The Federal Reserve sends a key signal: USDC makes major strides in payment and settlement; holders can earn up to $7,000 daily

Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company. As expectations regarding Federal Reserve policy for September shift, the digital asset market is once again in the spotlight. Summary Fed Governor Christopher Waller said cooling inflation could support holding interest rates steady in September. USDC’s dollar peg makes its payment and settlement utility more important than short-term price moves. Circle’s Arc blockchain targets institutional payments, settlement and regulated digital financial applications. EX DeFi advertises USDC-supported cloud-mining contracts, although its return and security claims require independent verification. On Sep. 3, Federal Reserve Governor Christopher Waller stated that if upcoming inflation data continues to show a cooling trend, he would favor maintaining current interest rates at the September meeting; however, he did not rule out further monetary policy tightening should inflation re-accelerate. This statement alleviated some market concerns regarding immedi...