Stablecoins Updates: Circle Raises Red Flag For Consumer Accounts, Tether May Grab With Minimum Limit
Circle’s loss may prove to be Tether’s gain as the former ceased support for stablecoin USDC. Separately, Tether accounted for its highest cash reserves. Industry titans BlackRock, DTCC, OCC, State Street, Société Générale, Hedera, Citi, BMO, Northern Trust, Citibank, Amazon, S&P Global, Google, Invesco, and Moody’s will…