Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Crypto-giants Coinbase & Circle launch dollar-backed USDC stablecoin (GoldmanSachsFed $ replmt)
CNBC ^ | 10/23/2018 | Kate Rooney

Posted on 10/23/2018 6:46:47 PM PDT by MarchonDC09122009

Cryptocurrency giants Coinbase & Circle launch dollar-backed USDC 'stablecoins' (Goldman Sachs Fed Reserve NWO Fedcoin)

https://www.cnbc.com/2018/10/23/cryptocurrency-giants-coinbase-and-circle-form-a-joint-venture-to-boost-adoption-of-dollar-backed-stable-coins.html

The “CENTRE Consortium,” as it’s being called, will establish standards for listing fiat currencies in a digital form.

The group is aiming at mainstream adoption of cryptocurrencies known as “stablecoins,” which are backed by a government currency like the dollar.

Goldman Sachs backed Circle and Coinbase, which is reportedly valued at $8 billion, are among the best-known and most well-funded cryptocurrency companies.

A stablecoin known as "USD coin," which Circle says is pegged 1:1 with the U.S. dollar, will be available to buy and sell on Coinbase’s popular trading exchange as of Tuesday.

Kate Rooney | @Kr00ney

10/23/2018


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: cryptocurrency; fedcoin; goldman; usdc
Navigation: use the links below to view more comments.
first previous 1-2021-4041-43 last
Comment #41 Removed by Moderator

To: MarchonDC09122009

for later


42 posted on 10/24/2018 1:59:08 AM PDT by tbpiper
[ Post Reply | Private Reply | To 1 | View Replies]

To: MarchonDC09122009

THOUGHT THE IDEA OF crypto WAS TO ABANDON THE DOLLAR...
A WORTHLESS PIECE OF PAPER...

aside from the Rotschilds making billions....why do we need the FED...???
we dont...

think about it
the Fed controls interest rates... and thus the ECONOMY...
plus it is POLITICAL... and controlled by foreign interests
who do not have American interests as a priority...


43 posted on 10/24/2018 6:46:22 AM PDT by zzwhale (QUAL TIME)
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-43 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson