Stellar-Based Circle’s Major Move: Big Announcement on the Horizon for USDC Rival PayPal PYUSD and Tether (USDT) in Billion-Dollar Market

Circle, the USDC issuer, is set to make a major announcement following Coinbase’s stake acquisition, coinciding with efforts to regulate the stablecoin market in the US. Paul Grewal, Coinbase’s Chief Legal Officer, highlights the confusing regulatory landscape for US stablecoin legislation and the risk of losing the market offshore. Circle, the issuer of the USDC […

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