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Circle and BitGo plan to bring cryptocurrencies to banking
04-21 11:13

Odaily News Circle and BitGo are working to embed themselves into the U.S. banking system by applying for banking licenses, aiming to strengthen ties with traditional finance. After returning to the White House, Trump relaxed restrictions that previously required banks to obtain approval before working with crypto companies, which provided new opportunities for crypto companies. Companies such as Circle and BitGo are seeking to obtain full banking charters, planning to provide deposit and loan services like traditional banks. At the same time, traditional banks such as Bank of America and US Bancorp are also reconsidering their involvement in the crypto field. Stablecoins in the crypto industry remain at the core, and Tether and Circle's USD Coin continue to dominate the market.

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周榜
SPK rose above 0.11 USDT, with a 4-hour increase of 18%.
USDe's market capitalization has risen to $9.293 billion, an increase of more than 75% in the past month.
The median length of time players hold tokens in on-chain PvP is getting shorter and shorter, currently only about 60 seconds.
Lido Co-founder: Decided to reduce the size of the contributor team, affecting approximately 15% of employees
Cardano to allocate over $71 million to advance protocol upgrade
Metaplanet purchased approximately $53.7 million worth of Bitcoin, bringing its total purchases to approximately $1.78 billion.