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RE: Daily Crypto Markets Live Blog: Bitcoin to $50,000? (08/16/21)

in LeoFinance4 years ago

Circle, the primary developer of $USDC, is getting ready to become a full-reserve digital bank.

Will this move make USDC the ultimate stablecoin? Still not better than HBD. 😋

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HBD needs to expand a great deal before we can see it moving up the ranks. LOL

USDC is going to get some attention if Circle gets into the banking game. That will already put them in the hands of the regulators which actually bodes well for USDC.

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That's right Task. We need HBD on LPs on DEXs and more pairs on CEXs.

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Well...it sounds like good news for Circle but I think the regulations will be much more strict. I expect the Fed and the government to stick their hands inside.

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That's right! The government would not want anyone else to take over their control.

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