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Saylor is convinced that bitcoin is capital, not currency, and would like to see the whole world adopt the U.S. dollar as money instead.

The incentive impacts that stablecoins have on Ethereum could equally arise in Bitcoin if enough value is brought into the equation.

As an increasing part of the bitcoin economy, stablecoins are collateralizing $7.21 billion of bitcoin futures open interest.

The Grant Thornton write-up states that the “examination was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants.”

USDC will be grouped into trading pairs with bitcoin and Binance’s own token, BNB.

This expansion will add to its offerings in 46 states of the United States, something that required “quite a bit of work,” according to CEO Zac Prince.

Coinbase is integrating its first stablecoin, joining other top exchanges in what has become a listing race to add Tether’s rising competitors.

Huobi Global has announced its decision to list four USD-pegged stablecoins by the end of the week.

With the addition of these assets, OKEx now features more stablecoins than any other cryptocurrency exchange.