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USDC
What Coinbase's Rate on USDC Reveals About Crypto Credit Risk
Coinbase's below-market interest rate on deposits of the stablecoin USD coin (USDC) reveals customers might prefer lower risk, lower reward. "What is the best way to store dollars? Is it still a bank account, or is it something like this?" host Adam B. Levine asked. "Do we trust Coinbase as much as we trust banks?"

USDC Stablecoin Backer Circle to Go Public in $4.5B SPAC Deal
Jeremy Allaire’s Circle, which issues stablecoin USD coin (USDC), is going public in a special purpose acquisition company (SPAC) deal that values the firm at $4.5 billion. “This deal matters because it’s a continuation of crypto companies making good, going public, and infiltrating the traditional world,” host Adam B. Levine said.

USDC Is Only Circle’s Second-Biggest Business, SPAC Filing Shows
“Transaction and treasury services,” with clients including Dapper Labs, Compound Labs and FTX, is the soon-to-be-public company’s top revenue source.

Circle CEO Says USDC to Take High Road, But It's a Long Road
Jeremy Allaire made the promise at a time when investors have been demanding more transparency around USDC.

Circle Says It Lost $2M to Email Fraudsters in June
The USDC issuer said in an SEC filing that customer funds were not impacted by the incident.

USDC Backer Circle to Go Public in SPAC Deal
Amid much debate on the outlook for stablecoin regulation, Jeremy Allaire’s Circle, which issues stablecoin USD coin (USDC), is going public in a special purpose acquisition company (SPAC) deal. “Circle has a huge opportunity to provide more transparency than any other stablecoin issuer,” CoinDesk’s Nikhilesh De said.

Market Wrap: Ether Outperforms Bitcoin as Crypto Sentiment Improves
Ether is attempting to break above the 50-day moving average for the first time since March.

Only 4%? Coinbase Rate on USDC Reveals Focus on Crypto Credit Risk
Greater risk, greater reward? When it comes to USDC deposits, customers might prefer lower risk, lower reward.

USDC on Tron Blockchain Surpasses $100M 2 Days After Public Unveiling
The circulating supply of stablecoin USD coin (USDC) on Justin Sun's Tron blockchain has surpassed 108 million in less than a month. Some say this indicates that crypto traders are increasingly turning to blockchains that provide cheaper transaction fees with faster speed than what's found on Ethereum. "The Hash" hosts explore the continuing growth of stablecoins and whether USDC is set to defeat tether (USDT) as the dominant stablecoin.

Market Wrap: Bitcoin Rangebound Into the Weekend, Lags Crypto Stocks
The cryptocurrency is expected to hold support above $30,000.
