USDC Reserves to Be Held in Cash and US Treasury Bills Only, Centre Says
The future attestation reports published by Grant Thorton, who is Centre’s auditing authority, will reflect the new changes of the USDC’s $22 Billion reserves.
The future attestation reports published by Grant Thorton, who is Centre’s auditing authority, will reflect the new changes of the USDC’s $22 Billion reserves.
CENTRE has announced the support to issue USD Coin on TRON.
Centre, the company behind the issuance of the USDC stablecoin, has blacklisted an Ethereum address with $100,000 due to a law enforcement request.
Circle co-founder Sean Neville will still remain on the board of Circle as an independent director and will work on CENTRE, a collaboration between Circle and Coinbase.
Two huge cryptocurrency companies, Coinbase and Circle, are actively working in a joint effort to make money as easy transferable as data on the internet. Recently both firms have announced their new Stablecoin Network called CENTRE.
Coinbase has announced expansion into cross-border payments. Now, its customers are able to transfer their funds to any user with a Coinbase account around the world using XRP or USDC, without any fee.
2018 was to say nothing a very productive year for a well-known crypto giant Circle. Its OTC business generated $24 billion in notional volume, and that’s not the only company’s achievement in 2018.
Startup Circle opens source project CENTRE that is based on blockchain technology and will be aimed to connect different digital wallets.