Binance Converts $1B Funds into Other Cryptos as Banking Fears Heighten
Pressure continues to mount on stablecoins given the current situation that has seen three major crypto-backing banks collapse in the past few days.
Pressure continues to mount on stablecoins given the current situation that has seen three major crypto-backing banks collapse in the past few days.
The US government appears to be solely focused on strengthening public confidence in its banking system.
Circle is presently focused on expanding its staff. However, it also confirms that its plan to go public is not entirely off the table.
Despite the fact that customers may be shifting their focus to its competitor, Tether doesn’t see a threat.
Robinhood’s partnership with USDC comes at a time that stablecoins are subject to criticisms and intensified scrutiny.
The market capitalization of Tether (USDT) is finally on the uptrend after nearly three months in an opposite direction.
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.
A global crypto finance company Circle finally releases its first stablecoin USDC, which is already available on Circle Trade and Circle’s exchange Poloniex.
The partnership with Bitmain will enable Circle issue USD Coin and help push forwards its drive in improving its products and services.