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 Cryptography
New Cryptography latest news, images, analysis about WebJuly 05, 2022. The first four algorithms NIST has announced for post-quantum cryptography are based on structured lattices and hash functions, two families of math problems that could resist a quantum computer's assault. Credit: N. Hanacek/NIST.
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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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