$103,555.00
-0.50%$2,422.14
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-0.43%$635.26
-1.46%$140.33
-1.58%$0.99979
-0.00%$0.273012
-0.05%$0.160392
-2.13%$2,419.27
-2.74%$0.576082
-0.59%$103,499.00
-0.56%$33.09
-4.64%$2,923.02
-2.52%$473.98
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-3.90%$12.52
-2.19%$8.92
0.37%$0.241795
-1.30%$17.11
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-0.02%$48.97
-0.39%$0.00001116
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-2.68%$2,591.64
-2.62%$82.92
-0.24%$1.00
0.01%$0.143056
-1.45%$311.44
0.18%$1.00
-0.01%$3.41
-1.02%$4.29
-0.59%$103,619.00
-0.35%$6.83
-8.92%$0.00000969
-1.95%$0.534161
-0.92%$243.84
-3.87%$1.18
0.03%$50.74
-3.97%$331.34
-2.55%$1.00
0.00%$4.36
0.55%$0.087134
-2.80%$4.86
-1.88%$1.056
0.02%$169.92
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-2.53%$0.7254
-2.39%$28.46
-1.02%$0.999472
-0.05%$0.624606
-0.90%$16.74
1.02%$4.44
-0.53%$9.06
-2.55%$0.02069045
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-2.18%$3.87
-1.87%$103,219.00
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0.03%$0.1661
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0.07%$0.853666
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14.66%$1.17
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0.02%$2,756.21
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-0.62%$0.868009
-4.66%$3,392.95
0.17%$0.272692
-6.68%$635.11
-1.49%$103,338.00
-0.54%$3,377.74
0.11%$2,550.04
-2.58%$104,745.00
0.42%$2.73
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0.01%$0.079327
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-3.19%$0.562487
0.78%$0.719971
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0.03%$0.01095472
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1.57%$0.644126
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0.02%$30.67
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-3.54%$0.329957
-2.50%$103,605.00
-0.78%$2,581.80
-3.03%$2,506.16
-4.11%$2,420.30
-2.57%$0.998009
-0.01%$0.01434021
6.70%$0.605502
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0.33%$0.060829
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-0.01%$47.31
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0.04%$0.999937
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0.48%$0.996873
-0.38%$32.88
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-6.48%$2,417.85
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-2.33%$2,575.04
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1.98%$2,669.03
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-8.87%$0.03346778
2.85%$0.00382621
-3.86%$0.03409066
-1.96%$5.03
-3.49%$1.058
-7.14%$104,806.00
1.61%$103,386.00
-0.55%$2,654.24
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-5.05%$19.32
-0.50%$0.315277
-2.02%$0.125465
-3.78%$0.999753
-0.03%$0.999022
0.01%$2,421.21
-2.64%$0.998526
-0.11%$0.00005681
-0.06%$0.999708
-0.01%$152.69
-1.57%$0.00000077
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-8.15%$0.71352
-1.12%$0.00000145
-2.95%$0.447685
-2.06%$2,421.26
-2.57%$0.00340512
-3.20%$1.054
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0.06%$0.598082
-1.28%$0.67116
2.06%$17.15
-2.40%$0.18299
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-3.14%$2,080.46
-0.39%$100,388.00
1.17%$0.262857
-4.42%$0.562065
-2.79%$0.505867
3.46%$101,409.00
-0.26%$0.178312
-2.68%$5.92
-2.29%$0.01587363
-4.20%$14.36
0.02%$0.999667
0.01%$19.32
-1.82%Reading
CryptoCrypto startup Circle today introduced new business accounts that gives companies access to tools based on its stablecoinstablecoin, the US Dollar Coin (USDC).
USDC was initially launched in collaboration with leading US-based crypto exchange Coinbase as a way to boost crypto trading and investing. Now, Circle is encouraging businesses to build on top of its stablecoin through new APIs (application program interfaces) available on Circle Business Accounts.
According to Circle CEO Jeremy Allaire, businesses previously looking to engage in the crypto space have experienced several hurdles, from high gas fees to banking connectivity. The company aims to make things easier with its APIs:
1/ Today Circle (@circlepay) announced the initial rollout of a new wave of services that aim to usher in much broader everyday business adoption of programmable digital money, built on USDC and Circle’s platform services and new Circle APIs: https://t.co/8eioBfnsDV
— Jeremy Allaire (@jerallaire) March 10, 2020
“Our goal with Circle Business Accounts and Circle APIs is to simplify things so that a company can setup and begin using an account with the same ease that they might open a business bank account,” Allaire wrote in a blog post. “Companies should be able to easily upload their dollars to the internet, convert them into digital currency dollars and start storing and using stablecoins for everyday payments.”
The stablecoin USD Coin (USDC), jointly launched by cryptocurrency firms Coinbase and Circle, has originated more than $50 million in loans across platforms, according to Loan Scan—a website that tracks loans made using cryptocurrencies. USDC accounts for 9 percent out of the $520 billion overall loans borrowed in cryptocurrencies at three decentralized finance (DeFi) platforms—Compound, dharma, and dYdX. With shares of 77 percent and 12 percent, respectively, of the market for crypto loans, Ma...
Developers will now have access to three new APIs: Payments API, which allows clients to connect existing payment rails directly to USDC; Wallets API, which enables customers to manage and store their stablecoins and make payments; and a Marketplaces API, which extends these services to e-commerce platforms and other online marketplaces.
It might be good timing, too (despite the current state of the market). Circle’s popularity within the digital community appears to be growing. Last year, the company originated more than $50 million in USDC-based loans. This was equal to about nine percent of the $520 billion in total loans issued in cryptocurrencies.
Circle’s USDC currently has a market cap of around $450 million. According to its website, more than $1.60 billion in USDC has been issued since it first debuted, while upwards of $1.20 billion has been redeemed.
Rektguy didn’t mint out its free NFTs on the Ethereum blockchain in 2022—but three years later, the brand has become incredibly familiar with the phrase “sold out,” with the Rekt Drinks brand clearing out successive drops and reaching more and more consumers along the way. The brand, which weathered a brutal crypto bear market thanks in part to the strength of its fervent community, has now sold more than 600,000 cans of Rekt Drinks, a non-alcoholic, flavored sparkling water that comes in a vari...
Two top Wall Street analysts are confident many top altcoins ETFs will imminently be approved for trading—so confident, they’ve now estimated the likelihood of such spot approvals coming before the end of the year at almost 100%. Solana, XRP, and Litecoin spot ETFs are near-locks at 95% odds of approval from the U.S. Securities and Exchange Commission by the end of 2025, the analysts, Eric Balchunas and James Seyffart of Bloomberg, wrote Friday. Dogecoin, Cardano, Polkadot, Hedera, and Avalan...
Bitcoin holding company Nakamoto Holdings, the firm founded by crypto media entrepreneur David Bailey, has raked in an additional $51.5 million to establish a Bitcoin treasury—a corporate strategy that has become increasingly popular among public companies. The funds were raised in a private-investment-in-public-equity deal closed on Friday by Nakamoto's merger partner KindlyMD, according to KindlyMD's statement. The healthcare data firm sold its common stock at $5 per share in the raise. "Ad...
