
Binance denies users were affected by alleged $1.8B stablecoin collateral transfer
The exchange insists that its actions only affected its own ledger.
Follow stablecoin news, issuer updates, market share changes, regulation, reserve transparency, and payment adoption trends.

Jeremy Allaire insists that stablecoins can be treated as payment systems.

Wall Street Journal reported that the SEC was investigating whether stablecoins are products issued in violation of investor-protection laws.

Circle finance chief Jeremy Fox-Geen said the firm expects to employ up to 225 workers to join its 900-member workforce.

The bank chief believes tokenized deposits and central bank digital currencies (CBDCs) can make the financial industry more efficient.

The stablecoin issuer says that it is working constructively with the SEC.

USDC issuer Circle engages with Central Bank of Ireland to promote the benefits of blockchain for improving consumer protection



