Circle: USDC to Be Backed 100% by Cash, US Treasurys by September
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Watch CoinDesk Video: Circle: USDC to Be Backed 100% by Cash, US Treasurys by September. By September, Circle announced its stablecoin USDC would be 100% backed by cash and short-term U.S. government Treasurys. This following the USDC developer revealing in July only 61% of tokens were backed by cash and money-market funds, amid plans to go public via a SPAC deal that would value the firm at $4.5 billion. "The Hash" team discusses the latest development in the world of stablecoins in the thick of mounting regulatory pressure.
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Bitcoin and other crypto news, prices and info. Visa Takes First Step into NFT, USDC To Be Backed 100% by Cash, U.S. Treasurys by September. Circle: USDC Backed 61% by Cash and Cash Equivalents. SEC Subpoenas USDC Stablecoin Backer Circle. CRYPTO STABLECOIN USDC & CIRCLE UNDER INVESTIGATION BY THE SEC. USDC Backer Circle to Go Public in SPAC Deal. USDC Stablecoin Backer Circle to Go Public in $4.5B SPAC Deal. Circle, USDC and Dharma: Powering The Next Wave of DeFi Access. THE CIRCLE USDC NATIONAL CRYPTO BANK IS COMING. WATCH OUT!. 1089 (Part 2) - Bitcoin ETF Lại Bị Delay | USDC Circle Lên Sàn Chứng Khoá. USDC Builder Circle Wants to Become a 'Full-Reserve National Commercial Bank'. Private Israeli Spyware Hacked Journalists' Phones. Circle Reveals Assets Backing USDC Stablecoin. TETHER 2.9% CASH BACKED [BIG ALERT] Bull Market Continues - Programmer explains.
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