CoinsAQ summary · neutral
Injective USDC becomes canonical USDC standard across Cosmos ecosystem including dYdX
What happened
With Noble stepping away from USDC issuance, Injective fills the vacuum using Circle's CCTP, and the ripple effects reach all the way to ATOM buybacks. Injective has launched native USDC on its mainnet via Circle’s Cross-Chain Transfer Protocol (CCTP), and the Cosmos ecosystem.
Related asset context
Not financial advice. News and sentiment can be incomplete, delayed, or change quickly.
Continue researching
Related stories
FBI confirms North Korea's role in $6 billion Binance hack, asks DeFi community to block BTC, ETH, SOL addresses
FBI confirms North Korea's role in $6 billion Binance hack, asks DeFi community to block BTC, ETH, SOL addresses While the FBI listed hundreds of addresses in its notice, Chainalysis said the Binance attackers have already used "thousands addresses," and expects this.
US Sanctions Two Russians Over North Korean IT Workers’ Crypto Cash-Outs
The US action targets the cash-out stage of a scheme that the UN estimates generates $250 million to $600 million annually for North Korea.
Tether Posts $1.5B Q3 Profit as Reserve Buffer Nearly Doubles to $8B
The stablecoin giant also ended September with more than $190 billion in assets backing its flagship asset.