Circle issue its own dollar stablon USDC


Circle issue its own dollar stablon USDC

Announced by the company coin will be managed by a consortium of CENTRE, in which Circle would later become the only one of the participants.

Looks like tablconv will never be enough — this time about the plan to release their own coin with reference to the U.S. dollar, according to Circle.

The center around which will form the ecosystem of the new coins will be the consortium at the CENTRE of technological support Sircle, the company reports separately, emphasizes this nuance.

CENTRE notes that the project has received the support of more than thirty companies, among which crypto currency exchange, payment systems operators, platforms, protocols and wallet providers.

To include in the listing USDC, in addition to a controlled Circle of crypto currency exchange Poloniex, volunteered also DigiFinex, CoinEx, Poloniex, KuCoin, OKCoin, Coinplug and XDAEX, as well as decentralized trading platform IDEX, Paradex, Radar Relay, and Tokenlon.

Note that since the beginning of September, the market received several new tablconv, three — pegged to the dollar, and one with the Swiss franc.

Coins with different characteristics — fully adjustable (according to some, even over-regulated) GUSD the Winklevoss brothers, who managed to increase its volume more than doubled to CarbonUSD, the stability of the exchange rate which needs to determine its algorithm.

However, last week the adjustable stablein began to bargain against the mixed — Tether — crypto currency exchange HitBTC. However, USDC, too, will not escape this fate. Poloniex has announced that the auction of the new coin will begin on September 27 in pairs with bitcoin, ether and USDT.

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