USDC

Coinbase-Backed Crypto Rating Council Lists IOTA, BAT, and USDC

The question of whether certain cryptocurrencies constitute securities is becoming increasingly relevant within the blockchain industry. As such, some core players in the space are upping their efforts to bring more understanding to the issue.The Crypto Rating Council, or CRC, is a group of major United States’ crypto firms that advocates and promotes regulatory clarity in crypto. Recently, the CRC evaluated a number of new cryptocurrencies to determine whether they should show signs of being securities.Three new tokens are analyzedIn an April 2 blog post, the CRC published an introduction

IOTA Set for More Exposure on U.S Exchanges After New 2.0 CRC Rating

IOTA (MIOTA), the native token of the distributed ledger technology project led by the IOTA Foundation, could potentially be listed on more cryptocurrency exchanges in the United States in the coming weeks, Coinfomania has learned. The anticipated listing spree, which has already begun with a Bittrex Exchange listing earlier today, follows a recent rating report published by the Crypto Rating Council (CRC) on IOTA. The digital asset has until now been sparsely traded on U.S exchanges. The reason is that its properties and mode of initial distribution (a token sale)

1.1 Million In USDC Invested Into Uniswap and PoolTogether By Coinbase

Coinbase, one of the world’s heavyweight exchanges, has recently invested 1.1 million in USDC to the decentralized finance protocols of PoolTogether and Uniswap.Pushing In 1.1 Million In USDC To Smart ContractsAccording to the announcement the San Francisco-based crypto exchange had made, the funding itself comes from its USDC Bootstrap Fund. This Fund was created back in September of last year, with an initial funding clocking in at $2 million. The move itself comes as a bid from the exchange to stimulate the growth of the USDC within the Decentralized Finance

Coinbase Bootstraps USDC; Invests $1.1M in DeFi Products Uniswap and PoolTogether

 Leading US-based cryptocurrency exchange and wallet provider, Coinbase has announced that it has made a direct investment up to the tune of $1.1 million in two different Decentralized Finance (DeFi) products – Uniswap and PoolTogether.  According to the official announcement today, the funding was made via the exchange’s stablecoin, USD Coin (USDC) and it is part of Coinbase efforts to increase the projects’ chances of competing against other existing financial products.  Uniswap The Uniswap platform is an automated market maker built on the Ethereum blockchain that is currently simplifying exchanges’