Bitcoin (BTC) $89,609.93 0.59%
Ethereum (ETH) $3,041.56 1.00%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 132.886579 1.00%
Dogecoin (DOGE) $0.14 1.44%
Cardano (ADA) $0.42 1.61%
Chainlink (LINK) $13.99 3.84%
Litecoin (LTC) $82.16 2.60%
Dash (DASH) $47.54 1.08%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 1.954297 1.50%
X-CASH (XCASH) 1.0E-6 0.00%

Cryptocurrencies: 28005

Markets: 116055

Market Cap: $3,052,473,135,211

24h Vol: $86,926,750,486

Coin-turk.com

2023-08-07 14:45:38

Binance’s Stablecoin Strategy According to Coinbase CEO’s Statements

Binance’s Stablecoin Strategy According to Coinbase CEO’s Statements

Coinbase CEO Brian Armstrong’s response to a question about USD Coin during the company’s second-quarter earnings announcement drew attention to some of his statements. When commenting on the market value of USDC, Armstrong mentioned that Binance had moved some of its funds from USDC to another stablecoin, but he also emphasized that the market value of USDC was maintained. “In fact, Binance moved some of its funds from USDC to another stablecoin.The post Binance’s Stablecoin Strategy According to Coinbase CEO’s Statements appeared first on COINTURK NEWS.

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