Stablecoin usage remain high despite crypto winter.

Reflexity Research cofounder Will Clemente tweeted on December 5 that stablecoins were one of the few crypto use cases that have found product market fit despite the current market condition. The post Stablecoin usage remain high despite crypto winter appeared first on CryptoSlate. origin »

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Circle cancels plans to go public amid return to profitability.

Circle, the company that issues the USD Coin (USDC) stablecoin, has terminated its plans to go public via a special purpose acquisition deal with Concord Acquisition Corp (NYSE:CND). The stablecoin issuer said in an announcement on Monday that the Board of Directors of both Circle and Concord had approved the cancellation. origin »

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