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Circle: USDC to Be Backed 100% by Cash, US Treasurys by September

By September, Circle announced its stablecoin USDC would be 100% backed by cash and short-term U.S. government Treasurys. This following the USDC developer revealing in July only 61% of tokens were backed by cash and money-market funds, amid plans to go public via a SPAC deal that would value the firm at $4.5 billion.

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Why Bitcoin Topped $50K for First Time in 3 Months

Bitcoin is again trading above the $50,000 price tag, hitting the key psychological mark for the first time in over three months. Rachel Lin, CEO of DeFi derivatives platform SynFutures, discusses the potential factors driving the surge. Plus, her take on institutional demand for stablecoins and insights into the Asian crypto markets.

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Mastercard Partners With Paxos to Simplify Payments Card Offerings for Cryptocurrency Firms

Mastercard’s Raj Dhamodharan and Paxos’ Walter Hessert discuss their partnership enabling more banks and crypto companies to offer card programs, helping crypto holders spend their digital assets anywhere Mastercard is accepted.

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Merkado

Ang USDC ay Babayaran ng 100% ng Cash, US Treasurys

Inihayag ng developer ng USDC noong nakaraang buwan na 61% lang ng mga token ang na-back sa pamamagitan ng "cash at cash equivalents."

Dollars

Merkado

Sinabi ng Coinbase na ang USDC Reserves ay Gagawin sa Cash, Short-Term Treasury Mula Setyembre

Si President at COO Emilie Choi sa isang Twitter post noong Lunes ay nilinaw ang naunang wika sa website ng Crypto exchange.

Coinbase Global Debuts Initial Public Offering At Nasdaq MarketSite

Mga video

Messari CEO Ryan Selkis on Bitcoin, Stablecoins and Crypto Regulation

Bitcoin is down about 1.3% over the past 24 hours. The next support is seen at the $42,000 breakout level, which could stabilize the pullback. Messari Founder and CEO Ryan Selkis discusses his positive analysis and outlook for bitcoin, explaining why he’s a “perma-bull.”

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Patakaran

Ginawa ng Crypto ang Agenda sa Fed Meeting noong nakaraang Buwan

Mukhang ito ang unang pagkakataon na lumabas ang paksa sa seminal na buwanang pulong ng FOMC.

Federal Reserve Chair Jerome Powell

Tech

Facebook: Ang Novi Digital Wallet ay 'Handa nang Dumating sa Market'

Karamihan sa mga estado sa U.S. ay inaprubahan ang produkto.

David Marcus, the head of Facebook's blockchain projects.

Merkado

Ang Lahi para sa Transparency ng Stablecoin

Pinapabuti ng mga Stablecoin ang kanilang pag-uulat tungkol sa mga reserba, ngunit ang transparency ay ginagawang mas kumplikadong isakatuparan ang isang mahirap nang modelo ng negosyo, sabi ng aming kolumnista.

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