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

France Nouvelles Nouvelles

Circle Says USDC Reserve Backed Entirely in Cash and Short-Dated US Treasuries – Bitcoin News
France Dernières Nouvelles,France Actualités
  • 📰 BTCTN
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Circle recently published a blog post called “How to Be Stable,” following the aftermath of Terra’s stablecoin implosion. $USDC

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 usd coin’s inception, the stablecoin aims to be “the most transparent and trusted dollar digital currency.

”For a few years now, stablecoin assets have been a popular hedging vehicle among many participants within the cryptocurrency community. In more recent times, stablecoins are being loaned out in great numbers in order to gather interest and high yield returns. In the early days, stablecoins were centralized projects and these days there are a few decentralized and algorithmic stablecoin tokens among the giants.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

BTCTN /  🏆 531. in US

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

UK Treasury en route to legalizing stablecoins amid Terra's UST crashUK Treasury en route to legalizing stablecoins amid Terra's UST crashThe Treasury’s plan does not involve legalizing algorithmic stablecoins and instead prefers 1:1 fully-backed stablecoins like USDT or USDC.
Lire la suite »

Onchain Analysis Report Says Terra's Bitcoin Reserves Were Sent to Binance and Gemini – Bitcoin NewsOnchain Analysis Report Says Terra's Bitcoin Reserves Were Sent to Binance and Gemini – Bitcoin NewsAfter the Terra fallout, a great number of people on forums and social media asked the question: “Where is LFG’s Bitcoin reserve?'
Lire la suite »

Tron DAO Reserve Acquires Millions in TRX, Bitcoin, and Tether to Safeguard USDD – Bitcoin NewsTron DAO Reserve Acquires Millions in TRX, Bitcoin, and Tether to Safeguard USDD – Bitcoin NewsThe Tron DAO Reserve has continued to purchase large quantities of crypto assets to bolster the project’s reserves.
Lire la suite »

80,000 Bitcoin gone: What’s left in Luna’s reserve wallet?80,000 Bitcoin gone: What’s left in Luna’s reserve wallet?The LFG_org has just 300 Bitcoin left, while UST holders may be compensated.
Lire la suite »

Iga Swiatek Matches Serena Williams’s 27-Match Win StreakIga Swiatek Matches Serena Williams’s 27-Match Win StreakNot since Serena Williams seven years ago has another woman had such a hot streak in tennis
Lire la suite »

McConnell, GOP senators meet Zelenskyy in surprise Kyiv stopMcConnell, GOP senators meet Zelenskyy in surprise Kyiv stopSenate Republican leader Mitch McConnell says senators who visited Ukraine on Saturday have reaffirmed that the U.S. will back Ukraine until it wins its war with Russia.
Lire la suite »



Render Time: 2025-04-03 08:23:58