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Tag: US crackdown

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In the midst of a US crackdown, Coinbase launches USDC Yields for global customers

Briefly customers from countries other than the United States can stake USDC stablecoins with Coinbase and receive yields of 4%. Coinbase has been warned before by the SEC that the assets it uses in its yield product could be considered securities. While Tether’s supply has increased by more than 83 billion, the supply of USDC…
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