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Maker Accepts USDC as a Collateral, Becomes 'Less Trustless' + More News


Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. DeFi news As a result of an Executive Vote held today, MKR holders have accepted USD Coin (USDC) as a new collateral asset in...

MakerDAO Adds USDC as DeFi Collateral Following ‘Black Thursday’ Chaos


MakerDAO has added a third asset to its decentralized finance (DeFi) platform, USD Coin (USDC), in response to the system’s flagship stablecoin, dai, continuing to float above its dollar peg. Passed Tuesday at 2:58 UTC, the Coinbase- and Circle-backed USDC is now available for use as collateral...

Coinbase Expands Crypto Offerings to New York Residents; Adds ZCash and USDC


Global crypto trading platform Coinbase, on Tuesday, made two new tokens, ZCash and USDC available for New York residents. The New Yorkers can now access these tokens via the Coinbase website or Coinbase mobile application that is available on both, Android and iOS. Zcash ($ZEC) is now available...

Bitpay Users Can Now Purchase Crypto With Fiat In-App


On January 23, the cryptocurrency payment firm Bitpay announced it will be allowing customers to purchase digital assets using the Bitpay platform. The Atlanta-based company partnered with fiat-to-crypto payment processor Simplex to offer the crypto purchasing experience. Bitpay says the latest...

Stablecoins Are Crypto’s Version of Fractional Reserve Banking


Stablecoins provide much sought after stability in the volatile crypto markets. They are sometimes even said to affect the price of bitcoin in drastic fashion. Tether (USDT) in particular continues to be widely scrutinized for this, with recent lawsuits about conflicts of interest and price...

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