USDC Is Coming to Solana Blockchain in Potential Boost for Non-Ethereum DeFi

The Coinbase- and Circle-backed CENTRE Consortium announced support for its USDC stablecoin on the Solana blockchain Wednesday, marking the dollar-backed asset’s fourth blockchain integration, after Ethereum, Algorand and Stellar, announced barely a week ago.  Compared to Ethereum’s approximate rate of 15 transactions per second (TPS), Solana offers over 50,000 TPS, which Circle CEO Jeremy Allaire […]

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Stellar to Add Support for USDC Stablecoin, Opening Up Dollar-Backed Remittances

USDC is being added to its third blockchain: Stellar. Announced Thursday during the Stellar Development Foundation’s quarterly review call, the addition of the dollar-backed stablecoin seeks to bolster Stellar’s standing as a cross-border payments network. “We are focused on creating equitable access to the financial system by building a global network that delivers services to […]

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CoinDesk Joins IMF, CFTC, Swiss FINMA at DC Fintech Week

CoinDesk is partnering with DC Fintech Week, one of the world’s premier policy and regulation-focused digital currency conferences, to produce a special edition of CoinDesk Live.  The virtual event, which runs Oct. 19-22, brings together marquee names from Switzerland’s FINMA, Sweden’s Riksbank, the Bank for International Settlements, the Commodity Futures Trading Commission and the International […]

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CorionX Looks to Solve Stablecoin Roadblocks with New Partnership

The Corion Foundation, a Swiss company laser-focused on encouraging the world-wide adoption of stable coins, decentralized finance (DeFi), and central bank digital currencies (CBDCs), has just formed a strategic partnership with the Syscoin Foundation — the official body that represents Syscoin: a highly-scalable platform that makes interoperability between Ethereum and other blockchains accessible to anyone. […]

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