Where It All Started.

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Tag: usdc

Ethereum Whales Load Up Altcoins

According to whale-surveying site WhaleStats, the top 1,000 ETH whales are buying millions of dollars worth of metaverse tokens, stablecoins, and ETH-based altcoins. The ETH whale with the 79th highest net worth received a whopping 144,842,922 CHZ tokens worth $45.7 million. The 104th-ranked ETH whale spent $1.05 million on 399,999 MATIC.

Here is the full list of the altcoins where whales allocated their portfolio.

  • USD Coin (USDC)
  • Chiliz (CHZ)
  • Tether (USDT)
  • Polygon (MATIC)
  • Axie Infinity (AXS)
  • Decentraland (MANA)
  • Synthetix (SNX)
  • yearn.finance (YFI)
  • Sandbox (SAND)
  • Woo Network (WOO)

Payroll Solutions Company Deel Integrates Stablecoin USDC And Solana (SOL)

Deel, a fintech company that specializes in payroll, has added two additional coins to its crypto portfolio. Contractors can now get their payments in USDC or Solana, the proof-of-stake blockchain’s native asset. Salary payments in bitcoin, ether, and XRP were previously supported on the site. In October, Deel secured $425 million in a Series D funding round.

Contractors will need a coinbase account in order to take advantage of the new functionality. Deel, according to their statements that cryptocurrencies offers a faster way for people to get paid with lower processing fees.

Deel’s clients include the likes of Coinbase, BlockFi, and Rarible.