Key highlights: Circle CEO Jeremy Allaire fancies his company’s long-term chances amid new competition from OpenUSD The Circle CEO criticized OpenUSD’s model while dispelling rumors of severing ties with Coinbase Following OpenUSD’s announcement, Circle stock slumped by double digits, but pundits dismissed it as a normal market reaction Circle CEO Jeremy Allaire has downplayed claims […]
Tag: USDT
WhiteBIT, the largest European cryptocurrency exchange by traffic, has announced the launch of TradeFi — a new market category designed to give users the opportunity to trade traditional financial instruments just like crypto. The new category is aimed both at existing crypto traders seeking broader market exposure and at users familiar with traditional markets who […]
Key highlights: StablecoinX debuted on Nasdaq under the ticker USDE. The company holds 20% of Ethena’s total supply. StablecoinX raised $890 million in PIPE financing to support its ENA strategy. StablecoinX has officially launched its plans to enter the public market. This would give traders a new way to invest in the Ethena ecosystem. According […]