Crypto exchange Coinbase said Monday that it is increasing its support for stablecoins with an investment in Circle.
The companies are also assigning full control of USDC’s issuance and governance to Circle while disbanding Centre Consortium, the organization founded to manage the stablecoin.Stay updated on Pro Crypto Ecosystems news by locking ACS tokens with The Block.No wallet? No problem. You can set one up for free. We recommend Torus for first-time users.Crypto exchange Coinbase said Monday that it is increasing its support for stablecoins by"taking an equity stake" in Circle.
"Coinbase is committed to the long term success of the stablecoin ecosystem and USDC, specifically," they continued, adding that both companies will continue to generate revenue from USDC reserves interest income. "Under the parties’ new arrangement, this revenue will continue to be shared based on the amount of USDC held on each of our platforms, and additionally we will now equally share in interest income generated from the broader distribution and usage of USDC," they said.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Coinbase takes equity stake in Circle as USDC Centre Consortium shuts downUSDC stablecoin issuer Circle and cryptocurrency exchange Coinbase have altered the terms of USDC governance since their Centre Consortium has become obsolete, they said.
続きを読む »
Coinbase Acquires a Stake in Stablecoin Operator Circle and USDC Adds 6 New BlockchainsThe Centre Consortium, jointly managed by Circle and Coinbase, is being shut down and Circle is bringing issuance and governance of the USDC stablecoin in-house.
続きを読む »
Coinbase buying stake in Circle, launching USDC on six new blockchainsCrypto exchange Coinbase said Monday that it is increasing its support for stablecoins with an investment in Circle.
続きを読む »
COIN price jumps as Coinbase announces stake in USDC issuer CircleCoinbase has been in the headlines for the past few months owing to the changing market and its tiff with the Securities and Exchange Commission (SEC)
続きを読む »
Coinbase to invest in Circle, shut down jointly managed Centre By ReutersCoinbase to invest in Circle, shut down jointly managed Centre
続きを読む »
Ethereum Co-Founder Vitalik Buterin Sends $1M ETH to CoinbaseVitalik Buterin transferred over $1 million worth of ether to crypto exchange Coinbase on Monday.
続きを読む »