A big change is underway for the world’s second-largest stablecoin. USD Coin (USDC), launched by Coinbase and Circle, will not be backed by US dollars only. Coinbase president and chief operating officer Emilie Choi says all of the company’s USDC reserves will be backed by a combination of cash and short-duration U.S. Treasury bonds, starting […]The post Coinbase and Circle Shift Reserves for the World’s Second-Largest Stablecoin – USDC appeared first on The Daily Hodl.