Private-sector stablecoins were not categorically prohibited, as Circle launched USDC in 2018.

Format Web Page

"Private-sector stablecoins were not categorically prohibited, as Circle launched USDC in 2018."

Circle launched USDC as a privately operated dollar-backed stablecoin on public blockchains in September 2018.

Source title Introducing USD Coin

Source authors Circle

Source year 2018

Confidence high

Importance high