The Merge is truly coming — and Tether and USD Coin are on board
Two major stablecoin issuers have announced that they will fully support Ethereum's switch to a Proof-of-Stake blockchain.
Circle, which issues USDC, warned that it has no plans to support any proof-of-work forks that may emerge, adding: "While we don’t speculate on the possibility of forks post Ethereum Mainnet merge, USDC as an Ethereum asset can only exist as a single valid 'version,' and as stated previously, our sole plan is to fully support the upgraded Ethereum PoS chain."
Developers say PoS will use substantially less energy than PoW did — and reduce barriers to entry because less advanced hardware is required. Those interested in staking can also pool their resources with others.
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