News with the tag "USD Coin"

MetaMask has launched a rewards program offering a 2.4% fixed APR on USDC borrowing and lending through Aave on Linea, leveraging ZK proofs for transparency and security.

China is considering the development of yuan-backed stablecoins to challenge the dominance of US dollar-backed stablecoins, while maintaining strict financial regulations and focusing on enterprise use with limited licenses initially.

Circle and OKX have partnered to offer zero-fee, 1:1 conversions between USDC and USD within the OKX platform, enhancing accessibility and liquidity for stablecoin users.