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Coinbase helped build USDC – Why is it now backing the stablecoin trying to replace it, Open USD?

The stablecoin market has long rewarded the companies that issue digital dollars. They take in customer cash, hold reserves in short-term government securities, and earn the yield. Now, the companies that distribute those tokens want more of the economics. That tension is at the center of Open USD (OUSD), a planned stablecoin backed by more […] The post Coinbase helped build USDC – Why is it now backing the stablecoin trying to replace it, Open USD? appeared first on CryptoSlate.

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Moody’s Flags Quantum Threat to Bitcoin and Digital Assets After Trump Orders

Bitcoin Magazine Moody’s Flags Quantum Threat to Bitcoin and Digital Assets After Trump Orders Moody's warned that President Trump's new quantum computing executive orders accelerate the need for Bitcoin and the broader digital asset industry to adopt quantum-resistant cryptography. This post Moody’s Flags Quantum Threat to Bitcoin and Digital Assets After Trump Orders first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

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Trump-Backed American Bitcoin (ABTC) Sets Reverse Split for July 2

Bitcoin Magazine Trump-Backed American Bitcoin (ABTC) Sets Reverse Split for July 2 American Bitcoin (Nasdaq: ABTC) will implement a 1-for-15 reverse stock split effective July 2, reducing its outstanding shares to about 73 million ahead of reverse split-adjusted trading beginning July 6. This post Trump-Backed American Bitcoin (ABTC) Sets Reverse Split for July 2 first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

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