Friday, February 3, 2023
198 Philippines News
No Result
View All Result
  • HOME
  • VIDEOS
  • BUSINESS
  • FEATURED NEWS
    • PHILIPPINES USA TRADE NEWS
    • PHILIPPINES EU NEWS
    • PHILIPPINES CHINA NEWS
    • PHILIPPINES UK NEWS
    • PHILIPPINES BRAZIL NEWS
    • PHILIPPINES THAILAND NEWS
    • PHILIPPINES INDIA NEWS
    • PHILIPPINES GULF NATIONS NEWS
    • PHILIPPINES AFRICA NEWS
    • PHILIPPINES NIGERIA NEWS
    • PHILIPPINES EGYPT NEWS
  • POLITICAL
  • MANUFACTURE
  • TECHNOLOGY
  • CRYPTO
  • MORE NEWS
    • 198TILG ULTIMATE MASSIVE MASS MEDIA CAMPAIGN
    • PHILIPPINES AGRICULTURE NEWS
    • PHILIPPINES VENTURE CAPITAL NEWS
    • PHILIPPINE PARTNESHIPS
    • PHILIPPINES BUSINESS HELP
    • PHILIPPINES SCHOLARSHIP NEWS
    • PHILIPPINES JOINT VENTURE NEWS
    • PHILIPPINES EDUCATION NEWS
    • PHILIPPINES UNIVERSITY NEWS
    • PHILIPPINES IMMIGRATION NEWS
  • ASK IKE LEMUWA
  • CONTACT
  • HOME
  • VIDEOS
  • BUSINESS
  • FEATURED NEWS
    • PHILIPPINES USA TRADE NEWS
    • PHILIPPINES EU NEWS
    • PHILIPPINES CHINA NEWS
    • PHILIPPINES UK NEWS
    • PHILIPPINES BRAZIL NEWS
    • PHILIPPINES THAILAND NEWS
    • PHILIPPINES INDIA NEWS
    • PHILIPPINES GULF NATIONS NEWS
    • PHILIPPINES AFRICA NEWS
    • PHILIPPINES NIGERIA NEWS
    • PHILIPPINES EGYPT NEWS
  • POLITICAL
  • MANUFACTURE
  • TECHNOLOGY
  • CRYPTO
  • MORE NEWS
    • 198TILG ULTIMATE MASSIVE MASS MEDIA CAMPAIGN
    • PHILIPPINES AGRICULTURE NEWS
    • PHILIPPINES VENTURE CAPITAL NEWS
    • PHILIPPINE PARTNESHIPS
    • PHILIPPINES BUSINESS HELP
    • PHILIPPINES SCHOLARSHIP NEWS
    • PHILIPPINES JOINT VENTURE NEWS
    • PHILIPPINES EDUCATION NEWS
    • PHILIPPINES UNIVERSITY NEWS
    • PHILIPPINES IMMIGRATION NEWS
  • ASK IKE LEMUWA
  • CONTACT
198 Philippines News
No Result
View All Result

USD Coin (USDC) Circulating Supply Eclipses $50 Billion

by 198 Philippines News
February 1, 2022
in PHILIPPINES CRYPTO NEWS
0
Home PHILIPPINES CRYPTO NEWS
Share on FacebookShare on Twitter

[ad_1]

You might also like

FMLS22 – The Industry’s Largest Crypto Event This Fall

Security PSA: Search engine phishing | by Coinbase | Jul, 2022

South Korean Prosecutors Raid Home of Terraform Labs Co-Founder – Regulation Bitcoin News

article image

Vladislav Sopov

Second largest stablecoin simply smashed by means of one other jaw-dropping milestone

Contents

  • USDC surpasses $50 billion in market cap
  • Who’s the winner of the “digital forex” house race?

Issued by Circle Inc., USD Coin (USDC) is the second stablecoin by market capitalization. On the similar time, it would surpass USDT ought to its capitalization proceed to develop at that tempo.

USDC surpasses $50 billion in market cap

Mr. Jeremy Allaire, CEO and co-founder of digital currencies heavyweight Circle, has taken to Twitter to share a thread in regards to the newest milestone achieved by his staff and its flagship product, USD Coin (USDC).

50 BILLION USDC (w/ thread beneath) pic.twitter.com/5FEaPmXjup

— Jeremy Allaire (@jerallaire) February 1, 2022

USDC market capitalization (internet USD-denominated worth of all USD Cash in circulation) has surpassed $50 billion. In all, Circle minted greater than 100 billion USD Cash (USDC), Mr. Allaire reported.

As such, USDC has witnessed 10,000% progress in two years. Now, it’s supported by 200 blockchain protocols, 34 exchanges and 223 digital forex wallets globally.

In complete, $2.5 trillion had been transferred betwen 4.7 million crypto accounts of USDC holders.

Who’s the winner of the “digital forex” house race?

As of Q1, 2022, the USDC stablecoin is issued on eight totally different blockchains. Customers in 175 international locations are capable of make the most of USDC in DeFi and retail funds.

Mr. Allaire stresses that such an enormous adoption of USDC is of paramount significance for the dominance of the U.S. Greenback as a world forex within the Web3 period:

When you ever puzzled whether or not the US and US Greenback had been successful the digital forex house race, nicely now you have got the reply.

As coated by U.At the moment earlier right this moment, India goes to launch its official Rupee-pegged CBDC in fiscal 12 months 2022-2023.

Such an announcement was made right this moment, Feb. 1, 2022, by Indian Finance Minister Nirmala Sitharaman.



[ad_2]

Source link

Tags: BillionCirculatingCoinEclipsesSupplyUSDUSDC
Share30Tweet19

Recommended For You

FMLS22 – The Industry’s Largest Crypto Event This Fall

by 198 Philippines News
July 26, 2022
0

Finance Magnates London Summit (FMLS) is celebrating crypto's adoption in finance, each as traded belongings and transformative expertise. As a part of a particular 10-year anniversary version, FMLS...

Read more

Security PSA: Search engine phishing | by Coinbase | Jul, 2022

by 198 Philippines News
July 25, 2022
0

Tl;dr: Search engine phishing exploits the belief we've in search engines like google and the comfort of looking for one thing slightly than remembering the area. The next...

Read more

South Korean Prosecutors Raid Home of Terraform Labs Co-Founder – Regulation Bitcoin News

by 198 Philippines News
July 25, 2022
0

A group of South Korean prosecutors just lately raided the house of Terraform Labs co-founder Shin Hyun-seong. Throughout an earlier raid that focused 15 locations, together with seven...

Read more

NFTs banned in Minecraft, SEC lists 9 tokens as securities and 3AC founder blames cockyness for company meltdown: Hodler’s Digest, July 17-23

by 198 Philippines News
July 23, 2022
0

Coming each Saturday, Hodler’s Digest will assist you observe each single essential information story that occurred this week. One of the best (and worst) quotes, adoption and regulation...

Read more

Bitcoin Whales With 10k+ BTC Have Been Growing

by 198 Philippines News
July 24, 2022
0

On-chain information exhibits the variety of Bitcoin holders with 10k+ BTC have grown not too long ago, an indication of accumulation from whales. Quantity Of Bitcoin Whales Holding...

Read more
Next Post

Anders Behring Breivik, Norwegian Terrorist, Is Denied Parole

How to find elevation on Google Maps

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest

Marcos To Re-examine Nuclear Power

July 26, 2022

Fed not adequately prepared to thwart Chinese info gathering -report

July 26, 2022

Office of Press Secretary recoups to make BBM govt ‘exciting’

July 26, 2022

Wagner Farm Pork Concessions still going strong

July 26, 2022

Executed Myanmar prisoners deserved ‘many death sentences’: junta spokesman

July 26, 2022

FMLS22 – The Industry’s Largest Crypto Event This Fall

July 26, 2022
198 Philippines News

198 Philippines News provides the latest news update when the US is a close ally and has provided military aid to help combat Muslim and communist insurgencies.

198massmedia Group. USA. 3821 Dominion Drive, Dumfries, USA. 22026.

Toll Free 1 888 642 8433.
Contact: info@198philippinesnews.com

LATEST UPDATES

Marcos To Re-examine Nuclear Power

Fed not adequately prepared to thwart Chinese info gathering -report

Office of Press Secretary recoups to make BBM govt ‘exciting’

Wagner Farm Pork Concessions still going strong

Executed Myanmar prisoners deserved ‘many death sentences’: junta spokesman

FMLS22 – The Industry’s Largest Crypto Event This Fall

RECOMMENDED

No Content Available
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - 198 Philippines News.

No Result
View All Result
  • HOME
  • VIDEOS
  • BUSINESS
  • FEATURED NEWS
    • PHILIPPINES USA TRADE NEWS
    • PHILIPPINES EU NEWS
    • PHILIPPINES CHINA NEWS
    • PHILIPPINES UK NEWS
    • PHILIPPINES BRAZIL NEWS
    • PHILIPPINES THAILAND NEWS
    • PHILIPPINES INDIA NEWS
    • PHILIPPINES GULF NATIONS NEWS
    • PHILIPPINES AFRICA NEWS
    • PHILIPPINES NIGERIA NEWS
    • PHILIPPINES EGYPT NEWS
  • POLITICAL
  • MANUFACTURE
  • TECHNOLOGY
  • CRYPTO
  • MORE NEWS
    • 198TILG ULTIMATE MASSIVE MASS MEDIA CAMPAIGN
    • PHILIPPINES AGRICULTURE NEWS
    • PHILIPPINES VENTURE CAPITAL NEWS
    • PHILIPPINE PARTNESHIPS
    • PHILIPPINES BUSINESS HELP
    • PHILIPPINES SCHOLARSHIP NEWS
    • PHILIPPINES JOINT VENTURE NEWS
    • PHILIPPINES EDUCATION NEWS
    • PHILIPPINES UNIVERSITY NEWS
    • PHILIPPINES IMMIGRATION NEWS
  • ASK IKE LEMUWA
  • CONTACT

Copyright © 2022 - 198 Philippines News.