World News: 02:00 GMT Wednesday 15th May 2019. [Yahoo Business News Feed via SPi World News]
By CCN: Given the widely publicized troubles faced by Tether (USDT), there is a massive opportunity for a competitor to wade into the stablecoin arena. It appears that Coinbase will be that adversary, as the crypto exchange is taking the opportunity to double down on USDT’s problems and expand USD Coin (USDC) trading into 85 countries. USDT is the result of a collaboration between Coinbase and Jeremy Allaire’s Circle. According to the Coinbase website, the exchange does not support USDT. Coinbase Is Going All in With USDC Expansion It’s an incredibly sharp move by Coinbase, and the timing couldn’t be
Read More: https://news.yahoo.com/coinbase-goes-tether-throat-catapults-010005235.html
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