USDC Stablecoin Issuer Circle Dumps Tron Network; TRX Steady
Circle cited its “risk management” framework as part of the decision, among other factors.
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Circle cited its “risk management” framework as part of the decision, among other factors.
Y Combinator (YC), the Silicon Valley incubator, has listed stablecoin finance as a category in its new and updated list of areas it would like to deploy funds in.
Ethena’s USDe “synthetic dollar” is independent from the traditional financial system and aims to offer a dollar-denominated, yield-bearing savings vehicle for investors outside of the U.S.
Stablecoin purchases are proving popular for Argentine citizens amid a severe economic crisis in the nation.
A 1976 Treasury bill worth $5000. (Wikimedia/CoinDesk)
Scenes from a Solana hacker house (Danny Nelson/CoinDesk)
TUSD went as low as 96 cents as Binance data shows traders apparently sold over $300 million worth in the past 24 hours.
The integration allows developers to build cross-chain use cases via Chainlink’s CCIP that involve multichain transfers of Circle’s USDC stablecoin.
Tether, the issuer of the largest stablecoin by market cap, has challenged the United Nations (UN) for its report on underground banking and money laundering infrastructure in East and Southeast Asia.
The Global Financial Crisis reduced the depth of capital markets. Blockchain-based stablecoins can help fill the gap, say Christine Cai and Sefton Kincaid, of Cicada Partners.