Unified Balance Kit simplifies USDC across chains with instant transfers via Circle Gateway SDK
The cryptocurrency exchange KuCoin has introduced KuCard to the Australian market, allowing users to make purchases using USDC through Mastercard‘s extensive payment infrastructure. This development represents a meaningful advancement in practical cryptocurrency utilization, removing barriers between digital currencies and traditional commerce.
The adult platform's stablecoin switch signals a broader shift toward regulated crypto payment solutions.
Hacks no longer just weaken DeFi, but they are already reshaping the stablecoin market balance. In just a few days, a series of major attacks triggered a massive shift of capital towards assets perceived as the safest.
Singapore-based fintech firm Nium has partnered with Coinbase to bring USDC-powered cross-border payments to its global network.
Nium selects Coinbase to integrate USDC payments, enabling stablecoin funding and fiat payouts across 190 countries.
Nium integrates Coinbase's infrastructure to enable USDC-based cross-border payments, allowing businesses to settle in fiat or stablecoins without relying on prefunded accounts.
Tangem announced the launch of Tangem Pay, its retail payment service that allows users to spend USDC directly from their self-custody wallets at any merchant that accepts Visa. The feature, available today in the United States, Latin America and selected Asia-Pacific countries, uses virtual Visa cards that can be integrated with Apple Pay and Google Pay.
Circle's stock slid on Thursday in a move traders tied to rising legal uncertainty around stablecoin issuers, even as the company pressed ahead with new infrastructure aimed at expanding the USDC (USDC) ecosystem. Shares of Circle closed Thursday at $105.91, down 1.44% on the day, after touching an intraday low of $102.70.
Circle launched the USDC Bridge this week, giving users a direct, Circle-operated interface to move native USDC across supported blockchains without wrapped tokens, liquidity pools, or manual route selection. Key Takeaways: Circle launched the USDC Bridge this week, enabling native 1:1 cross-chain USDC transfers via CCTP.
On Friday, Circle rolled out USDC Bridge, a straightforward cross-chain transfer solution constructed on its established Cross-Chain Transfer Protocol (CCTP). The initiative aims to streamline and demystify the process of transferring USDC across different blockchain networks for regular users.
Launch and Technology: Circle introduces USDC Bridge based on CCTP to move native assets 1:1 through a direct burn-and-mint process. Costs and Transparency: Fees are visible from the start; for example, sending 20 dollars from Ethereum to Optimism costs just 0.20 USD.