L'integrazione Circle di Router Protocol rende USDC interoperabile

Router Protocol, una piattaforma infrastrutturale cross-chain progettata per consentire la comunicazione tra blockchain, ha integrato il Cross-Chain Transfer Protocol di Circle per rendere interoperabile la stablecoin USD Coin (USDC). Lo sviluppo arriva circa due mesi da quando Circle ha svelato il suo protocollo di trasferimento cross-chain per consentire l'utilizzo nativo della sua stablecoin su blockchain.

Timeline of Usd-coin

Coinbase has waived conversion fees to try and induce customers to switch from USDT to USDC. Meanwhile, Binance has delisted USDC trading pairs and is pushing its own BUSD stablecoin.

Coinbase pushes the adoption of the digital dollar by allowing customers to seamlessly switch from USDT (USD Tether) to the popular USDC (USD Coin) with zero fees. By adopting the convention of USDT, users will be able to switch between these two stablecoins.

Coinbase (NASDAQ:COIN), the top crypto exchange in the US, has posted a statement telling customers to migrate from Tether – USDT, to USDC – the dollar-based stablecoin issued by Circle.

Coinbase is offering to convert USDT to USDC with no fees.  The firm said in a Thursday (Dec. 8) blog post that the recent turmoil in the cryptocurrency markets had seen a “flight to safety,” even from fiat-backed stablecoins, which are cryptocurrencies pegged to reserve assets like the U.S. dollar.

Coinbase, one of the largest cryptocurrency firms in the industry, has published a blog post that tells users to “switch to the trusted and reputable digital dollar,” referring to the stablecoin asset usd coin.

U.S.-based crypto exchange Coinbase surprised industry watchers by showing a preference for one stablecoin over another. Specifically, the company has encouraged customers to convert their USDT stablecoin to USDC.

Recently, there has been a significant amount of worry over the credibility of Tether (USDT). In a most recent turn of events, controversy seems to be brewing in the industry as a result of Coinbase publishing a blog post that criticizes USDT and urges users and investors to migrate to its competitor, USD Coin (USDC).

According to a blog post published on December 8, Coinbase is encouraging its users to exchange their Tether (USDT) holdings for USD Coin (USDC). The US-based exchange claims that recent events have demonstrated that during volatile times, clients require stability and trust in fiat-backed stablecoins.

Coinbase has called on users to convert their Tether stablecoins to the stablecoin it cofounded, USD Coin — while waiving fees for doing so. The post Stablecoin wars heat up as Coinbase offers fee-free swaps from USDT to USDC appeared first on The Block.

Coinbase is incentivizing its users to convert their Tether (USDT) holdings for USD Coin (USDC), according to a December 8 blog post. The post Coinbase asks users to convert their USDT to USDC for free appeared first on CryptoSlate.