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USDC regained its dollar peg four days later. [13] 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 ...
USD Coin, according to the stablecoin's governing company, Circle, soon will be available on six additional blockchains: Base, Cosmos via the Noble network, NEAR, Optimism, Polkadot, and Polygon PoS.
Users can continue trading USDC on Binance, while deposits and withdrawals of USDC via other supported networks will not be impacted, Binance said in a blog post. Tron did not immediately respond ...
The move will position Ripple against sector leaders Tether (USDT) and Circle (USDC), which together dominate 90% of the stablecoin market. For instance, among the top 10 stablecoins by market ...
The Bitcoin Price Index is an average of bitcoin prices across bitcoin exchanges, and began by using price data from Bitstamp, BTC-e and CampBX. Although Mt. Gox data was not used initially, due to withdrawal concerns for US customers, [ 21 ] in November 2013, Mt. Gox was added to the BPI due to "a reduction in the risk premium and the option ...
Diem (formerly known as Libra) was a permissioned blockchain-based stablecoin payment system proposed by the American social media company Facebook.The plan also included a private currency implemented as a cryptocurrency.
Bitcoin is the most popular cryptocurrency on the planet, and as such it has become central to the industry, which spans many blockchains. But Bitcoin as a transactable asset has its limits.
Digital Currency Group was launched in 2015 by Barry Silbert, the former CEO of SecondMarket, Inc. He began investing in blockchain technology companies in 2013. [3] Shortly after SecondMarket's sale, Silbert formed Digital Currency Group, with Genesis and Grayscale becoming the first of the company's subsidiaries.