Circle, the US company behind the popular stablecoin USDC, is set to testify in a Congress hearing on Wednesday about stablecoin regulation in the US. In the hearing, titled “Understanding Stablecoins’ Role in Payments and the Need for Legislation,” Circle’s Chief Strategy Officer Dante Disparte is expected to make the case for why the US should support private companies that issues dollar-backed stablecoins on-chain.... Read More: USDC Issuer Circle Exec to Testify at US Congressional Hearing on Stablecoins
$285 Million in Bitcoin Shorts Wiped Out
