What- Vishal Gupta, Coinbase’s Head of Exchange, exits the platform Why- Gupta’s departure comes amid legal and regulatory scrutiny at Coinbase What Next- The Head
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USDC to Launch on Cosmos
Circle’s partnership with cryptocurrency start-up Noble will bring the USDC natively to the Cosmos ecosystem. Continue reading on Block Magnates »
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Tether supply hits $80B for the first time since May 2022 — Stablecoin rivals stumble
The supply of USDT across cryptocurrency exchanges has dropped 28% in 2023, hinting at an overall decline in demand for stablecoins.
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Stress test? What Biden’s bank bailout means for stablecoins
A major stablecoin depegging event raised concerns about the stability of these assets amid a U.S. banking crisis. The result may have been an improvement
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USDC Market Cap Dips By $10 Billion In 2 Weeks – Here’s Why
USDC has struggled to recover from the negative fallout a few weeks ago after Silicon Valley Bank’s (SVB) collapse. Investors have continued to withdraw their
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Circle prefers reserves and payment rails with the Fed, says exec
Circle’s APAC Vice President said that the company currently holds 80% of its reserves but would ultimately like to keep all cash with the Fed,
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