Circle IPO traders send wrong CRCL stock up 16,000%
Circle (CRCL) is going public this week, but traders transposed their excitement to another CRCL stock, which spiked 16,000%.
Circle (CRCL) is going public this week, but traders transposed their excitement to another CRCL stock, which spiked 16,000%.
Circle and Tether, the two largest stablecoins, have adopted different tactics when it comes to the management of their reserves.
Donald Trump-endorsed USD1 stablecoin has grown to over $2 billion in market capitalization but provides no transparency.
Bank of America is happy to pay lobbyists to convince the US government to pass laws and rules favoring bank-operated stablecoins.
Ripple is selling over a billion dollars worth of cash, equity, and XRP tokens to fund an acquisition that it hopes will boost RLUSD volumes.