Circle’s refusal to ‘burn and reissue’ stolen USDC angers prosecutors, report
Prosecutors in Wisconsin and New York are upset with stablecoin giant Circle after it repeatedly hindered attempts to recover stolen funds.
Prosecutors in Wisconsin and New York are upset with stablecoin giant Circle after it repeatedly hindered attempts to recover stolen funds.
A number of South Korean firms, including Samsung, reportedly haven’t agreed partner with stablecoin newcomer Open USD.
OUSD, which borrows heavily from Hyperliquid’s USDH playbook, is a new stablecoin that a consortium of more than 140 companies will operate.
USDT and USDC are still competing for dominance of the USD stablecoin market, both showing a willingness to get close to Trump.
Tether has pledged up to $127.5M to help Drift “support user recovery and relaunch the Drift platform” after a $285M hack.