Global #USDC

Kast is making waves in the crypto world with the launch of its new global on-ramp service, allowing users to convert their dollars into USDC, a popular stablecoin, through the SWIFT banking network.

Off-ramping cryptocurrency to local currencies can often be a cumbersome process, but Decaf is changing that landscape. Active since 2022, Decaf has enabled users in Latin America and Africa to easily convert their $USDC into local currencies.

The cryptocurrency landscape is witnessing a period of cautious behavior, particularly with the stablecoin USDC trading just below its peg of $1. Despite this fluctuation, USDC's daily trading volume remains robust, exceeding $8 billion, and its market capitalization has stabilized around $35.5 billion.

Circle, the issuer of the USDC stablecoin, has announced an ambitious expansion into Australia, partnering with venture capitalist Mark Carnegie’s MHC Digital Group.

Tether (USDT) is making significant strides in the stablecoin market during the current cycle, solidifying its status as the leading stablecoin.

In a significant strategic shift, Circle, the issuer of the popular stablecoin USDC, has announced the relocation of its headquarters from Boston to New York City.