From Investing.com: 2024-04-27 14:40:13

Binance is seeking court approval to hear the US government’s stance on USDC, a stablecoin created by Circle and issued by the Center Consortium. The move comes as Binance faces scrutiny over its operations in the United States. USDC is backed by USD at a 1:1 ratio and is widely used in cryptocurrency trading.

Read more at Investing.com: Binance wants the court to know US government’s position on USDC