Operation Dharma, Code Name Grow Decentralized Finance, Opens Up USDC for P2P Lending

2019-5-23 06:35

As part of its efforts to attract mainstream investors, cryptocurrency lending platform Dharma is adding support for USDC in addition to Dai, an Ether-backed stablecoin. This is in a bid to increase investors’ confidence, since a U.

S Dollar-backed stablecoin like USDC will be more easily trusted than Dai which is backed by a cryptocurrency. “Some […].

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Circle’s Stablecoin USDC Launches on Hedera Hashgraph’s Network

Fulfilling its promise to expand to more blockchain protocols in the coming months, USDT close rival USDC has recently launched on the Hedera network. The announcement by popular stablecoin issuer Circle on Monday, October 18, makes the asset the first stablecoin to launch on the network.

SEC Sends an “Investigative Subpoena” to USDC Issuer Circle

The US Securities and Exchange Commission (SEC) sent an “investigative subpoena” to the issuer of USDC stablecoin Circle in July of this year, according to a filing. Circle made this disclosure as part of a filing about its plans to go public through a merger with the special purpose acquisition company (SPAC), Concord Acquisition Corp.