Cryptocurrency Market

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  • Market Cap: $2,413,047,061,358.80
  • 24h Vol: $57,303,102,141.79
  • BTC Dominance: 56.47%

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usdc-dominated-trading-volume-on-decentralized-exchanges-amidst-depegging-incident

USDC Dominated Trading Volume on Decentralized Exchanges Amidst Depegging Incident

Leave a Comment / Auto-Conversion, Binance, Bitcoin, BitPay, Coinbase, coingecko.com, Crypto, Crypto Hacked, Crypto.com, Cryptocurrency, Curve, DAI, decentralized exchange, depegging, DEX, Ethereum, FRAX, Global Trade Volume, GUSD, Kraken, KuCoin, Market Updates, MIM, Pancakeswap, Pancakeswap v2, Payment processor, Stablecoin, Stableswap, Tether, trading, uniswap, uniswap v3, US Dollar, USDC, wrapped ether / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On Saturday, several centralized crypto trading platforms and payment processors stopped USDC auto conversions. However, USDC experienced a significant trading volume on decentralized exchange (dex) platforms such as Uniswap, Curve, and Pancakeswap. Uniswap alone recorded $10.13 billion in trades over the past day, with more than 55% of those swaps involving USDC against wrapped ether, […]

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report-claims-visa-and-mastercard-plan-to-pause-new-partnerships,-visa’s-head-of-crypto-insists-‘story-is-inaccurate’

Report Claims Visa and Mastercard Plan to Pause New Partnerships, Visa’s Head of Crypto Insists ‘Story Is Inaccurate’

Leave a Comment / Abra, american express, bankruptcies, Bitcoin, Blockchain, Blockfi, Celsius, collapse, Crypto Hacked, crypto sector, Cryptocurrency, Cuy Sheffield, debit cards, efficient systems, Ethereum, Financial Services, ftx, head of crypto at Visa, high-profile collapses, Lending services, mainstream payments, MasterCard, News, pain points, partnership, partnerships, Payment processor, payment services, Reuters, reward points, Spokesperson, strategic priority, Technology, underlying technology, VISA, Wirex / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

According to a recent report from sources familiar with the matter, Mastercard and Visa, the credit card and payment services giants, are halting new partnerships with cryptocurrency firms. This news comes after the collapse of several cryptocurrency ventures that offered crypto debit cards and failed due to financial difficulties last year. After the report published,

Report Claims Visa and Mastercard Plan to Pause New Partnerships, Visa’s Head of Crypto Insists ‘Story Is Inaccurate’ Read More »