Chuck Kimble, who helped promote the USDC stablecoin for Circle, has joined blockchain startup Celo as head of strategic partnerships.
Circle Internet Financial had $127.5 million at the end of last month, enough to back the total number of USDC stablecoins in circulation.
Binance, one of the world’s largest cryptocurrency exchanges by trading volume, is adding support for stablecoin USDC.
PwC's Hong Kong division is exploring best practices for issuing stablecoins with non-profit Loopring Foundation. Auditing, though, is another matter.
Coinbase is providing support for the Circle-issued USDC stablecoin. The token will initially be supported through Coinbase Wallet.
Buying bitcoin may be cheaper using a stablecoin the market has greater confidence in, like the Gemini dollar, than with an alternative like USDT.
Crypto finance firm Circle has officially released its dollar-pegged stablecoin for limited trading, the company announced Wednesday.