Auto Added by WPeMatico

Circle Says USDC Reserve Backed Entirely in Cash and Short-Dated US Treasuries

On May 13, Circle’s chief financial officer Jeremy Fox-Geen published a blog post called “How to Be Stable,” following the aftermath of Terra’s stablecoin implosion. Circle’s CFO explained that since…

Continue ReadingCircle Says USDC Reserve Backed Entirely in Cash and Short-Dated US Treasuries

Bitcoin Treasuries List Claims 59 Companies and a Handful of Countries Hold 1.49 Million BTC

304 days or roughly nine months ago, 42 companies held bitcoin on their balance sheet with an aggregate total of 1,350,073 bitcoin on March 1, 2021. Today, metrics indicate there…

Continue ReadingBitcoin Treasuries List Claims 59 Companies and a Handful of Countries Hold 1.49 Million BTC