Daily Archives: 15/12/2021

Circle launched stablecoin USDC on the Avalanche blockchain

Circle announced the launch of USDC stablecoin on the Avalanche blockchain. This will help attract decentralized finance project developers to Avalanche. The integration took place on the Avalanche mainnet with support for smart contracts (C-Chain). With this, users will be able to directly issue and send USDC to Avalanche, rather than using the bridge from Ethereum, which will help avoid additional fees. “Physical fiat currency is increasingly becoming a relic of the past. And with…

NYDIG raised $ 1 billion in the next round of financing

12/15/2021 Author Sergey Klachek The New York Digital Investments Group (NYDIG) raised $ 1 billion in another round of funding, after which the firm’s capitalization reached $ 7 billion. WestCap became the leader of the round. Also involved in fundraising were Bessemer Venture Partners and FinTech Collective, which led the previous NYDIG funding round, as well as Affirm, FIS, Fiserv, MassMutual, Morgan Stanley, and New York Life. NYDIG announced that the funds will be used…