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(Reuters) -Coinbase Global on Thursday posted its first quarterly profit since 2021 on sturdy trading volumes due to a resurgence of interest in crypto, sending its shares up nearly 13% after the ...
For example, Coinbase offered a 4.7 percent reward to users who held USDC on the platform in November 2024. 6 largest stablecoins in the world. Here are the six largest stablecoins by market cap size.
John Todaro, vice president at investment and asset management firm Needham & Co., discusses whether USDC could become the “de facto” CBDC for the U.S. and why crypto exchange Coinbase could ...
USDC regained its dollar peg four days later. [13] In August 2023, Circle and Coinbase dissolved the Centre Consortium, the entity responsible for managing USDC since 2018. This decision granted Circle full governance over USDC. [14] In February 2024, Circle discontinued USDC on the TRON blockchain following a risk management review. Although ...
In late 2023, Coinbase took an equity stake in the company which also announced that USDC will be available on six additional blockchains. [27] Visa also announced it was expanding a pilot program that uses USDC on the Solana blockchain to help pay some merchants in cryptocurrency. [40]
By early 2023, DCG had over 160 companies in its portfolio, of which it had acquired 28. Subsidiaries included the crypto exchange Luno, and the firm Foundry for crypto mining. It was also an investor in Coinbase and Kraken, the firm Circle behind the stablecoin USDC, and the analytics companies Chainalysis, Dune Analytics, Elliptic, and ...
An updated agreement between the crypto giants creates a new era for USDC. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. Sign in ...
Shares of cryptocurrency company Coinbase Global (NASDAQ: COIN) jumped 42.8% in 2024, according to data provided by S&P Global Market Intelligence. The obvious catalyst for Coinbase were the big ...