The Centre Consortium, co-operatively overseen by Circle and Coinbase, is currently in the process of being closed down. Consequently, Circle will be taking over the internal management of issuance and governance for the USDC stablecoin.
New Bitcoins Enter Circulation
New Bitcoins Enter Circulation latest news, images, analysis about After the maximum number of bitcoins is reached, even if that number is ultimately slightly below 21 million, no new bitcoins will be issued. Bitcoin transactions will continue to be pooled into blocks and processed, and Bitcoin miners will continue to be rewarded, but likely only with transaction processing fees.2 … See more
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Prior to its official launch on Wednesday as a novel layer-2 network built on Ethereum, Base had already accumulated an impressive sum of nearly $166 million on the blockchain.
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The leading Democratic representative on the House Financial Services Committee emphasized the necessity of establishing federal regulations prior to a company of PayPal's magnitude launching a stablecoin.
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