USDC

USDC

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TRON Founder Justin Sun on Crypto Contagion Concerns

Crypto contagion fears are lingering, with bitcoin miner Core Scientific being the latest company to file for bankruptcy in the wake of FTX's implosion. TRON Founder, Huobi Global Advisor, and Ambassador of Grenada to the WTO Justin Sun discusses the latest chill in crypto winter, along with why he deposited $100 million in USDC into Binance. Plus, the latest on TRON network's algorithmic decentralized stablecoin USDD.

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United Nations Taps Stellar Blockchain to Aid War-Impacted Ukrainians

The United Nations High Commissioner for Refugees (UNHCR) is working with Stellar Development Foundation to send USDC stablecoins across the Stellar blockchain to Ukrainians impacted by the ongoing Russian invasion. "The Hash" panel discusses the crypto for social good use case in times of conflict.

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Tecnologie

Iginiit ng Tagapagtatag ng Binance na 'CZ' na Mapagkakatiwalaan Natin ang Kanyang Crypto Exchange – ngunit Kaya Natin?

Matapos ang pag-aresto sa founder ng FTX na si Sam Bankman-Fried, ang ilang mga gumagamit ay natatakot na ang exchange behemoth na Binance ay ang susunod na Crypto domino na babagsak.

Founder and CEO of Binance crypto exchange Changpeng "CZ" Zhao in Italy, May 2022. (Antonio Masiello/Getty Images)

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SBF's Alameda Research Secretly Funded Crypto Media Site 'The Block'; Crypto Contagion Concerns

Crypto media site The Block was secretly funded over the last two years by Sam Bankman-Fried’s Alameda Research, The Block confirmed on Friday. Bernstein reacted to Genesis’ extended withdrawal freeze, saying that saving Grayscale would cost a fortune for Digital Currency Group (DCG), which owns Genesis Trading, Grayscale and CoinDesk. Plus, details on Coinbase asking users to switch USDT for USDC and Bankman-Fried agreeing to testify before U.S. House Financial Committee.

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Coinbase Waves Conversion Fees for Global Users to Switch USDT for USDC

Coinbase is waiving the conversion fees for users that wish to switch to a "trusted stablecoin" in a new campaign that highlights the quality of reserves that back Circle-owned USD Coin (USDC). "The Hash" panel discusses the potential reasons behind Coinbase's move.

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Finanza

Hinihiling ng Crypto Exchange Coinbase ang mga User na Magpalit ng USDT para sa USDC

Ang Coinbase ay nagha-highlight ng mga tanong tungkol sa Tether reserves sa campaign para madala ang mga user sa USDC

(Robert Nickelsberg/Getty Images)

Video

Stablecoin Issuer Circle Scraps Plan to Go Public

Circle, the company behind stablecoin USDC, has terminated its agreement with special-purpose acquisition company Concord Acquisition Corp., thereby stepping back from its plan to go public. The stablecoin issuer had announced plans to go public in July 2021, with a valuation of $4.5 billion. The valuation was later doubled when the firms amended their terms in February. "The Hash" panel discusses what this means for the future of mainstream stablecoin adoption as crypto contagion continues to spread.

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MakerDAO Founder on Community Rejecting CoinShares’ Proposal

MakerDAO founder Rune Christensen joins "First Mover" to discuss why the MakerDAO community rejected CoinShares' proposal to use up to $500 million in stablecoin USDC to invest in bonds with the crypto investment firm.

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MakerDAO Community Rejects CoinShares Proposal to Invest up to $500M in Bonds

The MakerDAO community rejected a proposal to use up to $500 million in stablecoin USDC to invest in bonds with crypto investment firm CoinShares. MakerDAO founder Rune Christensen discusses the reason behind the rejection and his outlook for decentralized finance. Plus, details on the community’s voting on increasing DAI stablecoin rewards.

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