Circle chairman and CEO Jeremy Allaire praised the Solana blockchain, saying "decentralized blockchain infrastructure is entering its 3rd generation with blockchains such as Solana, providing speed, efficiency and throughput that rivals most centralized financial market infrastructure."
USD Coin coming to Stellar network
The addition of the second-largest stablecoin adds an important source of liquidity to the international payments network
The announcement by Circle and Coinbase’s Centre Consortium makes the Stellar network the third blockchain to offer native support for USDC, joining Algorand and Ethereum.
Circle, Coinbase say USD Coin passes $1B
The market cap milestone makes the USDC stablecoin a contender in a ring dominated by Tether
Working together as the Centre Consortium, the firms claimed in a blog post that USDC reached that milestone quicker than any other digital dollar stablecoin. Most of that increase came on June 22, when the supply jumped from about $731 million to $920 million—rising by about one-third.
‘Completely pointless’ Maker Foundation to dissolve
New proposals seek to turn MakerDAO into a truly decentralized, self-sustaining organization, ending a vicious cycle of ‘urgency, apathy, distraction, and denial’
MakerDAO founder Rune Christensen unveiled proposals yesterday that will effectively cause what he believes has become a “completely pointless” Maker Foundation to dissolve over the next few years, allowing the decentralized autonomous organization live up to its name.