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Who would have thought that the US regulator would guarantee stablecoins? In the wake of successive U.S. bank failures in recent days, the Federal Reserve, the Treasury Department and the FDIC have announced that they will guarantee part of the collateral for Circle's USDC stablecoin. Will the company, which has BlackRock managing about $30 billion in short-term U.S. Treasuries, become a heavyweight in traditional U.S. finance? We'll get back to that in Crypto Analysis, after this week's key news. | Mar. 17 ....
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TikTok is under fire from the US and UK over security concernsOpenAI’s GPT-4 might not be as amazing as it seems, says seasoned analystMeta chief Mark Zuckerbe… ....