Crypto.com enables withdrawals of USDC for users worldwide
Support for withdrawals comes shortly after Crypto.com launched support for USDC deposits, thanks to a new partnership with USDC issuer Circle. The digital asset exchange platform Crypto.com has now enabled withdrawals of USD Coin (USDC), meaning that users can withdraw the stablecoin and receive U.S. dollars at a one-to-one ratio directly to their bank account.The announcement comes just over a month after the platform launched support for USDC deposits, following a new partnership with the stablecoin’s issuer, Circle. The partnership enabled Crypto.com users to transfer fiat currency....
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Crypto.com and Circle's partnership enabled U.S. dollar deposits and receiving USDC for users in more than 30 countries. Digital asset exchange platform Crypto.com opened a new U.S. dollar fiat on-ramp thanks to a new partnership with global payment provider Circle, according to a June 28 announcement.The partnership between Crypto.com and Circle enables users in over 30 countries to deposit dollars from their bank account and receive USD Coin (USDC), a popular dollar-pegged stablecoin at a 1:1 ratio. Crypto.com’s trading platform has over 50 pairs with USDC, which means that they will be....
Revolut has rolled out its Beta launch of Bitcoin withdrawals to U.K.-based Metal customers, who will be allowed to withdraw 500 to 1000 pounds a month in its initial stages. Europe’s leading financial app Revolut has finally enabled Bitcoin withdrawals four years after it first provided crypto trading services to some users, and a year after it extended trading to all 7 million users worldwide.Revolut first added Bitcoin, Litecoin, and Ethereum trading for premium users back in 2017, however they have only been able to withdraw it as fiat until now. The financial tech firm announced today....
Real-world crypto payments are taking another step forward as SUI and USDC go live on RedotPay’s platform. With this integration, users can now go beyond holding digital assets to actually using them in real-world transactions, directly through RedotPay’s app and crypto card system. This integration brings together the speed and scalability of Sui with the stability of USDC, creating a more practical payment experience for everyday spending. How Crypto Cards Bridge Digital Assets And Retail Payments Hong Kong-based RedotPay, a stablecoin-focused payments platform with over 7 million users,....
USDC, the second leading stablecoin by market cap, has been launched on the Avalanche blockchain as a native token. Previously, users wanting to get USDC in Avalanche had to bridge it via Ethereum. Now, Circle, the issuer of usd coin (USDC), will allow users to mint the tokens directly on Avalanche’s C-Chain, saving on fees and eliminating the need for bridges to wrap this token.
Native USDC Support on Avalanche
Circle, the issuer of USDC, has announced the launch of its stablecoin on the Avalanche network. Circle expects this development to create new opportunities and....
Circle just dropped big news. The company behind USD Coin ($USDC) is teaming up with Mastercard and Finastra to plug stablecoins into global payments. That means merchants, banks, and even your corner shop in Europe or the Middle East might soon settle transactions in $USDC and $EURC (Euro Coin). No more waiting days for international […]