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Tether (often referred to by its currency codes, USD₮ and USDT, among others) is a cryptocurrency stablecoin launched by Tether Limited Inc. in 2014. [ 3 ] [ 4 ] It is pegged to the United States dollar , and is distinct from a central bank digital currency (CBDC).
In May 2018, MobileCoin secured $29.7 million in a funding round led by Binance Labs, in exchange for 37.5 million tokens. [8] [9] In March 2021, MobileCoin raised $11.35 million in Series A funding from the venture firms General Catalyst and Steve Jurvetson's Future Ventures. [10] Jurvetson would at some point join the board of MobileCoin. [11 ...
In August 2023, Circle and Coinbase dissolved the Centre Consortium, the entity responsible for managing USDC since 2018. This decision granted Circle full governance over USDC. [14] In February 2024, Circle discontinued USDC on the TRON blockchain following a risk management review. Although the minting of new USDC tokens halted on 21 February ...
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Stellar, or Stellar Lumens (XLM) is a cryptocurrency protocol which allows transactions between any pair of currencies.. The Stellar protocol is supported by the nonprofit Stellar Development Foundation (though this organization does not have 501(c)(3) tax-exempt status) [2] [3] which was founded in 2014.
Coinbase just launched Base, an Ethereum-based blockchain, in hopes of building a Web3-based eco-system. I hoped Coinbase’s new blockchain would offer some Apple-style magic—it did not Skip to ...