USDC
Why Stablecoin Regulation Isn’t ‘Urgent’
The risks are real, but today’s report looks like a power grab.

What Stablecoins Might Become
At issue is whether issuers of the digital assets will be regulated like banks.

USDC Added to Hedera Hashgraph as Enterprise-Minded Network Eyes DeFi
It becomes the stablecoin’s sixth network as a key part of a $2.5 billion HBAR initiative.

SEC Subpoenas USDC Stablecoin Backer Circle
Circle said it is “fully cooperating” with the investigation but has declined to elaborate on its scope.

SEC Subpoenas USDC Stablecoin Backer Circle
Circle, a key supporter of the USDC stablecoin, revealed in a regulatory filing that it received an “investigative subpoena” from the SEC’s Enforcement Division in July, potentially about the assets backing USDC. “The Hash” team discusses the latest escalation by SEC Chairman Gary Gensler’s signaling federal scrutiny of crypto is on the rise.

Solana-Based Prediction Market Uses DeFi Yields to Finance ‘No Loss’ Betting
Hedgehog’s experimental wagers combine prediction markets with stablecoins, decentralized finance and gamification.

Circle Taps Plaid for ACH Payments as USDC Market Cap Hits $30B
The integration looks to provide a smoother process for getting money in and out of crypto.

Crypto Markets Need More Scrutiny From SEC, Investor Groups Say
The advocacy groups called the crypto industry “a Wild West” in a letter to SEC Chair Gary Gensler.

Circle CEO Jeremy Allaire on Stablecoins
Jeremy Allaire of neo-bank Circle digs into the world of stablecoins as the issuer of the second-largest stablecoin by market cap USDC. He joins "First Mover" live from the 2021 SALT Conference in New York to share his insights into USDC's backings, growth of stablecoins, tether (USDT)'s reserve breakdown, and his reactions to Coinbase receiving a SEC Wells notice over its lending product. Plus, insights into Circle's future plans as it prepares to go public.

Centre Consortium Hires Six Employees, Including Former Circle, PwC Executives
The new hires create a pathway for Centre to expand membership beyond just Circle and Coinbase.
