Centre, the consortium created by Circle and Coinbase around USD coin (USDC), has assembled a team of new executives to power its expansion overseas. The
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USDC to consolidate reserves into cash and US treasuries
Coinbase president Emilie Choi expects USDC’s updated reserves policy to be in full effect by September.
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Crypto.com uses Circle API to launch USD bank transfers in over 60 countries
Institutional Crypto.com customers in more than 60 countries can now make U.S. dollar bank transfers to and from their USDC wallets.
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Bitcoin bulls at risk? Tether growth rate flatlines despite market cap crossing $64B
The market capitalization of the world’s largest stablecoin received a boost despite facing regulatory threats in the United States.
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Coinbase removes ‘backed by US dollars’ claim for USDC stablecoin
The Coinbase website now states that USD Coin is “backed by fully reserved assets,” contrary to the now-removed claim of “backed by U.S. dollars in
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Circle Intends to Become a Full-Reserve National Commercial Bank
Circle, a cryptocurrency fintech services company, announced it intends to become a full-reserve national commercial bank. This would bring a set of responsibilities and duties
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