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Coinbase Acquires Stake in Circle; USDC Adds 6 Blockchains
Coinbase is acquiring a minority stake in Circle Internet Financial
Dissolving the Centre Consortium, which governed the USDC stablecoin, Circle is fully bringing the stablecoin in-house
USDC integrates 6 new blockchains, reaching a total of 15, including Polkadot, Near, Optimism, and Cosmos in 2023
Coinbase and Circle withheld Coinbase's stake size in blog posts and CoinDesk talks. Circle received no cash from Coinbase for the stake
Coinbase envisions USDC's future beyond crypto trading, including forex and cross-border fund transfers
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