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Circle targets APAC’s 74% USD trade invoicing for digital dollar growth

  Circle, the USDC stablecoin provider, appears to be targeting the 74% of Asia Pacific (APAC) trade invoicing processed in US dollars between 1999 and 2019, as per FED estimates. In a recent blog post, Circle’s executives underscored the potential role of the digital dollar, specifically USDC, in the APAC financial landscape, given the persistent […]

SHIB2.0 Joins the Latest Memecoin Trend: Exploring the Impact

Posted on July 4, 2023, 12:00 am by Nantha kumar 3 mins read Altcoin News SHIB2.0 has recently taken the spotlight with its remarkable surge in value. The trading price of the memecoin has experienced a surge of 60.84%. The crypto market has continued to evolve with the arrival of new memecoins. Those memecoins have […]

Tesla Second Quarter Deliveries Up 83% — 8% Ahead Of Estimates

Tesla reported expectations-beating deliveries in its second quarter. The implications of this result for investors depend on how Tesla achieved those deliveries. If Tesla — 3.5% of its shares are sold short, according to the Wall Street Journal –accomplished the result by cutting prices, revenues and profit margins could fall short of investors’ expectations. If […]

FedNow Payment System’s Early Adopter List Excludes Blockchain Firms

Posted on July 2, 2023, 8:30 pm by Ashfaq 2 mins read Bitcoin News The new service will enable instant transactions between U.S. banks. The launch of FedNow is planned for this month of July. On June 29th, the Federal Reserve announced the certified “early adopters” for FedNow, the planned instant payment system. When the […]