Jul 3, 2022
USDC Stablecoin-Issuer Circle in ‘Strongest Financial Position’ Ever, Says CEO
USDC Stablecoin-Issuer Circle in ‘Strongest Financial Position’ Ever, Says CEO
Circle, the company behind USDC, the world’s second-largest stablecoin, is in its “strongest financial position” ever, according to CEO Jeremy Allaire. It comes as stablecoins have come under increased scrutiny following the collapse of Terra’s UST stablecoin in May, with observers calling for greater transparency in the assets backing the dollar-pegged cryptocurrencies. Allaire said Circle has…
View On WordPress