Jack Dorsey's company TBD cooperates with Circle to support USDC cross-border transfers and savings

[Jack Dorsey's company TBD cooperates with Circle to support USDC cross-border transfers and savings] September 29 news, former Twitter founder Jack Dorsey (Jack Dorsey)'s company Block's Bitcoin subsidiary TBD is working with Circle cooperates to support USDC cross-border transfers and savings. Developers can build on open source infrastructure, and encrypted wallet providers can plug into open source protocols. This includes establishing deposit and withdrawal channels between fiat currencies and digital currencies.

Kash Razzaghi, Circle’s chief revenue officer, said remittances are one of the most compelling use cases for stablecoins, emphasizing that the U.S.-Mexico cross-border payments market is Circle’s focus.

Other news:

The mayor of Jackson, Tennessee plans to include Bitcoin in his 401(k) retirement savings: According to news on December 13, Scott Conger, the mayor of Jackson, Tennessee, has issued a request for a proposal to include Bitcoin in his 401(k) retirement Savings, the proposal is due on the 22nd. Scott Conger has also formed a blockchain working group to investigate the acceptance of bitcoin for property taxes. Earlier news, the mayor of Miami plans to include bitcoin in his 401(k) retirement savings. (Bein Crypto)[2021/12/13 7:36:41]

Looking forward to the Jackson Hole annual meeting: Powell may discuss the review of the monetary policy framework: one of the key challenges facing the Fed will be how to stimulate inflation. Federal Reserve Chairman Jerome Powell is likely to signal on the opening day of the annual Jackson Hole meeting on Thursday that he will discuss the central bank's review of its monetary policy framework. The Fed's review will look at how to improve the Fed's tools to guide the economy, as investors await details on possible changes to its approach to targeting inflation. To protect against the possibility of future price increases, investors increased exposure to assets such as gold and federal inflation-protected securities (TIPS). However, while the five-year/five-year equilibrium inflation rate has been rising, it remains below the Fed's 2% target. (Golden Ten) [2020/8/22]

News | Janet Damita Jo Jackson's ex-husband sues Facebook for false encryption advertisements: Wissam Al Mana, ex-husband of famous American singer Janet Damita Jo Jackson and executive director of Al Mana Group, sued Facebook for false encryption advertisements. Wissam Al Mana himself does not have official social media accounts as scammers use his photos on Facebook to advertise cryptocurrency scams. (U.Today)[2020/2/24]