Stablecoins can mediate between central bank digital currencies and the consumer payments universe, says Sila's Alex Lipton.
USD Coin price
About USD Coin
USD Coin (USDC) is a stablecoin fully backed by the US dollar and developed by the CENTRE consortium. Coinbase customers with US dollar accounts may exchange 1 USDC for US$1.00 (and vice versa) on Coinbase in jurisdictions where USDC support is available. The graph above reflects USDC’s current and historical redemption value of US$1.00, which may not match the price of USDC on other exchanges. USDC is an Ethereum token and is the only fiat-backed stablecoin currently supported by Coinbase.
The Digital Dollar Project has published a new white paper. The post Giancarlo: Now is the time for the U.S. to jump into the digital currency game appeared first on The Block.
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