Coinbase and Circle, the firms driving USD Coin (USDC), solidified amendments on Monday, signifying a stride in USDC’s governance and financial structure. A pivotal aspect of the transformation entails Coinbase’s inaugural acquisition of equity in Circle and the collaborative decision to discontinue the Centre Consortium, previously responsible for overseeing the stablecoin. This revised agreement stands … Continue reading Circle Gets A “Bailout” From Coinbase As Firm Takes “Minority Equity” In Stablecoin Operator