Centre Consortium Working to Create ‘Global Network’ of Stablecoins
Centre, the consortium created by Circle and Coinbase around USD coin (USDC), has assembled a team of new executives to power its expansion overseas. The new team, comprising six new executives assembled by David Puth, CEO of Centre, will look to support new partners and add new alliances to keep the company growing in the future. One of the objectives of the new ensemble will be to create an interoperable global network of stablecoins. Centre Consortium Expands Team to Create Stablecoin Network Centre, the standards and governance organization for USD coin (USDC), reported it....
Related News
The company behind USDC has added a new face that could help further institutional adoption. Centre Consortium, the company behind USD Coin, has hired former State Street and JPMorgan executive David Puth as its new chief executive officer, or CEO. Centre made the announcement early Tuesday in a Medium post that praised Puth for his leadership credentials. The new hire will help Centre expand its global partnerships across the fintech, crypto, and the traditional financial services industry. Puth said that he is excited to be joining Centre “at this critical time in the industry,” adding:....
Three leading technology companies, Cisco, Bosch, and Foxconn have come together to create the IoT Blockchain Consortium. Three leading tech players, Cisco, Bosch, and Foxconn have joined hands to create a blockchain consortium. The group will be focusing on implementing Bitcoin’s underlying technology to the Internet of Things segment. Cisco is known for its networking and telecom prowess. Similarly, Bosch has a strong foothold in the consumer electricals market while Foxconn is known for manufacturing consumer electronics. With IoT being another hot segment, the three tech partners are....
Centre, the consortium behind the issuance of USD Coin (USDC), announced it will launch the popular asset on 10 more blockchains. This would expand the reach of USDC to other environments and could make it more popular as a commercial and staking currency. While Centre made the announcement only recently, USDC surprisingly launched on Tron today. Centre Launches Multichain USDC Initiative Centre, the consortium behind USDC, the second biggest stablecoin by market share, announced an initiative to take the coin to ten new blockchains. The objective of this plan is to expand the market reach....
The blockchain consortium led by R3CEV, a group of 42 global banks working on blockchain applications that includes JPMorgan Chase, Goldman Sachs and more, is now working with tech giant Microsoft. The full partnership, which was first tested back in January with a smaller group of R3’s members, gives the consortium access to more than just Microsoft's platform of Blockchain-as-a-Service tools. Charley Cooper, managing director of R3, told CoinDesk that the formal partnership came after a series of tests with other potential partners, including Amazon and IBM. A dedicated team of five....
As one would expect from this partnership, Credicorp will join the R3 Lab and Research Centre. Ever since some of the R3 consortium’s founders left the table, things have been somewhat quiet. But there is still a lot of confidence in this joint blockchain collaboration structure. Peruvian financial services company Credicorp is the first Spanish-speaking Latin American member of the consortium. A positive development for R3 and its members. Expanding the R3 blockchain consortium to new regions all over the world is of the utmost importance. Once thing notably absents from the consortium to....