USDC
Circle Invests in JPYC, Baby Shark NFTs Announced
Axie Infinity earnings drop below minimum wage level in the Philippines. USDC issuer Circle to invest in Japanese yen stablecoin. Baby Shark creator announces an NFT series. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Voyager Digital Launches USDC-Linked Debit Card
Voyager’s debit cardholders can earn rewards and spend crypto on daily purchases.
Circle CEO Jeremy Allaire on Impact of Biden Administration’s Stablecoin Report
The President's Working Group on Financial Markets (PWG) released a report and recommendations on stablecoins, urging lawmakers to subject stablecoin issuers to the same strict federal oversight as banks. Jeremy Allaire, CEO of stablecoin USDC issuer Circle, discusses the report's potential impact on his firm, USDC, and stablecoin regulation.
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.