Coinbase supports Circle
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 23 October 2018
⏱️ 7 minutes
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Summary
- Crypto exchange Coinbase announced support for the Circle-issued stablecoin Tuesday.
- The newest commissioner with the U.S. Securities and Exchange Commission met with representatives from money manager VanEck and blockchain startup SolidX earlier this month to discuss a bitcoin-based exchange-traded fund (ETF).
- A decade after launching its first Android device, global consumer tech giant HTC is officially releasing its first blockchain-enabled phone.
- Months after its debut, the cryptocurrency being launched by the estate of the late Wu-Tang Clan member Ol' Dirty Bastard (ODB) is moving ahead – starting with a public pre-sale that begins this week.
- Elon Musk, the founder of SpaceX and Tesla, published a mysterious tweet on Monday about bitcoin that's whipping up speculation across social media and the cryptocurrency community that it may be more than just a joke.
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Transcript
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| 0:00.0 | Coinbase is the latest crypto company to get in on the stablecoin game. |
| 0:06.3 | Good evening. I'm Mark Hoxton, and this is late confirmation from CoinDesk, bringing you the top |
| 0:13.4 | stories from Tuesday, October 23rd. Also on today's show, Elon Musk got tongues wagging on social media after a cryptic Bitcoin tweet, |
| 0:23.9 | and the newest commissioner at the SEC takes part in a meeting to discuss a proposed Bitcoin |
| 0:30.7 | ETF. Stay tuned for more on these stories on today's show. |
| 0:37.7 | Crypto exchange and unicornicorn Coinbase announced support for the Circle-issued |
| 0:43.0 | stable coin Tuesday. |
| 0:44.9 | In a blog post, Coinbase said U.S. customers outside the state of New York can now |
| 0:50.8 | buy, sell, send, and receive the U. or USDC through the company's iOS and Android apps, |
| 0:59.6 | as well as Coinbase.com, which was first announced last month. It intends to offer the coin |
| 1:05.9 | to customers in different regions going forward. Each token is backed by a US dollar at a one-to-one ratio, the blog post stated, |
| 1:15.5 | meaning it's 100% collateralized. |
| 1:18.7 | The Coinbase wallet already supports the USDC token, and Coinbase Pro will begin supporting |
| 1:25.1 | the token in the coming weeks, according to the startup. |
| 1:30.4 | The newest commissioner with the U.S. Securities and Exchange Commission met with representatives |
| 1:36.0 | from Money Manager Van Eck and blockchain startup SolidX earlier this month to discuss a Bitcoin-based |
| 1:43.6 | exchange-traded traded fund or ETF. |
| 1:47.3 | Commissioner Elad Royzman, who took office in September, met with Dan Galancy and |
| 1:53.1 | Dimitri Numerovsky at Solid X, Laura Morrison and Kyle Murray from the CBOE, and Adam Phillips |
| 2:00.4 | from Van Eck, to discuss a rule change proposal |
| 2:03.4 | the companies submitted as part of an effort to launch a Bitcoin ATF. |
| 2:08.7 | All of this is according to a document dated October 9th, which just came to light today. |
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