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Showing 1 - 7 of 7 results for "USDC"

MHC Digital partners to launch stablecoin platform

MATTHEW WAI  |  MONDAY, 22 SEP 2025
... (AFSL) and Digital Currency Exchange registration with AUSTRAC. The venture builds on MHC's partnership with Circle, issuer of USDC, to expand institutional access to digital dollars across Australia and APAC. MHC Digital Group founder and chair Mark ...

ASIC loses Block Earner case

KARREN VERGARA  |  WEDNESDAY, 23 APR 2025
... "Deposits into the Block Earner 7% fixed option, automatically convert your Australian dollars into the USD-backed stablecoin (USDC) via our exchange services and these stablecoins are then lent to us. Block Earner delivers risk-adjusted, high returns ...

Carnegie's MHC Digital, Circle target local stablecoin push

ANDREW MCKEAN  |  TUESDAY, 1 OCT 2024
Venture capitalist Mark Carnegie's MHC Digital Group and fintech Circle have teamed up on a plan to ramp up USDC stablecoin distribution in Australia and Asia Pacific, exploring institutional use cases. USDC is a fully reserved stablecoin, with over ...

Kraken expands custody solution to Australia

ELIZA BAVIN  |  FRIDAY, 19 JUL 2024
... UK and Australia so they can continue to engage in the crypto-asset vertical." Kraken Custody currently supports BTC, ETH, USDC (ERC20), with additional asset support expected to come later this year.

ASIC fines fintech for misrepresenting crypto product

CASSANDRA BALDINI  |  WEDNESDAY, 27 SEP 2023
... ASIC said customers deposited AUD into a Bobbob account. The AUD deposits were then exchanged for the crypto-asset USD Coin (USDC), which is said to be a "stablecoin" whose value is pegged to the USD. This USDC was transferred to Bobbob's lending partners ...

Crypto lures executives despite ongoing uncertainty

CASSANDRA BALDINI  |  THURSDAY, 14 JUL 2022
... protocol. Stablecoins also gained some institutional adoption this past week. The EU-regulated payment bank Banking Circle added USDC onto its payment rails, with Coinbase as one of the bank's liquidity providers.

BlackRock backs stablecoin issuer

CHLOE WALKER  |  WEDNESDAY, 13 APR 2022
... investments from BlackRock and Fidelity Management and Research. The global internet finance firm is also the issuer of USD Coin (USDC), one of the fastest growing dollar digital currencies with over US$50 billion in circulation. In addition to its corporate ...
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