USD Coin News

The Coinbase website now states that USD Coin is “backed by fully reserved assets,” contrary to the now-removed claim of “backed by U.S. dollars in a bank account.”

The Singapore-based crypto trading platform has inked a partnership with stablecoin issuer Circle.

Circle’s share of the stablecoin market has grown to 23.5% in 2021, trailing only Tether. By going public, its “share will increase further?”

The ICHI ecosystem has attracted several high-profile partners, including Solana, Moonbeam, SushiSwap, 1inch Network, Loopring and Bancor.

Stablecoins backed by fiat and other assets are increasingly gaining popularity, with many more solutions being brought onto the market each year.

A project that aims to deliver a decentralized, digital store of value has unveiled a series of portfolios that allow investors to find opportunities based on their appetite for risk.

BlockFi, a major cryptocurrency lending firm, has added two new assets to its offering, Litecoin and USD Coin.

Tether, the first blockchain-enabled platform to allow fiat currency to be used like bitcoin, has officially been released on the instant crypto exchange, ShapeShift.