asset management scale of approximately $229 million.
#USDC:
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
Stablecoins:
The Rise of Fiat-Pegged Cryptocurrencies*
Stablecoins have gained traction:
Types: Fiat-collateralized, commodity-collateralized, and hybrid
Uses: Trading, lending, and payments
Benefits include:
Reduced volatility
Improved liquidity
Increased adoption
Stablecoins' growth will impact financial markets and cryptocurrency trading.
#Stablecoins #usdt #USDC: #ADA.智能策略库🥇🥇 $USDC $ADA $XRP
The Rise of Fiat-Pegged Cryptocurrencies*
Stablecoins have gained traction:
Types: Fiat-collateralized, commodity-collateralized, and hybrid
Uses: Trading, lending, and payments
Benefits include:
Reduced volatility
Improved liquidity
Increased adoption
Stablecoins' growth will impact financial markets and cryptocurrency trading.
#Stablecoins #usdt #USDC: #ADA.智能策略库🥇🥇 $USDC $ADA $XRP
Binance Announces Major Delisting! 🚨
🚨 Binance Announces Major Delisting! 🚨
Heads up, crypto holders! Binance is set to delist several coins by October 28, 2024. If you're holding any of the following tokens, make sure to take action before they disappear:
Tornado Cash (TORN) 🌪️
Vai (VAI) 💵
OMG Network (OMG) 🌐
Waves (WAVES) 🌊
NEM (XEM) 🌀
BarnBridge (BOND) 🏗️
Dock (DOCK) 🛳️
Mdex (MDX) 🔄
Polkastarter (POLS) 🚀
Pundi X PURSE (PURSE) 💼
After the deadline, these assets will be converted into USDC, so be sure to withdraw your holdings before the cutoff! ⏳ Don't miss out on managing your portfolio during this critical time. 📊💰
#Binance #crypto #delisting #USDC: #cryptonews
#tradingbtc
Heads up, crypto holders! Binance is set to delist several coins by October 28, 2024. If you're holding any of the following tokens, make sure to take action before they disappear:
Tornado Cash (TORN) 🌪️
Vai (VAI) 💵
OMG Network (OMG) 🌐
Waves (WAVES) 🌊
NEM (XEM) 🌀
BarnBridge (BOND) 🏗️
Dock (DOCK) 🛳️
Mdex (MDX) 🔄
Polkastarter (POLS) 🚀
Pundi X PURSE (PURSE) 💼
After the deadline, these assets will be converted into USDC, so be sure to withdraw your holdings before the cutoff! ⏳ Don't miss out on managing your portfolio during this critical time. 📊💰
#Binance #crypto #delisting #USDC: #cryptonews
#tradingbtc
