Circle and Coinbase Collaborate to Transform USDC Stablecoin Governance
Circle CEO Jeremy Allaire and Coinbase CEO Brian Armstrong have issued a joint statement to change the USDC stablecoin governance scheme. As part of the new agreement, Coinbase is acquiring a stake in Circle, which in turn will take over the issuance and management of USDC. The Center consorti ...
DigitalX and TAF Capital Exchange eAUD for USDC via Canvas Blockchain Infrastructure
Blockchain infrastructure provider Canvas announced that cryptocurrency fund managers DigitalX and TAF Capital have successfully exchanged the digital Australian dollar (eAUD) for the USDC stabelcoin. eAUD was launched by the Reserve Bank of Australia (RBA) together with ...
Circle CEO Dante Disparte Predicts Breakthrough in Cryptocurrency Legislation
Circle CEO Dante Disparte believes so He said the market needs a Dodd-Frank Act analogue Circle Chief Compliance and CSO Dante Disparte has high hopes for this year. He is confident that we are in for a "breakthrough time" in legislation. And countries will be ...
Circle Reduces USDC Stablecoin Supply by $2.1 Billion
Circle, the issuer of the USDC stablecoin, has announced a reduction in the number of USDC in circulation. In the past week, Circle issued 500 million USDC while withdrawing 2.6 billion USDC from circulation, resulting in a $2.1 billion reduction in supply. As of March 17, there were still $34 ...