The two companies are partnering on new stablecoin initiatives centered on USDC Circle and Binance have announced a strategic partnership aimed at expanding the global adoption and utility of stablecoins. This collaboration was unveiled during Abu Dhabi Finance Week and emphasizes the growing role of stablecoins like USD Coin (USDC) in modern financial systems. We
The move takes effect immediately but shouldn’t impact the cryptocurrency’s status Circle has announced that it will terminate support for its dollar-pegged stablecoin, USD Coin (USDC), on the Tron blockchain. The change is effective “immediately,” and the decision is consistent with “efforts to ensure that USDC remains trusted, transparent and safe.” “Effective immediately, we will
The platform will no longer be a stand-alone entity Coinbase and Circle released the same statements on their blogs on August 21, redefining the companies’ relationship. The two are responsible for launching the USD Coin stablecoin and previously managed the token via the Centre Consortium. The Centre Consortium “will no longer exist as a stand-alone
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