What We Know – and Don't Know – About Stablecoins' Dollar Backing
As information disclosed by issuers varies, it's not easy for investors to make apple-to-apple comparisons.
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Aug 10, 2021 at 4:46 p.m. UTC
Aug 10, 2021
Circle
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USDC Builder Circle Wants to Become a ‘Full-Reserve National Commercial Bank’
“The Hash” hosts discuss the industry implications for Jeremy Allaire’s Circle, a neo-bank and stablecoin USDC issuer, intending to become “a full-reserve national commercial...
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Aug 9, 2021 at 10:00 p.m. UTC
Aug 9, 2021
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USDC Builder Circle Says It Wants to Become a National Crypto Bank
The plans would take Circle well beyond the OCC banking charter already conditionally issued to several firms.
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Aug 9, 2021 at 1:24 p.m. UTC
Aug 9, 2021
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Poloniex Agrees to $10M Settlement With SEC for Operating Unregistered Exchange
The exchange violated securities law, according to the SEC.
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Aug 9, 2021 at 1:15 p.m. UTC
Aug 9, 2021
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No More Lengthy Wallet Addresses – Send USDC to 'username.coin'
Being able to use a simple username akin to a Twitter or Instagram handle may make sending crypto payments more like sending an email or a text.
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Aug 4, 2021 at 1:00 p.m. UTC
Aug 4, 2021
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Why Stablecoins Are Suddenly in the News
From questions surrounding Tether's USDT to Circle's plan to go public, here is your guide to why everyone is suddenly talking about stablecoins.
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Jul 27, 2021 at 6:59 p.m. UTC
Jul 27, 2021
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BlockFi Receives Cease and Desist Order From New Jersey Attorney General
Crypto lending platform BlockFi has received an order from New Jersey’s acting attorney general (AG) to halt its Interest Account (BIA) operations in the U.S. state. CoinDesk’...
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Jul 21, 2021 at 6:56 p.m. UTC
Jul 21, 2021
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SEC Chair Hints Some Stablecoins Are Securities
Stock tokens and stablecoins backed by securities might be treated as securities under U.S. law, SEC Chair Gary Gensler said.
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Jul 21, 2021 at 4:17 p.m. UTC
Jul 21, 2021
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Circle: USDC Backed 61% by Cash and Cash Equivalents
In its latest attestation report, global payments company Circle revealed Tuesday about 61% of its stablecoin USDC is backed by “cash and cash equivalents,” meaning cash and m...
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Jul 20, 2021 at 10:13 p.m. UTC
Jul 20, 2021
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Circle Reveals Assets Backing USDC Stablecoin
Crypto's No. 2 stablecoin is backed mostly – 61% – by cash and cash equivalents. Here's what comprises the rest.
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Jul 20, 2021 at 1:41 p.m. UTC
Jul 20, 2021