The startup Circle launched its own stablon USDC. What does it mean?

Date:

2018-09-27 15:15:06

Views:

3512

Rating:

1Like 0Dislike

Share:

The startup Circle launched its own stablon USDC. What does it mean? Source:

Cryptocurrency startup Circle, the owner of the Poloniex exchange, released stablon token that provided the dollar. Coin received the name of USDC, writes .

The company say that in the near future the coin will appear in the listing of several major exchanges, including decentralized. Among them DigiFinex, CoinEx, KuCoin, OKCoin, Coinplug, XDAEX and other platforms. First, the token will only be available on the exchange Poloniex. Its holders will also be able to store their coins in wallets, BitGo, Cobo, Coinbase Wallet, CoolWallet S, Elph, imToken, , Status and Trust.

the

New stabilini

USDC developed a subsidiary company called Circle CENTRE and will allow you to easily move licenzirovanie dollars in the public block chain.

Buy the coin while it is possible only for US dollars, but bring USDC in Fiat money will at any time and for any Bank account, add to Circle.

It is transparent, safe and trustworthy tool which allows you to replace Fiat money. So we can take a step towards a truly revolutionary global economy based on cryptocurrency.

In early September, own stablon exchange brothers the Winklevoss Gemini. The token was named GUSD and is based on the standard ERC-20, the Issuer is a subsidiary company exchange Gemini Trust. The company argued that the GUSD pegged to the dollar at a 1:1 ratio, and funds for its support are stored in the accounts of the Gemini Trust American Bank State Street Bank.

In July, scientists from the University of Texas said that provided the dollar token Tether was used to manipulate the Bitcoin exchange rate at the end of 2017. The researchers claimed that it has an impact not only on the first cryptocurrency, but also on the entire market.

Recommended

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...

Comments (0)

This article has no comment, be the first!

Add comment

Related News

VEB and the Grozny mayor's office transferred the housing sector on the blockchain

VEB and the Grozny mayor's office transferred the housing sector on the blockchain

In February, the first Deputy Chairman of VTB Olga Dergunova positively the prospects of the blockchain. According to her, the technology will improve the speed of transactions and security standards. To move from words to action ...

Hacker 1337. How to hack Etherscan not to cause any harm

Hacker 1337. How to hack Etherscan not to cause any harm

Monday on the website Etherscan.io appeared a pop-up message with the numbers 1337. The visitors began to panic and spread rumors about hacking Explorer. really hacked, but the damage from a hacker attack was zero. About it writes...

Analyze graphs: grow the Ethereum until the end of the week?

Analyze graphs: grow the Ethereum until the end of the week?

Shopping a pair of ETHUSD faced very strong pressure, which again lowered the cryptocurrency to the level of $ 210. A small outflow capitalisation coins even became the cause of the displacement of Ethereum in third place . This i...

AMD is preparing to release a new graphics card. Waiting for the top RX 590?

AMD is preparing to release a new graphics card. Waiting for the top RX 590?

Very soon, AMD may release a new graphics card. In a recent patch to the Linux kernel noticed a previously unknown ID of the graphics chip Polaris with a mysterious name 0x6FDF. There is a high probability that it may be fresh or ...

Analyze graphics: when Bitcoin will start to grow?

Analyze graphics: when Bitcoin will start to grow?

the trendline has become an insurmountable obstacle for the bulls. The sellers again pushed the Bitcoin price to the lower boundary of the triangle, which had been formed on 4-hour chart. Briefly about the situation of trade BTCUS...

The bitter truth: Bitcoin is heavily dependent on the actions of officials and banks

The bitter truth: Bitcoin is heavily dependent on the actions of officials and banks

news about the enactment of laws that relate to cryptocurrency, continues to strongly influence the rate of Bitcoin. This is stated in the study, Bank for international settlements (BIS), which leads . the financial report of the ...

Alive: by the end of 2019 volume cryptoforge will grow by 50 percent

Alive: by the end of 2019 volume cryptoforge will grow by 50 percent

Until the end of 2019, the volume of the cryptocurrency trade will grow by 50 percent compared with current figures. This is stated in the research company Satis Group, which leads . Now 75 per cent of transactions with digital mo...

The train leaves: the Ripple again preparing for growth

The train leaves: the Ripple again preparing for growth

If you missed the explosive Ripple last week, no problem. Looking at the chart, cryptocurrency still has «fuel» for the conquest of new tops. in the meantime, in the auction of the coins stood out for three important eve...

How to mine Bitcoin Anonymous? The profitability of production ANON and settings for the pool

How to mine Bitcoin Anonymous? The profitability of production ANON and settings for the pool

ANON — a new ambitious project. According to the developers, the cryptocurrency created for a new level of privacy of the users who deserve it. Coin there are only two weeks, but has already managed to surprise crazy profitability...

Disappointment of the year: 70 percent of the tokens are worth less than during the ICO

Disappointment of the year: 70 percent of the tokens are worth less than during the ICO

the Amount of money that can be raised-the project was becoming less important for the market. The reason is that 70 percent of the tokens are worth less than at the time of the initial placement. This is stated in the research co...

Acne Buterin suggested to scale Ethereum with the Protocol of ZK-SNARKs

Acne Buterin suggested to scale Ethereum with the Protocol of ZK-SNARKs

co-Founder Vitalik Buterin suggested to use for scaling network-coin Protocol zk-SNARKs, which was first used zcash for. About it writes . With this proposal, the entrepreneur acted in his Twitter. According to him, ZK-SNARKs will...

Who dropped the market? Trustee Of The Mt.Gox sold crypts 230 million dollars

Who dropped the market? Trustee Of The Mt.Gox sold crypts 230 million dollars

From March to June, the Trustee, the once largest Bitcoin exchange Mt.Gox, Nobuaki Kobayashi brought 25,98 billion yen (230 million dollars) in bitcoins and Cash, and then sold the coins. Still the businessman preferred not to rev...

Google cancels the ban on advertising of crypto-currencies. Waiting for growth?

Google cancels the ban on advertising of crypto-currencies. Waiting for growth?

Yesterday Google has made some amendments to the policy advertising third-party sites. Now the company is not against advertising crypts, but with some stringent conditions. We will remind, the ban on advertising of crypto-currenc...

The worst bug in the history of Bitcoin since 2010. Who made a mistake?

The worst bug in the history of Bitcoin since 2010. Who made a mistake?

Bitcoin Core Developer John Newbery called himself responsible for a major bug in the Bitcoin network since 2010. We are talking about discovered previously impossible to hack the blockchain cryptocurrency and the first to break t...

Now just growth: Walmart will track the freshness of products using blockchain

Now just growth: Walmart will track the freshness of products using blockchain

Now the freshness of some products in the network of wholesale stores, Sam’s Club will be monitored through the blockchain. Guide Walmart demanded that his division be the first to integrate new technology to create a specia...

Ebang Communication has announced a new ASIC miners. Whether Bitmain to be afraid of?

Ebang Communication has announced a new ASIC miners. Whether Bitmain to be afraid of?

In the Digital World Mining Summit in Tbilisi Chinese manufacturer of ASIC chips, today announced the release of a new line of equipment for mining. Ebang Communication will please miners from three new usikami with hasraton 30-44...

How to distinguish

How to distinguish "clean" bitcoins from criminal? Response cryptocurrency tracker

Analytical publication about cryptocurrency Longhash launched its own Bicton tracker — it will allow users to track the reliability of addresses in the network, the first cryptocurrency and increase its transparency. About it writ...

A small pullback: what is the reason for today's fall of Bitcoin?

A small pullback: what is the reason for today's fall of Bitcoin?

Tuesday was not such a good day for the bulls — Bitcoin lost nearly 3.5 percent of the cost for a day after failing to get above the resistance line. At the moment the asset is gradually reduced to the main support. Key events: th...

Gone era: Iceland changes mining for

Gone era: Iceland changes mining for "clean blockchain business"

In the near future working in the Icelandic cryptocurrency startups will abandon mining in favor of "clean blockchain business", that is, create products based on a distributed registry. About it writes . With the corresponding st...

Time to buy: top 5 most undervalued altcoins

Time to buy: top 5 most undervalued altcoins

Expectations and reality rarely converge. It happens with the stock market, where the real asset price does not always reflect their usefulness. The service has made a rating of the five most undervalued coins on Coinmarketcap. Ac...