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Tether Slump; Institutional Ramp-Up

Coinbase has officially entered the stablecoin game. The wallet and exchange company announced Tuesday that it will offer trading in USD Coin, a stablecoin operated by Circle, another major U.S. crypto company. Below, we take a closer look at the shifting stablecoin landscape, including how USD Coin stacks up against its competitors.

Also in this week’s Coinbase news: The company received permission from New York State regulators to offer custody for six cryptocurrencies, a significant development as competitors like BitGo raise more money. Plus, we published an org chart outlining the decision makers at the company, along with an analysis of how its leadership has changed over the years.

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