Crypto.com News 10.4B CRO Burned! Crypto.org Chain / Visa USDC Settlement & More!
Welcome to another edition of Crypto.com News. In this episode we cover the recent 10.4 billion CRO burn, the launch of Crypto.org Chain and Visa USDC Settlement.
First, the 10.4 billion CRO burn. Crypto.com recently announced the completion of a 10.4 billion CRO burn, representing 40% of the total supply. This is the largest crypto burn in history and will have a significant impact on the Crypto.com Network. The burn is intended to reduce the circulating supply of CRO, which should increase its value over time.
Next, the launch of Crypto.org Chain. Crypto.org Chain is a new blockchain that will enable users to issue and manage their own digital assets. It will also enable developers to build decentralized applications on the platform. The platform is currently in the early stages of development and is expected to launch in the near future.
Finally, Visa USDC Settlement. Visa recently announced its plans to use USDC as a settlement currency for its payments network. This is a major milestone for the cryptocurrency industry, as it is the first time a major payments network has adopted a cryptocurrency for settlement. This move could further legitimize the use of cryptocurrencies for payments.
That’s it for this edition of Crypto.com News. Thank you for watching.
