$119,021.00
-2.26%$4,315.70
0.89%$3.15
-3.25%$809.80
-0.63%$175.87
-4.08%$0.999759
0.00%$4,309.58
1.03%$0.225092
-4.29%$0.346601
1.66%$0.781834
-4.05%$5,212.50
0.70%$118,970.00
-2.19%$21.48
-2.62%$43.36
-6.78%$4,633.44
0.64%$0.436917
-2.90%$3.68
-5.07%$4,625.35
0.84%$591.32
2.79%$4,317.12
0.90%$0.248043
-5.63%$1.001
0.03%$23.10
-4.70%$119.57
-3.64%$3.40
0.68%$9.01
-1.33%$0.999514
0.05%$0.00001304
-4.15%$1.00
-0.14%$11.20
1.44%$45.16
-1.46%$119,056.00
-2.20%$3.91
-3.74%$0.167273
-2.72%$0.78745
-5.11%$1.19
-0.04%$4.40
-1.50%$0.00001134
-6.40%$257.95
-6.18%$297.92
-2.73%$364.21
-6.07%$1.032
-0.52%$22.43
-3.14%$2.63
-5.11%$0.992012
-3.66%$4.60
-3.06%$0.383496
-6.09%$5.42
-3.87%$46.10
-1.20%$215.10
-4.05%$4,318.72
0.72%$1.00
0.00%$0.089586
-4.65%$0.443076
-3.85%$0.03576468
-11.29%$0.256144
-7.07%$1.00
-0.05%$0.237256
-2.81%$0.02453425
-2.76%$4.52
-3.04%$4,902.99
0.76%$4.58
-0.08%$16.39
-3.00%$3.77
-4.68%$4,528.42
1.10%$0.00002459
-10.56%$1.063
0.02%$0.993311
-7.60%$0.697001
-4.84%$187.47
-4.37%$0.084293
-3.15%$5.11
-1.49%$0.308111
-4.57%$8.88
-3.86%$2.49
-4.41%$1.79
-6.29%$5.61
-16.70%$4,539.58
0.78%$118,967.00
-2.44%$110.81
-2.47%$0.02201374
-2.60%$4,681.27
1.89%$4,602.27
1.02%$0.500044
-4.81%$11.89
-0.52%$0.99973
0.04%$0.088119
-2.69%$0.02966764
-6.34%$0.999732
0.01%$13.75
-5.19%$1.34
-1.67%$1.50
1.05%$0.756928
-3.49%$4,549.60
1.01%$0.999431
0.40%$0.72008
-7.49%$1.73
-6.84%$0.92222
-9.31%$0.999729
-0.03%$0.00355984
3.18%$3,354.40
0.21%$0.999748
0.00%$119,024.00
-1.83%$43.40
-6.85%$810.01
-0.90%$0.565598
-3.60%$198.51
-4.33%$0.00010944
-7.36%$0.999332
0.01%$0.195519
-5.33%$0.380548
-2.38%$1.00
-0.16%$0.094036
-5.63%$1.11
-8.04%$118,984.00
-1.91%$0.301571
-3.96%$4,311.24
0.92%$3,349.09
-0.20%$2.75
-3.05%$1.12
0.02%$28.18
-3.80%$0.915291
-7.87%$117,938.00
-3.06%$5.44
0.28%$4,414.67
-2.05%$1.32
-7.88%$0.816319
-6.49%$0.541371
0.80%$0.146323
-2.93%$0.853646
-17.76%$0.84431
-3.03%$3.10
-6.05%$231.20
-4.10%$0.0168553
0.90%$0.200873
-5.12%$0.01697636
-3.80%$0.45873
0.00%$4,317.54
0.80%$4,301.29
0.74%$4,606.12
0.82%$112.14
0.02%$0.121258
-4.66%$119,029.00
-2.05%$0.284291
-4.09%$0.214607
2.82%$1.084
0.28%$0.997406
-0.03%$0.00000068
-1.44%$4,595.11
1.02%$2.08
-2.42%$0.660419
0.07%$1.78
-6.66%$0.999179
-0.01%$4,748.33
0.58%$4,317.09
0.80%$37.25
-5.07%$1.46
-3.09%$0.369891
-4.83%$0.00816244
-0.35%$29.20
-0.31%$119,001.00
-2.16%$0.225365
-4.48%$0.997557
-0.01%$0.404019
-3.74%$0.00613055
-1.72%$0.293724
-4.31%$4,631.05
-1.13%$117,038.00
-1.70%$0.054792
-8.49%$0.00000139
-6.51%$2.90
-5.24%$0.00911453
-4.71%$0.473608
-7.68%$0.072393
0.73%$4,264.60
0.31%$0.999605
-0.03%$4,314.22
0.85%$1.19
-5.79%$0.129561
-5.06%$0.641092
-1.53%$0.998293
0.06%$0.615505
-2.20%$7.42
-5.09%$1.38
-4.92%$0.479907
-7.04%$0.00000115
-4.76%$51.20
-5.93%$0.01366705
-3.62%$0.00000047
-0.17%$0.75274
-5.11%$6.96
-1.75%$0.377122
-4.80%$0.00515137
3.20%$1.16
-0.01%$6.26
-3.76%$14.87
-0.75%$5,227.72
1.06%$1.003
0.51%$15.18
-5.00%$1.36
-4.49%$7.53
-4.48%$0.02246104
1.62%$0.00002137
-2.91%$0.999798
-0.02%$1.096
0.01%$5.14
3.37%$0.377773
-2.81%$0.056559
-3.65%$0.00792392
-5.63%$1.001
0.33%$0.04151997
-3.13%$10.78
0.01%$0.9997
-0.00%$0.084462
-4.23%$2.39
-4.61%$0.0342572
-6.51%$118,920.00
-2.45%$0.558919
-1.74%$0.852541
7.45%$0.119381
-12.38%$193.29
-4.25%$0.150912
-5.47%$4,535.09
0.36%$23.09
-4.69%$22.64
0.39%$0.264957
-3.51%$0.137602
-3.04%$28.13
-4.63%$43.37
-6.50%$0.538057
0.30%$118,687.00
-2.24%$4,853.56
0.92%$4.31
-7.96%$133.32
-2.11%$0.341351
-6.51%$4,320.56
0.56%$1.23
-4.95%$118,859.00
-2.22%$0.54831
-3.82%$0.161812
-7.61%$0.237094
-2.90%$0.999414
0.00%$0.03370367
-1.28%$0.715454
6.09%$0.00331336
-9.18%$0.00006019
-3.39%$0.00440008
-3.25%$1.64
14.00%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.
Stripe, a private financial technology firm valued at $91.5 billion, is reportedly developing a payments-focused Layer 1 blockchain called Tempo with Paradigm, a crypto and research-driven venture capital firm. Said to be in stealth, the project was discovered in a product marketing job listing on the Blockchain Association’s careers board that described Tempo as a “high-performance, payments-focused blockchain.” The post was taken down after Fortune reached out to Stripe to confirm its report....
South Korean internet conglomerate Kakao is preparing a Korean won stablecoin through its involvement in the Kaia blockchain, which recently registered related trademarks with the Korean Intellectual Property Office. Kaia, which operates the public blockchain formed from the merger of Klaytn and Finschia, disclosed with Decrypt that it had registered the “KRWGlobal,” “KRWGL,” “KRWKaia,” and “KaKRW” trademarks earlier this month. With Kakao and Kakao Pay serving on its governance council, Kaia is...
SharpLink Gaming is raising a further $400 million to expand its Ethereum treasury, with the firm expecting its total ETH holdings to top $3 billion soon thereafter, the publicly traded firm said Monday in a statement. The online gambling marketer aims to sell its shares for $21.76 each to five global institutional investors, according to the company's press release. The sale is expected to close on Tuesday, August 12, if all closing conditions are met. “The speed and scale of these investments...
