Cryptocurrency Analysis and News Portal
Circle, the stablecoin issuer behind USD Coin (USDC), is teaming up with Tokyo-based financial services firm SBI Holdings to boost the adoption of USDC and Web3 services in Japan.Circle said it concluded a memorandum of understanding (MOU) with SBI Holdings on Nov. 27, which will underpin the strategic expansion of
Read More
SEI, the layer-1 blockchain, witnessed a remarkable 91% surge in seven days, following a strategic investment from Circle. Data from CoinMarketCap shows SEI has now surged 91.13% to $0.20. At the time of writing, the token also reported an increase of 14.79% in the previous 24-hour period. SEI to USD Price Chart | Source:
Read More
Circle has launched a new standard to streamline the process of launching its stablecoin, USDC, on new networks, according to a Nov. 21 blog post. The new “bridged USDC standard” allows developers to launch the token through a two-phase process. In the first phase, the third-party developer has control of the
Read More
“What is important here is the sheer amount of USDC liquidity we expect to migrate to Cosmos using this novel non-custodial bridging mechanism,” said Jelena Djuric, CEO and co-founder of Noble. “DYdX is uniquely positioned to be the first power user of CCTP given its v3 product on Ethereum and
Read More
Nonprofit ethics group Campaign for Accountability (CfA) sent a letter to U.S. Senators Elizabeth Warren and Sherrod Brown on Nov. 9 to present them with information on the alleged use of cryptocurrency in money laundering. The letter discussed the Tron blockchain and stablecoin issuer Circle in particular.In the letter signed
Read More
Circle has initiated the v2.2 upgrade for its USDC and EURC stablecoins, promising reduced transaction costs, improved security, and seamless integration for EVM blockchain transactions. Circle, the issuer of USDC and EURC stablecoins, has rolled out a significant v2.2 upgrade for both digital currencies. This advancement, which marks the first major
Read More
A Circle spokesperson confirmed that a public listing is not exactly far from the firm’s aspirations. Circle, the issuer of the USD Coin (USDC) stablecoin, is reportedly in talks with its advisers over an initial public offering (IPO) for early 2024. According to Bloomberg, which cited sources with inside knowledge about
Read More
Stablecoin issuer Circle Internet Financial is considering going public, although no final decision has been made yet. USDC issuer Circle Internet Financial Ltd. is weighing an IPO in 2024, three years after the firm announced its plans to go public via a special purpose acquisition company (SPAC) deal with Concord Acquisition
Read More
The creator of the second largest stablecoin USDC with a market cap of about $24.7 billion announced that it will support only business institutional accounts. In a strategic move to review its relations with customers, Circle, a leading and regulated stablecoin issuer, informed its individual account holders that they will not
Read More
Stablecoin issuer Circle will close out consumer or individual accounts on November 30, according to emails received by Circle customers on October 31. In an email to Cryptox, the stablecoin issuer confirmed that it is closing the accounts but confirmed that business and institutional “Mint” accounts will remain available.On the
Read More