$2 Billion Made In Trading Revenue Was Ploughed Back To Business To Create New Products Since 2012

Circle and Coinbase are thepeople behind the USDC coin. This is anopen-source smart contract-based stable coin. USD coin (USDC) is an ERC-20 token, which has created the possibilitiesfor making payments, lending, trade finance, and investing.

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There is so much to think abouttoday's technology. To know what is newin the community, investors can partner up either with Circle or Coinbase, takepart in co-marketing initiatives, discussion of partnerships, and more.

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There are ERC-20 compatiblewallets which accept the USDC. AlphaWallet, Atomic Wallet, BitGo, Citowise,Coinbase wallet, Coinomi, CoolWalletS, Elph, Exodus, imToken, Ledger, Tokenary,Trust Wallet, and Zuex.

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Justin Sun, CEO of TRON, statedthat he has invested in Poloniex Crypto Exchange. He was previously denyingthis fact but has now admitted it on November 12, 2019, during a live streamthat took place between Tron and Poloniex. TRON CEO is now one of the investors who have acquired Poloniex from thepayment company Circle.

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Circle and Coinbase are focusedon establishing a standard for fiat currencies on the internet and thusproviding for a governance framework and, therefore, a network for globalmainstream adoption of several fiat stablecoins. The CENTRE Consortium was formed as a jointventure to provide for this purpose. TheUSDC is completely collateralized US Dollar Stable Coin.

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Brian Armstrong, Coinbase CEOdonates cryptocurrencies to the poor. Time Magazine honors the rising stars, thereby shaping the future of theworld across various sectors like Business, Technology, Entertainment,Advocacy, and more.

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TIME has been running the list ofthe 100 most influential persons on the world for over a decade under the TIME100 banner. Brian Armstrong, Coinbase CEO, was honored by Time Magazine in theinaugural TIME 100 Next List.

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Brian Armstrong previously statedthat he did not want to get caught into a hype. With a decrease in speculation, he opines that the market wouldstabilize. He also stated that the realplace of technology is much more than just linear. The environment around cryptocurrencies,according to him, is a bubble environment.

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Coinbase, a Unicorn company, hasmade more than $2 billion in trading revenue ever since it was launched. Mostof the money was plowed back to business, and new products were created. Cryptocould help a lot of people across the world who are underbanked and whom cryptocould help.

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The USD coin recently traded up0.4% versus the USD, and now it is trading at $1.01.

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