Asset status

Is Coinbase Trying To Disrupt Bitcoin’s Reserve Asset Status By Listing New USDC Pairs

In recent weeks, two new cryptocurrencies have been listed on Coinbase, 0x and BAT. Both resulted in predictable pumping and discharges immediately before and a few hours after the announcements. This is no surprise, but the fact that either of these two new quotes is only available for trading in USDC might raise some eyebrows. […]