Along with this new investment round, Circle has also announced that it will be launching a new stable cryptocurrency, Circle USD (USDC) which would be pegged to the US Dollar enabling businesses and consumers to transfer values more efficiently.
A token pegged to the United States dollar is critical for enabling mainstream adoption of blockchain technology for payments, he says, as well as for supporting maturation in financial contracts built on smart contract platforms, such as tokenized securities, loans, and property. You should not treat any information on smartereum.com as a call to make any particular decision regarding cryptocurrency usage, legal matters, investments, taxes, cryptocurrency mining, exchange usage, wallet usage, initial coin offerings (ICO), etc.
Poloniex has grown to become one of the world's leading token marketplaces. CENTRE, according to Circle, will be providing independent oversight of this new coin.
"It's a version of fiat that can move at the speed of the Internet with global reach, with much less cost, with high levels of security", Circle CEO Jeremy Allairesaid in an interview at an industry conference Monday. Not only could this provide new meaning and new uses for the US Dollar, as ever, this sort of integration will in turn encourage more and more people to start using cryptocurrencies.
USDC will be included in Circle Pay, the company's headline app, as well as in its Circle Trade market-making platform.
As noted by Allaire, the play is a strategic one that finds Circle taking aim at one of the most important elements of the crypto economy. The company offers a cryptocurrency investment service, a payment service that offers global transfers called Circle Pay, an over-the-counter service for cryptotrading called Circle Trade, and Polinex, the cryptocurrency exchange it acquiredin February. However, because of some of the previous actions by Bitfinex and Tether, some in the crypto-community are still skeptical of fiat-backed 'stablecoins'.
"To realize the vision for ubiquitous payments, we need there to be currencies that can be stored, settled and used", Allaire continued. USDC would be an ERC-20 Token on the Ethereum Network based on the network rules defined by CENTRE. (The company said more announcements on the project are expected this summer).
Dane Wozniacki was given a scare by Latvia's Anastasija Sevastova before closing out the match 6-2, 5-7, 6-3. The victor will play Anett Kontaveit, who ousted 1999 champion Venus Williams 6-2, 7-6 (3).
Fifth-grade student Theo Ancevski was sitting in the fourth row of the bus and was treated at a hospital for cuts and scrapes. Paramus school officials said the borough's schools would be open Friday and that crisis counselors would be on hand.
Those exposed to the suspected Ebola cases will for the first time in Congo receive Ebola vaccinations, the health minister said. The WHO has sent 4,000 doses to Congo and said it will dispatch thousands more as needed in the coming days.
I fully expect some insane out of left field pick from them such as Trae Young or even a trade to move down in the draft. They also have rookie wonder Josh Jackson , who, after a slow to the season came on late and showed his true potential.
Finishing first in a match will earn you a full 100 point, which drops all the way down to just 25 points for places 76 to 100. Don't get too excited, though: remember, this is a ranking of everyone that plays at least 50 matches in the mode.
The accord has yet to be made public and still needs to be ratified by both parties' members as well as approval by Mattarella. The policies would cost many billions of euros and have spooked investors in Italian debt, shares and the euro.
They'd even take their little postcards, burn one corner in the lava flow, mail them off, stuff like that", he said. Geological Survey geophysicist Mike Poland says the explosion likely only lasted a few minutes.
Smackdown Live moved to the USA Network July of 2016, after 17 years of appearing on SyFy, MyNetworkTV, UPN and others. While early reports suggested FOX was gunning for WWE's programming, the latest details a drastically different story.
Its forces have killed 116 Palestinians since a campaign of protests on the Gaza-Israel border was launched on March 30. Israel regards all of the city, including the eastern sector it annexed after the 1967 conflict, as its capital.
Trade worries have added to fears that the bull market in United States stocks since Trump's election may have come to an end. House Ways and Means Chairman Kevin Brady says "we're hopeful they'll continue to make progress on this agreement".
'Spiderman' AB de Villiers takes miraculous catch
He executed the pull shot and slog sweeps well; he hit four sixes over midwicket and deposited one into the stands at square-leg. Moeen Ali pitched in with 65 runs to help Bangalore reach 6-218, overpowering Kane Williamson's 81 off 42 balls for Hyderabad.
Ocado shares jump 44% on tie-up with big U.S. grocer
The retailer's efforts to create a "seamless digital experience" for customers would speed up as a result, he added. United Kingdom retailer Ocado is to supply its Ocado Smart Platform technology to giant U.S. food retailer Kroger .
AT&T announces it'll carry the RED Hydrogen One
The summer launch seems to be for real as the two carriers announced the availability of the revolutionary smartphone. We also know the phone will be compatible with modules similar to how the Moto Z or Essential Phone operate.
Pretty Much Everything About the HTC U12+ Just Leaked
Edge Sense is also making a return and it should have improved squeeze gestures for accessing shortcuts and controlling the phone. At the back, you can see the dual cameras, a laser auto-focus module, an LED flash and a circular fingerprint sensor.