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We previously covered the announcement of Centre and its first product USD Coin by Circle. Today, they have announced some news that will likely put USD Coin into the second stablecoin spot, behind the much maligned Tether. Coinbase has been announced as a co-founder of Centre and USD Coin alongside...
The sky is falling in Crypto today because its biggest stable coin has lost its peg to the dollar. Tether USDT, long claimed to be backed up by millions in fiat reserves, is no longer trading at a dollar, currently sitting at $0.966. A mere three and a half cents...
In a bombshell announcement, Circle revealed USD Coin, a fiat backed stable coin that will be used on their Poloniex exchange. The move comes as Circle continues to pivot its business models. In recent months they have launched Circle Invest, purchased Poloniex, and redesigned Circle Pay. Now they are launching...

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