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Circle

Circle to launch USDC stablecoin on Celo blockchain network

by Isaac Wright
Circle to launch USDC stablecoin on Celo blockchain network

Circle is set to launch its U.S. Dollar-pegged stablecoin, USDC, on the Celo blockchain network. Initially a standalone blockchain network, Celo is transitioning to become a part of the Ethereum …

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USDC Wallet Growth Soars 59% Despite Headwinds: Circle

by Isaac Wright
USDC Wallet Growth Soars 59% Despite Headwinds: Circle

Increasing interest rates, regulatory actions, financial insolvencies, and instances of fraud have significantly contributed to shrinking the overall digital asset economy in the past year. The world’s second-largest stablecoin – …

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Aggregate stablecoin supply sees largest increase since October

by Isaac Wright
Aggregate stablecoin supply sees largest increase since October

Glassnode data recorded a $4.1 billion monthly increase in the aggregate stablecoin supply, a 21-month high for fiat-pegged cryptocurrencies following bullish momentum.  Since October last year, stablecoin supply has shot …

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USDC Stablecoin Issuer Circle Officially Files for IPO with SEC

by Isaac Wright
USDC Stablecoin Issuer Circle Officially Files for IPO with SEC

Circle Internet Financial’s Leap to the Public Markets Circle Internet Financial, the issuer of USDC stablecoin, has filed for an IPO, marking a significant milestone in merging crypto with traditional …

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Hong Kong’s proposed stablecoin rules would be ‘extremely challenging’ for global issuers like Tether and USDC

by Anas Siddiqui
Hong Kong’s proposed stablecoin rules would be ‘extremely challenging’ for global issuers like Tether and USDC

The Hong Kong government’s proposed rules for stablecoins this week have prompted both optimism for the city’s effort to become a virtual asset hub and concern that the rules may …

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Binance reintroduces USDC trading pairs after one-year break

by Isaac Wright
Binance reintroduces USDC trading pairs after one-year break

Crypto exchange Binance is returning trading pairs with USDC just a year after removing it to concentrate stablecoin liquidity. Cryptocurrency exchange Binance announced in a press release on Dec. 27 …

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What’s Driving the Crypto Bull Market? Circle CEO Weighs In

by Isaac Wright
What’s Driving the Crypto Bull Market? Circle CEO Weighs In

Bitcoin (BTC)’s appeal among investors is rising as both a store of value and a hedge against “the world going to hell,” according to Circle CEO Jeremy Allaire. During an …

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Latin America Takes the Lead as Stablecoin Global Settlements Reach $7 Trillion

by Isaac Wright
Latin America Takes the Lead as Stablecoin Global Settlements Reach  Trillion

Circle recently reported that the global settlement volume of stablecoins reached $7 trillion last year, nearly half the $14 trillion settled by financial powerhouses Visa and Mastercard. This marks a …

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Circle launches USDC and EURC faucets to support dev activity

by Isaac Wright
Circle launches USDC and EURC faucets to support dev activity

Jeremy Allaire’s stablecoin operator now provides a depot of testnet tokens for blockchain builders to utilize when creating web3 tools and solutions. Circle, the issuer of crypto’s second largest stablecoin, …

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USDC Stablecoin Issuer Circle Rejects Accusations of Facilitating Illicit Financing

by Isaac Wright
USDC Stablecoin Issuer Circle Rejects Accusations of Facilitating Illicit Financing

Stablecoin issuer Circle has dismissed false claims of facilitating illicit financing activities. In a letter addressed to US Senators Sherrod Brown and Elizabeth Warren, the company also said it does …

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