Jeremy Allaire’s Circle the Latest to Distance Itself from Facebook’s Libra

Jeremy Allaire’s Circle issued a U.S. dollar-backed stablecoin before stablecoins were cool. Now that Facebook has joined the fray with its Libra coin, which is designed to be backed by a basket of fiat currencies (and maybe other financial instruments), the spotlight on stablecoins has grown brighter. But Allaire, who is testifying in front of […]

The post Jeremy Allaire’s Circle the Latest to Distance Itself from Facebook’s Libra appeared first on CCN Markets

Source: https://www.ccn.com/news/jeremy-allaires-circle-the-latest-to-distance-itself-from-facebooks-libra/2019/07/29/

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