A bot herder is someone who manages and controls a group of automated programs, commonly referred to as bots, often to execute tasks related to trading or mining. In the context of digital currencies, these bots can perform functions like buying and selling assets at specific times, analyzing market trends, or even executing complex strategies.Bot herding involves coordinating multiple bots to work together efficiently. This can maximize profit or automate processes that would be cumbersome if done manually. Individuals or organizations may use these bots to take advantage of trading opportunities quickly, especially during periods of high volatility.While bot herding can be used for legitimate purposes, it can also be associated with unscrupulous activities. Some may use bots to manipulate market conditions or execute fraudulent schemes, affecting overall market integrity. The effectiveness and ethics of a bot herder’s actions can vary greatly, shaping their reputation within the broader community.

Circle Launches Payments Network to Advance Stablecoin Use in Global Transfers
Circle, the issuer of the USDC stablecoin, announced on May 21 the launch of its Circle Payments Network (CPN) on the