CENTRE Consortium

Coinbase Acquires Stake in Stablecoin Operator Circle
Coinbase Acquires Stake in Stablecoin Operator Circle
Cryptocurrency exchange Coinbase (COIN) is getting a minority stake in Circle Internet Financial and the stablecoin issuer is bringing issuance and governance of USDC complete...
Coinbase Acquires Stake in Stablecoin Operator Circle

Circle CEO Jeremy Allaire (CoinDesk archives)
Centre Hires 2 Executives to Oversee Regulation, Operations
Former regulator Linda Jeng will join as Centre’s chief policy and regulatory officer, while former Diem executive Danielle Harold will be the consortium’s chief operations of...
Circle CEO Jeremy Allaire (CoinDesk archives)

(HFA_Illustrations/Shutterstock)
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.
(HFA_Illustrations/Shutterstock)

Stablecoins to Watch: USDC Could Expand to 10 More Blockchains
Stablecoins to Watch: USDC Could Expand to 10 More Blockchains
USD coin (USDC), a stablecoin currently on four blockchain networks with a market cap of $25 billion, could soon be on as many as 10 more networks, including Tezos. USDC is an...
Stablecoins to Watch: USDC Could Expand to 10 More Blockchains

(HFA_Illustrations/Shutterstock)
USDC Stablecoin Could Soon Expand to 10 More Blockchains
The stablecoin with a market cap of $25 billion is currently on four networks.
(HFA_Illustrations/Shutterstock)

(HFA_Illustrations/Shutterstock)
USDC Stablecoin Issuer Centre Hires Wall Street Veteran David Puth as CEO
Centre, the Coinbase- and Circle-founded project that oversees the USDC stablecoin, has hired Wall Street veteran David Puth as its new CEO.
(HFA_Illustrations/Shutterstock)

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'Gasless' Technical Update Brings USDC One Step Closer to Venmo
Users do not have to pre-fund their USDC-bearing wallet with ether before every transaction, according to Centre.
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Former US Treasury Secretary Laurence Summers Expects 'a Ton of Innovation' Around Stablecoins
Former U.S. Treasury Secretary Lawrence Summers praised stablecoins last week, saying he sees use cases in cross-border transactions as one example of their usefulness.
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Circle Rolls Out Stablecoin Business Accounts, Preps SeedInvest for Sale
Circle is rolling out business accounts denominated in the stablecoin USDC and looking to sell crowdfunding platform SeedInvest as part of an ongoing pivot.
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Circle's Dollar-Tied Stablecoin Fully Backed, Auditor's 'Attestation' Says
Circle Internet Financial had $127.5 million at the end of last month, enough to back the total number of USDC stablecoins in circulation.
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