Tag: circle
65 Million Collaboration with FDIC Regulated Bank from Circle
Circle, the issuer of one of the largest stablecoins, USDC, announced a $65 million collaboration with Citizens Trust Bank, a bank regulated by the US Federal Deposit Insurance Corporation (FDIC).…
Circle CEO Against SEC’s View on Securities: Not the Right Institution!
Jeremy Allaire, CEO of USDC issuer Circle, argued that stablecoins are not securities and therefore should be overseen by a banking regulator rather than the US Securities and Exchange Commission…
Circle Behind BUSD Decision: Binance Complained to Regulators
It has been understood that the complaints of USDC issuer Circle are behind Binance’s stablecoin Binance USD (BUSD) being targeted by official institutions. According to an anonymous source who told…
Circle CEO Speaks About the Future of Stablecoins
The second largest stablecoin (USDC) issuer after Tether, Circle CEO Jeremy Allaire is following the World Economic Forum held in Davos, Switzerland, on site. Allire at a conference held in…
USDC Issuer Circle Shares Financial Report: Which Products Are Supported By The Reserve?
Circle, the second largest stablecoin issuer in crypto markets by volume, published a report titled “USDC Economic Status” for the first time, and included important details. In its latest report,…
Why Are The Steering Wheels of New Generation Cars Not Circle?
In particular, steering wheels in cars introduced within the scope of CES 2023; They appeared in square, rectangular or octagonal shapes. So where did this trend come from? The first…
Why Is a Full Angle of a Circle 360 Degrees?
The full angle of a circle is 360 degrees. Have you ever thought about why this unit is not a different number? The reason is mathematical convenience and is based…
USDC Issuer Circle Terminates SPAC Deal: Go Public Plans Postponed?
Circle, the issuer of the second-largest stablecoin by market capitalization USD Coin (USDC), has canceled its IPO agreement with Concord Acquisition Corp on the grounds of a statute of limitations.…
USDC Owner Circle Announces Amount Of Money Lost In FTX!
World’s second largest stablecoin of USDC Distributor Circle announced that it has $10.6 million in risk exposure to FTX in its SEC documents. In the early days of the crisis,…
USDC Issuer Circle Announces Apple Pay Deal
Circle, the issuer of the second-largest stablecoin by market capitalization USD Coin (USDC), announced that it has signed with Apple Pay. Circle announced on November 15 that they will work…
Circle (USDC) Front Also Not Indifferent to FTX and Alameda Claims: We Are Not Exposed in Any Way
A statement came from Circle, the leading stablecoin issuer of the crypto money market, that the FTX collapse did not affect their companies. Wu Blockchain November 9 on social via…
FTX and Alameda Explained by Tether and Circle!
The CEO of Binance, the world’s largest cryptocurrency exchange, CZ, who was in his portfolio last weekend FTX’s native token FTTHe said they would dispose of it periodically. In the…
Circle to Extend Euro Coin’s (EUROC) Inter-Network Protocol to Solana (SOL) Network
Stablecoin issuer Circle Finance has announced that it will expand Euro Coin’s (EUROC) cross-network protocol to the Solana (SOL) network. Circle November 6 At the Breakpoint event held in Lisbon…
New Development for Solana (SOL): Circle Announces Grand Integration!
Payment firm Circle, Solana Euro Coin (LEFT) to the blockchain and extending its own cross-chain protocol to the SOL ecosystem in the first half of 2023. Circle had just launched…
Circle Entrusts Part of USDC Reserves to BlackRock: SEC Registered Private Fund
Stablecoin issuer Circle has begun moving its USD Coin (USDC) reserves into a private fund registered with the US Securities and Exchange Commission (SEC), founded by the world’s largest asset…
Stablecoin Issuers Circle (USDC) and Paxos (USDP) Licensed from Singapore
Stablecoin issuers Circle (USDC) and Paxos (USDP) have received approval for their licenses from the Monetary Authority of Singapore (MAS). Stablecoin issuers Circle and Paxos have notified MAS that their…
Justin Sun’s Circle Transfers Raise Nearly $240M: A routine transaction, not for sale
The fact that TRON (TRX) founder and Huobi advisory board member Justin Sun transferred $236 million in assets to USDC issuer Circle in the last month has led to speculation…
“Barefoot bastards to the front” Strife in Putin’s inner circle of power
Berlin After the Russian withdrawal from the eastern Ukrainian city of Lyman, displeasure is growing in Putin’s power apparatus. Influential allies of the Kremlin chief, such as the Chechen ruler…
Cryptocurrency Giant Circle Acquires Elements
Circle, one of the giants of the cryptocurrency world, announced that it has acquired Elements. According to the statement made by Circle management, the company’s goal is to next generation…
Circle Aims To Launch USD Coin (USDC) On Five New Networks
Circle, the issuer of USD Coin (USDC), has announced that it will open the cryptocurrency market’s second-highest market cap stablecoin on five new blockchains to strengthen its market position. Circle…