USDC is the second-largest stablecoin, trailing only Tether’s USDT, and a backbone of the crypto ecosystem. The token’s value is backed by U.S. government bonds and cash-like assets, including a total $11.1 billion of cash deposits at various regulated banks, according to Circle’s website.
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Crypto-friendly Stripe weighs public offering: Report
Internet payment processor Stripe is reportedly eyeing a public offering and has set a 12-month timeline to explore the possibility.Stripe has hired Goldman Sachs...