Circle (USDC) CEO Jeremy Allaire Supports Binance Stablecoin Decision

Summary: Circle CEO Jeremy Allaire supports Binance’s latest stablecoin announcement. Binance said USDC, TUSD, and USDP would be removed as tradeable assets. Users would be able to deposit and withdraw these three stablecoins regardless of the change, per the announcement. Allaire believes the move could increase USD Coin’s utility in the crypto market. Wintermute’s CEO Evgeny Gaevoy echoed Allaire’s opinions and said the decision should bolster overall liquidity. Jeremy Allaire, the CEO of USDC Issuer Circle, publicly voiced support for […]