Newsflash: Bitcoin Unicorn Circle Launches USD-Pegged Cryptocurrency

Newsflash: Bitcoin Unicorn Circle Launches USD-Pegged Cryptocurrency

Circle, the $3 billion bitcoin startup backed by investment banking giant Goldman Sachs, has created a cryptocurrency “stablecoin” whose value is pegged to the U.S. dollar and backed by physical currency stored in company-owned bank accounts. Announced on Tuesday, the new cryptocurrency — USD Coin (USDC) — will allow individuals and institutions to tokenize physical

The post Newsflash: Bitcoin Unicorn Circle Launches USD-Pegged Cryptocurrency appeared first on CCN


Join our Bitcoin Insiders Email Group!
You will be the first to know about upcoming products and services. You will also be entered to win weekly giveaways!
We respect your privacy.