Will Coinbase and Circle Dethrone TETHER? – Today’s Crypto News




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In this video, Mattie talks about Coinbase and Circle’s upcoming stablecoin. Will they dethrone Tether? This is a daily segment!
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References:

Coinbase and Circle Launch USDC Stablecoin With Purported Full Backing in US Dollars
https://cointelegraph.com/news/coinbase-and-circle-launch-usdc-stablecoin-with-purported-full-backing-in-us-dollars

Coinbase and Circle announce the launch of USDC — a Digital Dollar
https://blog.coinbase.com/coinbase-and-circle-announce-the-launch-of-usdc-a-digital-dollar-2cd6548d237

Coinbase Adds Its First Stablecoin Tied to the US Dollar
https://www.coindesk.com/coinbase-adds-its-first-stablecoin-tied-to-the-us-dollar/

Circle Is Building a Master Mobile Payments Network on Ethereum
https://www.coindesk.com/circle-building-master-mobile-payments-network-ethereum/

Coinbase Twitter

Coinbase lets you buy and sell USDC Stablecoin

Coinbase lets you buy and sell USDC stablecoin

Crypto Exchange Coinbase to List Stable Coin Backed by Circle
https://www.bloomberg.com/news/articles/2018-10-23/crypto-exchange-coinbase-to-list-stable-coin-backed-by-circle

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25 Comments

  1. I see lot many people speaking about FGC or Fantasy Gold Coin. I just joined their Discord & found they got real Big Community. Probably you can just speak about FGC in one of your Videos giving a review about it.

  2. Good video, investing in Bitcoin has always been a frustration to me, I lost half my portfolio to the crash, trading couldn’t help me because I had little experience , all I needed was somebody to put me through.On several occasions, Bitcoin Ben, Altcoin Buzz and some majority of the videos uploaded here on Crush The Street made references about the great Mr. CEDRIC DAHL, so i contacted him and he promised to help me not only to recover my lost money but to earn for the rest of my life, I have earned 9BTC in less than a month from his tradings. He is competent , honest, consistent and very experienced, contact him at cryptocedricdahl @gmail .com or via telegram @cryptocedric1, or WhatsApp +1 904 419-3234***

  3. Crypto markets should trade against stablecoins not btc/eth. It makes a lot more sense. By the way, my favorite crypto is FGC. It's one of a very few cryptos with a real world use.

  4. What is the point of a stable coin if you can't use it to buy and sell other cryptocurrencies or use it as a 'safe haven' for your cryptocurrency during a volatile market? In my opinion, it's a bit redundant for coinbase to pursue this feature since they already offer USD pairing with all of their coins. Tether allows for a trader to have a USD alternative on exchanges that don't currently offer USD pairing or their USD deposit requirement is too high. So no, in my opinion I don't think this is a threat to Tether at all. Tether's only threat is itself.

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