The USDC developer revealed last month that only 61% of tokens were backed by "cash and cash equivalents."
As information disclosed by issuers varies, it's not easy for investors to make apple-to-apple comparisons.
The plans would take Circle well beyond the OCC banking charter already conditionally issued to several firms.
The exchange violated securities law, according to the SEC.
Being able to use a simple username akin to a Twitter or Instagram handle may make sending crypto payments more like sending an email or a text.
From questions surrounding Tether's USDT to Circle's plan to go public, here is your guide to why everyone is suddenly talking about stablecoins.
Stock tokens and stablecoins backed by securities might be treated as securities under U.S. law, SEC Chair Gary Gensler said.
Crypto's No. 2 stablecoin is backed mostly – 61% – by cash and cash equivalents. Here's what comprises the rest.
Plus: Correcting misconceptions about institutional interest in crypto, and why Circle going public may bring greater regulatory clarity in the U.S. for stablecoins.
Also, Circle might be an attractive "starter stock for the cautious" when it goes public, according to one analyst.
Here are three reasons why the stablecoin's tremendous growth has screeched to a halt.
World regulators have announced warnings around Binance, drawing attention to the exchange's operations and hinting at future actions.
Last week saw two crypto SPACs in two days. We asked stock analysts, “Who’s next?”
Ahead of the crypto firm's public market debut via SPAC, here are the key considerations for potential investors, according to our columnist.
“Our intention is to include greater reserves transparency” as the stablecoin operator goes public via a SPAC deal, Jeremy Allaire told CoinDesk TV Friday.