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$ETH #USDCRewards #USDC Fully backed digital dollars Built for rapid, global payments and 24/7 financial markets, USDC is a regulated, digital currency that can always be redeemed 1:1 for US dollars. GET STARTED WITH USDC Why businesses choose USDC USDC works seamlessly across applications and platforms around the globe, using blockchain infrastructure that’s faster, less expensive, and more customizable than legacy rails. Stable & regulated USDC is regulated and fully reserved. Reserves are transparently held at regulated financial institutions with published monthly attestations. Unregulated, non-transparent stablecoins take risk with their reserves and do not legally separate them for the benefit of stablecoin holders. home / USDC Fully backed digital dollars Built for rapid, global payments and 24/7 financial markets, USDC is a regulated, digital currency that can always be redeemed 1:1 for US dollars. GET STARTED WITH USDC Speed Why businesses choose USDC USDC works seamlessly across applications and platforms around the globe, using blockchain infrastructure that’s faster, less expensive, and more customizable than legacy rails. Stable & regulated USDC is regulated and fully reserved. Reserves are transparently held at regulated financial institutions with published monthly attestations. Unregulated, non-transparent stablecoins take risk with their reserves and do not legally separate them for the benefit of stablecoin holders. Instant settlement USDC transactions can settle in seconds worldwide. All day, every day. Legacy payments can take multiple days to settle and don’t move after hours, on weekends, or during holidays. Near-zero cost Global payments can be made for less than a cent, so it’s affordable to send USDC. Traditional payments pass through multiple intermediaries, introducing additional cost that’s passed on to the sender. Open, global access Any business or person with an internet connection and digital wallet can send and receive USDC.
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$ETH Don’t be a Frog in a Well! [Visit Our Site Now ]   Join DeFi Alpha Franklin Templeton Files For Ethereum ETF U.S. asset management firm with $1.6T in AUM looks to launch spot ETH ETF By: yyctrader • February 12, 2024  Franklin Templeton, the trillion-dollar investment firm, has filed an application with the SEC to launch a spot Ether ETF. The proposed fund will be called the Franklin Ethereum ETF, according to the filing.  ETH is up more than 5% in the past 24 hours, trading above $2,600 for the first time since Bitcoin ETFs were approved a month ago. Ads by HypeLab Subscribe to DeFi Daily Newsletter and Get Smarter on DeFi & Web3. Subscribe 80k+ investors informed every day. Chinese Bitcoin Miners Increasingly Set Up Shop In Ethiopia By: Samuel Haig February 13, 2024  Ethiopia is seeking to position itself as the next hub for large-scale Bitcoin mining firms. In a Feb. 7 report from Bloomberg, Ethiopian Electric Power, the country's nationalized power monopoly, has inked deals with 21 Bitcoin mining companies, 19 of which are from China. Bloomberg said that Chinese mining firms began converging on Africa’s Grand Ethiopian Renaissance Dam, the largest dam in Africa, from roughly Q2 2023. The move followed Ethiopia’s regulators giving the green light to Bitcoin miners in 2022, despite the country continuing to prohibit digital asset trading. Notably, the $4.8B dam was built with support from several Chinese construction firms in yet another sign of the growing economic integration between Sino companies and African nations — with China providing the largest source of foreign direct investment to Ethiopia. The dam’s construction was completed in July 2020.  Ads by HypeLab “Ethiopia will become one of the most popular destinations for Chinese miners,” said Nuo Xu, founder of China Digital Mining Association. Ethiopia offers among the world’s lowest cheapest power, enticing many of the Bitcoin mining firms cast out when the Chinese Communist Party banned crypto mining in 2021.
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