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USDC
Yellen Urges Federal Agencies to ‘Act Quickly’ on Stablecoin Regulation
Treasury Secretary Janet Yellen convened a meeting Monday of the President’s Working Group on Financial Markets (PWG) to discuss stablecoins. CoinDesk’s Nikhilesh De shares the key takeaways, proposing the regulatory outcome. Plus, his take on Mastercard potentially testing USDC for payments.
Circle Reveals Assets Backing USDC Stablecoin
Crypto's No. 2 stablecoin is backed mostly – 61% – by cash and cash equivalents. Here's what comprises the rest.
Mastercard to Test USDC for Payments as Stablecoin Scrutiny Intensifies
Mastercard will use the USDC stablecoin as a bridge asset for cardholders who want to pay for goods using cryptocurrencies.
If Stablecoins Cause Instability, Regulators Have Themselves to Blame
Pseudonymity is a key reason for the emergence of the $110 billion stablecoin market. If regulators are worried about financial stability, they should have some KYC controls.
Tether Hasn’t Printed New USDT in Weeks: 3 Possible Explanations
Here are three reasons why the stablecoin's tremendous growth has screeched to a halt.
Market Wrap: Bitcoin Rises After Volatile Week
Analysts see the possibility of further selling pressure despite short-term relief.
What Investors Need to Know About Circle's Listing
Ahead of the crypto firm's public market debut via SPAC, here are the key considerations for potential investors, according to our columnist.
USDC Assets to Be Disclosed in SEC Filings, Circle CEO Says
“Our intention is to include greater reserves transparency” as the stablecoin operator goes public via a SPAC deal, Jeremy Allaire told CoinDesk TV Friday.
Circle CEO Jeremy Allaire on Taking His Company Public
Jeremy Allaire of Circle, an issuer of stablecoin USDC, says he vows to make his company “the most public and transparent operator of full-reserve stablecoins in the market.” Allaire discusses taking his company public and the mission to increase transparency around USDC.
Market Wrap: Bitcoin Sells Off as Regulatory Concerns Resurface
“We expect volatility to remain under pressure until mid [to] late August,” said one trading firm.
