Ledger Crypto Wallet Now Supports Staking ETH With Lido

Owners of the Ledger hardware wallet can now stake their ETH through Lido as it transitions to Ethereum 2.0.

By staking ETH with Lido, you don’t need to own 32 ETH to become a network validator. Lido allows users to participate in the network with any amount of ETH. You don’t need to maintain complex infrastructure whilst preserving the liquidity of your ETH. Indeed, for each Ether you’ll stake through LIDO you’ll receive stETH in exchange.

USDC Co-Creator ‘Circle’ Wants to Become a Traditional Bank

Circle, along with Coinbase, operates USD Coin (USDC) a cryptocurrency that has its valued pegged to the US dollar. Coins of this nature are known as stablecoins. Circle has announced its intentions to become a traditional, FDIC-insured bank. Could this pave the way for USDC to become the de facto digital currency of the U.S.? Axios has a good summary.

Circle chief strategy officer Dante Disparte tells Axios that the company hasn’t yet even properly initiated the process of applying to become a bank; it’s just announced its intention to do so. Disparte says they’re willing to do “whatever the policymakers want.”