Circle gets New York trust charter for USDC, rivaling Ripple’s RLUSD
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🚨 Circle secures New York trust charter for $USDC, matching Ripple’s regulatory status.
🏛️ The charter allows Circle to hold USDC reserves directly, boosting trust among institutions.
📉 CRCL stock fell to $60.78 after the announcement, erasing gains from the previous session.
🔥 Ripple and Circle target a stablecoin market expected to reach $2 trillion by 2028.
Continue Reading:Circle gets New York trust charter for USDC, rivaling Ripple’s RLUSD
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9h ago•
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