Bitcoin slipped below $50K and will likely consolidate this week, analysts say.
The USDC developer revealed last month that only 61% of tokens were backed by "cash and cash equivalents."
President and COO Emilie Choi in a Twitter post on Monday clarified earlier language on the crypto exchange's website.
The plans would take Circle well beyond the OCC banking charter already conditionally issued to several firms.
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.
Bitcoin is declining as regulatory concerns rise; ether is holding support.
The changing trading patterns in USDT might be the result of China's recent crackdown on cryptocurrency mining and trading.
Since the end of May, tether's growth has gone completely flat.
Users can now open USDC positions and stake CVI USDC through the index.
The a16z-backed Eco, which loans out users’ deposits in USDC, says it’s keeping an eye on the BlockFi case.
Stock tokens and stablecoins backed by securities might be treated as securities under U.S. law, SEC Chair Gary Gensler said.
Bitcoin broke below $30K. Some analysts see value opportunities while others expect further downside.
Crypto's No. 2 stablecoin is backed mostly – 61% – by cash and cash equivalents. Here's what comprises the rest.
Pseudonymity is a key reason for the emergence of the $110 billion stablecoin market. If regulators are worried about financial stability, they should have some KYC controls.
Here are three reasons why the stablecoin's tremendous growth has screeched to a halt.