Circle Archive

Bitso is also known as the core crypto service provider for El Salvador’s official Bitcoin wallet, launched in September.

Circle’s Asia plans include a regional headquarters in Singapore, a new venture arm and investment in Japanese yen stablecoin efforts.

Circle has published filings revealing it is cooperating with a subpoena from the SEC that it received in July.

As onlookers predict that top Chinese property developer and commercial paper issuer Evergrande will default, some analysts believe the firm poses systemic risks to crypto.

Coinbase president Emilie Choi expects USDC’s updated reserves policy to be in full effect by September.

Institutional Crypto.com customers in more than 60 countries can now make U.S. dollar bank transfers to and from their USDC wallets.

The Coinbase website now states that USD Coin is “backed by fully reserved assets,” contrary to the now-removed claim of “backed by U.S. dollars in a …

Circle is willing to operate under supervision of the Federal Reserve, the U.S. Treasury, the OCC, and the FDIC, CEO Jeremy Allaire said.

USD Coin holders will soon be able to transfer the stablecoin via human-readable addresses across supported wallets and crypto exchanges.

Support for withdrawals comes shortly after Crypto.com launched support for USDC deposits, thanks to a new partnership with USDC issuer Circle.

Grant Horton has conducted an audit on USDC’s reserves and Jim Cramer has questioned what’s going on with Tether’s commercial paper reserves.

Circle’s share of the stablecoin market has grown to 23.5% in 2021, trailing only Tether. By going public, its “share will increase further?”