Circle’s USDC Reserve Exposure and Potential Risks
Circle is one of the largest issuers of stablecoins, with USDC being the second-largest stablecoin in circulation. As of January 31, 2022, the circulating supply of USDC was $42 billion.…
Banking Industry
Banking system
bitcoin consumes energy
bitcoin energy consumption
Bitcoin Mining
energy usage
gold industry
Mike Novogratz
NEWS
Banking System Uses Significantly More Energy Than Bitcoin, Research Shows
A new report shows that the banking system consumes more than twice the amount of energy that bitcoin does. The authors analyzed bitcoin’s energy usage and compared it to the…