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  2. USD Coin - Wikipedia

    en.wikipedia.org/wiki/USD_Coin

    USD Coin (USDC) is a cryptocurrency stablecoin pegged to the United States dollar. With $41 billion in assets under management, [ 1 ] USDC is issued by Circle and is distinct from a central bank digital currency (CBDC).

  3. Who Benefits From Binance Converting USDC to Its Own ... - AOL

    www.aol.com/news/benefits-binance-converting...

    On Monday, Binance, the largest global crypto exchange by volume, announced it is killing access to three stablecoins that compete with its own dollar vehicle, Binance USD (BUSD). Binance said it ...

  4. Binance - Wikipedia

    en.wikipedia.org/wiki/Binance

    Binance Holdings Ltd., branded Binance, is a global [9] company that operates the largest cryptocurrency exchange in terms of daily trading volume of cryptocurrencies. Binance was founded in 2017 by Changpeng Zhao, a developer who had previously created high-frequency trading software. Binance was initially based in China, then moved to Japan ...

  5. Circle Reveals FTX Exposure, Says USDC Conversions on Binance ...

    www.aol.com/news/circle-reveals-ftx-exposure...

    USDC issuer Circle cited FTX's collapse and Binance auto-conversions of USDC to BUSD for "materially lower" projections in an SEC filing.

  6. Circle (company) - Wikipedia

    en.wikipedia.org/wiki/Circle_(company)

    Visa also announced it was expanding a pilot program that uses USDC on the Solana blockchain to help pay some merchants in cryptocurrency. [40] In January 2024, the company filed a confidential S-1 with the Securities and Exchange Commission. [41] The following month, Circle announced it would stop supporting USDC token on the Tron network. [42 ...

  7. Binance resumes USDC withdrawals after temporary halt as FTX ...

    www.aol.com/binance-resumes-usdc-withdrawals...

    After a temporary halt, Binance has resumed customer withdrawals for the stablecoin, USDC. That halt came as Binance saw a massive wave of withdrawals. The CEO is trying to calm jittery customers.

  8. Decentralized finance - Wikipedia

    en.wikipedia.org/wiki/Decentralized_finance

    Decentralized finance (often stylized as DeFi) provides financial instruments and services through smart contracts on a programmable, permissionless blockchain.This approach reduces the need for intermediaries such as brokerages, exchanges, or banks. [1]

  9. Largest crypto exchange Binance fined $4 billion, CEO pleads ...

    www.aol.com/news/us-reaches-over-4-billion...

    The U.S. government dealt a massive blow to Binance, the world’s largest cryptocurrency exchange, which agreed to pay a roughly $4 billion settlement Tuesday as its founder and CEO Changpeng ...

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