The crypto and blockchain projects with the biggest buzz in 2020
As the crypto community grows, several companies stood out to lead the pack in 2020. Go to Source Powered by WPeMatico
Circle
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Circle CEO joins appeal against US Treasury self-hosted crypto wallet ban
The crypto industry and regulators need time to collaborate on better regulations. Go to Source Powered by WPeMatico
Hundreds of millions of consumers will use digital currencies soon: Circle CEO
Executives from Facebook’s ‘Diem’ Association, Circle, Soramitsu, and Coinbase discussed how and when digital currencies will go mainstream, at the Singapore Fintech Festival. Go to Source Powered by WPeMatico
Biden team will boost crypto’s role in US infrastructure, says Circle CEO Allaire
Allaire also sees political moderation as the best scenario for continued crypto development. Go to Source Powered by WPeMatico
Visa will facilitate USDC payments, thanks to fresh partnership
This could significantly lower the barrier to entry for stablecoin use. Go to Source Powered by WPeMatico
Circle’s high-yield USDC business accounts take aim at DeFi
High yields and frequent interest payments on Circle’s business accounts may be designed to compete with DeFi protocols Go to Source Powered by WPeMatico
Stablecoin Savings: Circle Launches High Yield USDC Accounts for Businesses
Two years ago the cryptocurrency firm Circle announced the launch of USDC, a stablecoin pegged to the U.S. dollar. This week, Circle revealed the launch of high yield digital dollar business accounts with APY up to 10.75%. On September 26, 2018, Circle and the Centre open-source consortium launched an ERC20 token called USD Coin or … Read more
OCC’s Brian Brooks Against Government Issued Digital Dollar – Supports Regulation of Privately Issued Stablecoins
The acting director of the U.S. Office Comptroller of Currency (OCC) Brian Brooks says the creation of the U.S. digital dollar is a terrible one because the government is not good at building things. Instead, Brooks believes tech companies, which already possess the know-how, to be in a better position to issue stable digital currencies. … Read more
Circle CEO Jeremy Allaire seems to already be using PayPal to buy Bitcoin
The CEO tweeted a screenshot of an apparent $100 purchase of Bitcoin using the service well ahead of its official rollout date. Go to Source Powered by WPeMatico
US Banks Can Now Hold Reserves for Stablecoin Issuers, Says Federal Banking Regulator
The U.S. Office of the Comptroller of the Currency (OCC) on Monday published a letter clarifying that national banks and federal savings associations can now hold reserves for stablecoin issuers in the country. According to the OCC’s interpretive letter, reserve accounts can either be funded through deposits from stablecoin issuers or deposits from individual stablecoin … Read more