ZEN INVESTING
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US Crypto Crackdown Hurts USD Coin
Circle CEO Jeremy Allaire has blamed the declining market capitalization of USD Coin (USDC) on the cryptocurrency crackdown by US regulators. Allaire cited global concern about the US banking system and regulatory environment as major factors.
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Circle CEO Allaire Supports Binance Stablecoin Decision
Circle CEO said the recent move by Binance to merge stablecoins could help make USDC the standard stablecoin rail between centralized exchanges and decentralized Exchanges.