In a move that will likely infuriate staffers further, Coinbase’s CEO Brian Armstrong has already violated the no politics policy that he was insistent on enforcing.
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Circle’s USDC stablecoin launches on the fourth blockchain with Solana partnership
Circle also announced that its USD Coin will also be involved in three more projects
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."
- Stellar CEO and executive director Denelle Dixon announced that USD Coin is coming to Stellar (Photo: Stellar Foundation)
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.
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Coinbase’s chief compliance officer leaving, as dozens of staffers take exit package
Jeff Horowitz’s departure is said to be unrelated to Coinbase’s controversial decision to adopt an ‘apolitical’ stance on societal issues
Horowitz joined Coinbase in the middle of 2018 after spending 12 years at Pershing LLC, a BNY Mellon company. In an announcement at the time, the exchange described his appointment as an important step in its quest to become “the world’s most trusted and easiest to use cryptocurrency service.”