USDC Stablecoin Issuer Centre Hires Wall Street Veteran David Puth as CEO

Centre, the Coinbase- and Circle-founded project that oversees the USDC stablecoin, has hired Wall Street veteran David Puth as its new CEO.

USDC set to land on Stellar in 2021

Stellar joins the ranks of Ethereum and Algorand. The Centre consortium announced on Thursday that USD Coin (USDC) will soon be available on the Stellar blockchain. This marks the first time that a major stablecoin will be made available on the platform, joining the ranks of Anchor USD, WhiteStandard and some others.

Coinbase and Circle Add Algorand Blockchain to Multi-Chain USDC Stablecoin Framework—Faster than Ethereum

Coinbase and Circle Centre Consortium have expanded USDC from Ethereum to Algorand’s blockchain as part of its multi-chain USDC framework.

Centre Launches USDC 2.0, Introduces New Functionalities

The Centre Consortium, an entity established by Circle and Coinbase to manage the USD Coin (USDC), has launched a major upgrade to the stablecoin, claiming the move will significantly improve its usability and security. “Today's update comes at a time when USDC has punched through [USD] 1.4 billion market cap solidifying its position as the fastest growing regulated

‘Gasless’ Technical Update Brings USDC One Step Closer to Venmo

Users do not have to pre-fund their USDC-bearing wallet with ether before every transaction, according to Centre.

Centre Obliges Government Request, Freezes Address With $100,000 USDC

Centre Consortium has blacklisted an ethereum address holding $100,000 in USDC, a move that the entity says was “in response to a request from law enforcement.” A joint venture between Circle and Coinbase, Centre is the issuer of the dollar-pegged USDC stablecoin, which runs on the Ethereum blockchain.

Former US Treasury Secretary Larry Summers Expects ‘A Ton of Innovation’ Around Stablecoins

Former US Treasury Secretary Lawrence Summers praised stablecoins last week, saying he sees use cases in cross-border transactions as one example.