Circle Executive: USDC's Asset Reserve is Approximately 90% Held by BlackRock
BlockBeats News, September 13th. According to Caixin's report, at the "Asia Vision Forum 2025" held in Singapore, David A. Katz, Vice President of Strategy and Public Policy for Circle in Asia Pacific, stated that cross-border transactions are a key use case for stablecoins. Therefore, issuing a RMB-backed stablecoin will help promote the internationalization of the RMB.
Katz emphasized that the issuance of digital assets must meet two core requirements: first, ensuring network security to prevent hacking attacks; second, digital assets must be pegged one-to-one to real, high-quality, highly liquid assets and held in custody by appropriate institutions. He revealed that approximately 90% of the assets backing USDC are held in custody by BlackRock.
También te puede interesar
Ganadores
Últimas noticias sobre criptomonedas
Ethereum ICO Whale with 254,900 Tokens Nearing Liquidation, Deposited 23,000 ETH to CEX in the Past Week
The Central Bank of Russia has confirmed that it may relax cryptocurrency regulation rules.
OECD: Expects the Federal Reserve to "gradually" lower the key interest rate to 3.25% to 3.5%
Asset Management Giant Tidal Investments Acquires Approximately $60 Million in Strategy Stock
A certain whale with a significant BTC short position is planning to long at around $67,000, with the shorts currently showing a profit of $26.83 million.
Atención al cliente:@weikecs
Cooperación empresarial:@weikecs
Trading cuantitativo y MM:[email protected]
Programa VIP:[email protected]