For stablecoins pegged to the US dollar like USDC, MiCA stipulates that their issuers must obtain an Electronic Money Institution (EMI) license and ensure that the reserves of the stablecoin match its circulation.
JinseFinanceWhy were EOS and Algorand abandoned by Tether?
JinseFinanceBankless podcast co-host David Hoffman claims that Coinbase’s on-chain initiatives will pave the way for future on-chain financial systems.
JinseFinanceUSDC surges globally, fueled by rising liquidity and demand beyond the U.S. Backed by Coinbase, its supply grows significantly, indicating growing market relevance.
EdmundCoinbase collaborates with Yellow Card to expand into Africa, providing access to USDC and fostering the growth of a decentralized financial system. The partnership is seen as a strategic move to address the financial needs of African nations, particularly those facing inflation and dependency on remittances.
EdmundUSDC has regained its $1 peg.
BeincryptoCoinbase is issuing a warning to its customers, advising them to convert their Tether (USDT) stablecoin holdings into USD Coin (USDC).
dailyhodlThe move is a shot at rival stablecoin issuer Tether.
BeincryptoMakerDAO (MKR) is planning to deposit $1.6 billion in USDC on Coinbase Prime to earn a yield of 1.5% per year. A poll on the proposal is three days away from closing. The decision could set the DeFi protocol on the path to centralization.
BeincryptoFIFA, the global governing body of soccer, is launching a new NFT collectibles platform with the highly anticipated World Cup ...
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