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Circle reveals cooperation in ongoing SEC investigation
Circle has published filings revealing it is cooperating with a subpoena from the SEC that it received in July.
USDC Market Capitalization Hits $30 Billion — Stablecoin Adds $10 Billion in 4 Months
As of September 25, 2021, there’s $129.3 billion worth of stablecoin assets in existence which represents 6.54% of the crypto economy. The second-largest stablecoin by market valuation, USDC, has seen…
Does Evergrande’s $300B debt crisis pose systemic risk to the crypto industry?
As onlookers predict that top Chinese property developer and commercial paper issuer Evergrande will default, some analysts believe the firm poses systemic risks to crypto.
Centre Consortium Working to Create ‘Global Network’ of Stablecoins
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 new team, comprising six new…
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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