Stable Standard - Week of October 28, 2024
stablestandard.substack.com · 645 words · saved by 1 readers
USDC's 6th anniversary, Another take on the Stripe-Bridge deal, Treasury report draws Wildcat Banking parallels, and Shift4's pay with crypto launch
Source - Treasury Department Report Slide #132 🎂 USDC Turns Six Two weeks ago, USDC celebrated its 6th anniversary. The stablecoin was initially launched on October 23, 2018, via a joint venture between Coinbase and Circle called the Centre Consortium. Circle, founded in 2013, began with consumer Bitcoin payment products. Since then, the company has launched and pivoted multiple times (including ventures like Poloniex and "Blockchain not Bitcoin") until they sold their digital asset trading platform in 2020 and shut down their original Circle Pay app in 2019 to focus solely on USDC.…
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