USD Coin

According to reports, Bank of England Governor Bailey stated that stable currencies need to be regulated like internal currencies.
Bank of England Governor: Stable currencies need

On April 12, it was reported that in the round table discussion on \”the basic elements of stable currency\” at the 2023 Hong Kong Web3 Carnival, Joao Reginatto, Vice President of Ci

According to reports, according to Twitter user ember monitoring, 15 minutes ago, Meitu Chairman \”Cai Wensheng Friend\” transferred 1.5 million USDCs to Coin An and proposed 2000 ET

According to reports, Jeremy Allaire, co founder and CEO of Circle, recently accepted an interview with Bloomberg. Jeremy Allaire talked about the recent turmoil in the banking industry and its impact on USD Coin. Jeremy Allaire’s view that traditional banking systems need to be protected from encrypted assets is no longer valid. Jeremy Allaire believes that recent developments have proven that the situation has reversed and that its cryptographic entities need to be protected from the impact of traditional bank failures.   Circle co founder: $3.3 billion stranded at SVB will be fully recovered Analysis based on this information:Jeremy Allaire, co-founder and CEO of Circle, recently spoke with Bloomberg about the impact of the banking industry turmoil on USD Coin, a stablecoin backed by the US dollar. He shared his perspective that the traditional banking system can no longer protect itself from encrypted assets and that the tables have turned, calling for greater protection of cryptographic entities from the impact…

On March 5, according to CoinMarketCap data, the market value of BUSD has evaporated by 45% in three weeks, and has now fallen below $9 billion, with the curre…