The CMI brings structure to the process by which investors define and value the myriad digital assets in existence, bringing order to the otherwise chaotic world of crypto. As such, we see the CMI as a narrative device, a means by which to describe a more cohesive picture of the crypto economy, a framework with which to talk about, assess, and compare the many tokens, protocols, and dApps that comprise it.
Circle to ‘Cover Any Shortfall’ in USDC Reserves, Sparking Stablecoin Rally
The company plans to use corporate resources to fill the gap, including external capital. Source link