Altcoins News
By James Thorp
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USDC supply has been growing at a faster rate than TETHER since the beginning of 2021, and its growth rate has increased significantly over the last month.
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Ever since the may Dip there has been lot of migrations happening to the stable coins. Reportedly, the market cap of $USDC has been growing MoM almost consistently faster than…
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Jeremy Allaire expressed: “USDC is now powering Miami.” Also recollected, “Proud to say that MIT used Circle Pay to distribute BTC to everyone on campus 7 years ago.”
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The growth in stablecoins should be viewed as a positive sign for price support as it shows investor desire to “buy the dip” amidst the recent market correction.
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Twitter handle David Gerard: “HYPOTHESIS: USDC is the new Tether. They are not backed by dollars in a bank account, but by unknown motley "assets" they won't tell what they…
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Critics: Who ever loved USDC? The point of crypto is to get away from the USD, fiat, and other centralized currencies.
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At some point, you have to assume that the central banks want this to happen. They are looking at a Giant crypto bubble that is reasonably remote from the rest of the financial…
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For those who are new: “USD Coin (USDC) represents a major breakthrough in how we use money.
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USDC is issued by regulated financial institutions, backed by fully reserved assets, redeemable on a 1:1 basis for US dollars, and governed by Centre, a membership-based…
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The USDC Institutional Trading Program has been designed to meet the needs of high-volume trading firms, crypto exchanges and market makers.
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Provides support for automatic USDC conversions from banks in 85+ countries. Forthcoming token swap services for Multichain USDC.
The Currency Analytics
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