USDC Maker Finally Launching Wrapped Bitcoin Token
Circle, the financial technology company best known for creating the widely used USDC stablecoin, has announced the upcoming launch of Circle Wrapped Bitcoin (cirBTC). The token is supposed to bridge the bellwether cryptocurrency into the Decentralized Finance (DeFi) ecosystem.What exactly is…
Ripple Burns 40 Million RLUSD After Community Demands Explanation
Ripple has conducted a large RLUSD burn in less than an hour as the San Francisco-based blockchain firm remains committed to controlling the amount of its stablecoin in circulation.As of Thursday April 2, Ripple Stablecoin Tracker, a platform that monitors the minting and burning of RLUSD tokens,…
CME Group Reveals Key Date for Crypto Futures Traders
Leading derivatives marketplace CME Group has confirmed a key date for crypto futures traders. In a tweet, CME Group mentioned May 29 as the date traders will be able to trade crypto futures and options 24/7, pending regulatory review.In a non-stop market, a strategy that sleeps is a strategy that…