Coinbase is acquiring a minority stake in Circle
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Aug 23
Coinbase is acquiring a minority stake in Circle, USDC stablecoin operator Coinbase is increasing its support for stablecoins with an investment in Circle. The companies are also assigning full control of $USDC issuance and governance to Circle while disbanding Centre Consortium, their joint organization founded to manage the stablecoin. Moreover, six new blockchains will integrate with $USDC, taking the total to fifteen. Though not identified, Polkadot, Near, Optimism and Cosmos are chains C...

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