Coinbase Lists Circle USDC Stablecoin

Coinbase Lists Circle USDC Stablecoin
фото показано с : cryptobriefing.com

2018-10-23 19:40

Coinbase has announced its newest listing, much to the surprise of the crypto community at large. No, it’s not BAT or Stellar or any of the other likely contenders. The newest member of the Coinbase family is a stablecoin. 

In a blog post this morning Coinbase announced that it was listing USDC, or Circle USD, an ERC-20 token backed by dollars in US-domiciled banks.  Beginning immediately, “Coinbase customers in supported jurisdictions can buy, sell, send and receive the USD Coin stablecoin (USDC) at Coinbase.com and in the Coinbase iOS and Android apps,” the company said. “US customers outside New York state can buy and sell, and customers around the world can send and receive. More geographies will be available in the future.”

The surprise listing comes in the midst of an explosion of new stablecoins. As Crypto Briefing has previously reported, the stablecoin space is already full of contenders—from mathematical stablecoins like Kowala to audited tokens like TrueUSD and Gemini Dollars. 

While Coinbase already enables buying and selling in US Dollars, having a dollar-valued cryptocurrency offers programmatic advantages to fiat currencies.  “[A] blockchain-based digital dollar like USDC is easier to program with, to send quickly, to use in dApps, and to store locally than traditional bank account-based dollars,” the blog post explained. “That’s why we think of it as an important step towards a more open financial system.”

Unlike regular dollars, stable coins can be sent quickly and securely through the blockchain network, and can interact with smart contracts and crypto-businesses without exposing users to the volatility of Bitcoin or Ethereum. 

The adoption is likely to be a boon to crypto markets, which have so far remained timid at the possibility of a Tether implosion. Last week Tether, the leading cryptocurrency by market cap, lost its dollar peg, most likely due to the opacity of its finances. 

 

The author is invested in Bitcoin and Ethereum. 

 

The post Coinbase Lists Circle USDC Stablecoin appeared first on Crypto Briefing.

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coinbase stablecoin usdc circle lists listing announced

Источник: cryptobriefing.com

coinbase stablecoin → Результатов: 24


Фото:

Coinbase And Circle Form A Joint Venture To Boost Circle’s Stablecoin

They may have been fierce competitors in the past, but Coinbase and Circle have now come together to boost Circle’s USDC stablecoin. Known as the CENTRE Consortium, the joint venture between the two industry giants aims to take the lead in the stablecoin market by ‘establishing the standards required and building the technology needed for […] The post Coinbase And Circle Form A Joint Venture To Boost Circle’s Stablecoin appeared first on NullTX.

2018-10-24 23:53


Coinbase to List Competitor-Backed Stablecoin Amidst Growing Interest

Coinbase will reportedly list a stablecoin initially backed by one of its closest competitors after joining the consortium behind the USD-pegged cryptocurrency. Coinbase Joins CENTRE Consortium, Will List USD Coin San Francisco-based cryptocurrency exchange Coinbase recently listed decentralized exchange protocol utility token 0x (ZRX) to the list of cryptocurrencies it offers to consumers for trading.

2018-10-23 22:00


Coinbase добавила поддержку стейблкоина USDC

Американская криптовалютная компания Coinbase добавила поддержку стейблкоина USDC от биткоин-стартапа Circle на платформе Coinbase. com и в мобильных приложения для iOS и Android. Coinbase is launching support for the USDC stablecoin.

2018-10-23 20:16


Фото:

Stronghold and ibm plan to launch FDIC-insured stablecoin

Stronghold, a cryptocurrency trading platform housed by Stellar, is launching a stablecoin on its parent network’s blockchain in collaboration with IBM. The stablecoin is also purportedly protected by FDIC Insurance, something no other stablecoin or cryptocurrency company — bar Coinbase and Gemini — can claim. As an exchange, Stronghold acts as a Stellar network anchor,

2018-7-18 00:41


Фото:

Проект стабильной криптовалюты получил поддержку более 40 инвесторов

Согласно пресс-релизу, новый проект стабилизированной криптовалюты (stablecoin), которая будет функционировать как “обычные деньги”, получил поддержку от Peter Thiel, Coinbase, Distributed Global, GSR.

2018-6-21 23:59


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