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Circle defends USDC economics as stablecoin rivals court its partners with bigger cut

CoinDesk
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Circle defends USDC economics as stablecoin rivals court its partners with bigger cut

Coinbase, Circle’s largest USDC partner, also backs Open USD, a rival network that passes reserve income to partners after a management fee.

Key Takeaways

  1. Coinbase, Circle’s largest USDC partner, also backs Open USD, a rival network that passes reserve income to partners after a management fee.
  2. Read the full article for additional context and details.
  3. Read the full article for additional context and details.
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Summary generated by IndiCrypto from CoinDesk. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.