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Stablecoin Rewards Divided into Reserve Asset and Activity Income
The stablecoin rewards of centralized exchanges have been categorized into methods of distributing reserve asset income and exchange market activity income. The source of income, rather than the reward rate itself, has regulatory implications.
95.2% of Circle's Q2 Revenue Comes from Interest
Reserve income was $667.7 million, part of a total of $701.3 million for the quarter • According to Coin Metrics' August statistics, the adjusted transfer volume for USDC reached $32 trillion • The Arc project is set to launch its public mainnet on September 16, with fees in USDC.
NOT A HOTEL Announces Collaboration with Pokémon
The Probability of a U.S. Interest Rate Hike Reaches 57%
South Korean court orders YouTuber Choi to repay 20 million won in crypto fraud case
Circle Announces USD Coin Circulation of $73.3 Billion
The debate over Circle's ($CRCL) corporate value is shifting from the revenue generated by USD Coin (USDC) issuance to the scalability of payment and settlement infrastructure. Even as the stablecoin market grows, competition intensifies and interest rates...
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