Ledn Launches USDC Stablecoin Savings Accounts With Focus on Latin America
Ledn is now offering USDC stablecoin savings accounts through a partnership with the crypto lending and trading conglomerate Genesis.
CENTRE froze $100,000 in USDC in response to a request from law enforcement, the group said Wednesday.
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.
USDC backer Circle is teaming with Genesis Trading in a $25 million deal aimed at pushing the stablecoin to the fintech masses.
The CENTRE consortium is teaming up with the Algorand Foundation to launch the USDC stablecoin on the Algorand network.
Offering the option to receive wages in the USDC stablecoin removes the volatility risk for earners.