COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Circle Boosts Confidence with Strategic Addition Amid Crypto Skepticism: Ex-CFTC Chair Joins Team
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Altcoin News > Circle Boosts Confidence with Strategic Addition Amid Crypto Skepticism: Ex-CFTC Chair Joins Team
Altcoin NewsTether (USDT)

Circle Boosts Confidence with Strategic Addition Amid Crypto Skepticism: Ex-CFTC Chair Joins Team

In Brief

  • Crypto investors are currently feeling anxious due to lawsuits launched against Binance and Coinbase, an asset freeze on BinanceUS, and negative rumors surrounding Tether (USDT). With question marks over who to trust in the crypto sector, USD Coin (USDC) issuer Circle made a tactical move by adding Heath Tarbert, a well-established name in the U.S., […]
İlayda Peker
İlayda Peker 2 years ago
Share
SHARE

Crypto investors are currently feeling anxious due to lawsuits launched against Binance and Coinbase, an asset freeze on BinanceUS, and negative rumors surrounding Tether (USDT). With question marks over who to trust in the crypto sector, USD Coin (USDC) issuer Circle made a tactical move by adding Heath Tarbert, a well-established name in the U.S., to its team. 

Contents
Tarbert in USDC TeamUSDC and USDT Competition

Tarbert in USDC Team

Tarbert, former chairman of the U.S. Commodity Futures Trading Commission (CFTC) and a veteran of several key U.S. institutions such as the Treasury, the White House, the Justice Department, and the Supreme Court, left his position at Citadel Securities to join Circle. Circle’s CEO, Jeremy Allaire, underlined Tarbert’s significant experience and emphasized that his expertise and leadership will be crucial for Circle’s growth. As accusations of insufficiency continue against USDT and as lawsuits pile up, this move by Circle could replenish trust. 

Currently, there is ambiguity in the U.S. about the regulation of cryptocurrencies, and both the SEC and the CFTC are making efforts in this regard. The appointment of Tarbert, who possesses substantial lobbying and regulation experience, is hardly coincidental at this critical juncture. 

USDC and USDT Competition

USDC, the 5th largest cryptocurrency by total market value, boasts a total value of $28 billion. Its competitor, Tether (USDT), with a value of $83 billion, is certainly a tough contender to surpass. USDT‘s 24-hour trading volume is also more than five times that of USDC. However, regulatory uncertainties could potentially tilt in favor of USDC. 

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Trump Fuels Crypto Surge as Robinhood Expands Altcoin Listings

Hyperliquid (HYPE) Captures Investors’ Attention with Skyrocketing Performance

Cryptocurrency Markets Soar as Bitcoin Reaches New Heights

BTCS Amplifies Ethereum Portfolio with a Strategic Pivot

Canary Capital Enhances Solana ETF with Strategic Partnership

İlayda Peker 8 June, 2023 - 6:59 pm 8 June, 2023 - 10:15 pm
Share This Article
Facebook Twitter
Share
İlayda Peker
By İlayda Peker
Follow:
Uluslararası İlişkiler ve Siyaset Bilimi Mezunu, Kitap sever.
Previous Article Expert Warning: Protect Your Bitcoin Amidst Impending Insolvency of Crypto Custody Firm 
Next Article Australia’s Commonwealth Bank Places Crypto Transactions on Hold 
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Coinbase Takes Bold Stand Against Hackers in Massive Data Breach
Coinbase
The Supreme Court Secures Fed Independence against Presidential Influence
Cryptocurrency Law
Ethereum Hits New Heights with Impressive Price Surge
Ethereum (ETH)
XRP Holds Its Ground as Key Resistance Levels Await
Ripple (XRP)
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?