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Coinbase helped build USDC – Why is it now backing the stablecoin trying to replace it, Open USD?

By cryptoslate.com · · 1 min read
Coinbase helped build USDC – Why is it now backing the stablecoin trying to replace it, Open USD?

The stablecoin market has long rewarded the companies that issue digital dollars. They take in customer cash, hold reserves in short-term government securities, and earn the yield. Now, the companies that distribute those tokens want more o

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