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News Explorer — Coinbase Buys Stake in Circle, Dissolving USDC Issuer Centre

News Explorer — Coinbase Buys Stake in Circle, Dissolving USDC Issuer Centre

Centre Consortium, the issuer of the second-largest stablecoin USDC, has been dissolved as Coinbase acquires a minority share in Circle Internet Financial. Circle will now be the sole issuer of USDC, with any governance and operations responsibilities brought in-house. The revenue from interest earn

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