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Nalezeno "U.S. dollar-pegged token": 16

USDC Goes L2: Circle’s Stablecoin to Make Its Native Debut on Arbitrum


Stablecoin provider, Circle Internet Financial, has revealed that its dollar-pegged token, USDC, will be natively introduced on the layer two (L2) blockchain Arbitrum on June 8. The announcement follows Circle’s disclosure of its euro-pegged coin, EUROC, merging with the Avalanche blockchain...

Coinbase to Suspend Trading of BUSD Amid Regulatory Crackdown


Cryptocurrency exchange Coinbase announced it will suspend trading and delist the Paxos-managed stablecoin asset BUSD. The decision follows Paxos’ revelation that the New York State Department of Financial Services directed the firm to stop issuing the U.S. dollar-pegged token BUSD. Coinbase...

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