5 / 9 Relevant items tagged with #Circle

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Circle launches native euro stablecoin on Stellar

[Sep 26, 2023 12:48 PM] The EURC stablecoin (formerly EUROC) is now available on Stellar in addition to Ethereum and Avalanche.

Circle's Euro-Pegged Stablecoin Is Now Available on Stellar Network

[Sep 26, 2023 9:45 AM] With expanding EURC stablecoin to Stellar, Circle expects to boost European remittance channels, cross-border payments, treasury management and aid disbursement.

Wormhole integrates native USDC transfers for four blockchain networks

[Sep 20, 2023 7:00 AM] Wormhole integrated with Circle’s Cross-Chain Transfer Protocol, allowing USDC to be sent between Ethereum, Avalanche, Arbitrum and Optimism.

Circle launches USDC stablecoin on Polkadot Asset Hub

[Sep 19, 2023 8:11 AM] Polkadot USDC users should not deposit XCM-transferred USDC from non-Polkadot Asset Hub parachains, Circle has warned.

Superapp Grab, Stablecoin Issuer Circle to Start Web3 Wallets Trial in Singapore

[Sep 14, 2023 2:51 AM] The Grab Web3 Wallet will be available to users of the ride hailing, food delivery and digital payments app to use vouchers in non-fungible token (NFT) form and earn rewards.

Grab, Uber’s Southeast Asian rival, debuts Web3 services with Circle

[Sep 14, 2023 2:04 AM] Grab, Southeast Asia’s Uber-like super app, is working with the USDC issuer Circle to enable Web3 services for its 187 million users.

Stablecoin de-pegging plagued USDC and DAI more than others: Analysts

[Sep 11, 2023 10:25 PM] Stablecoins from Circle and MakerDAO have been more unstable than those from Tether and Binance over the past couple of years, according to a new report from S&P Global.

U.S. Fed’s Vice Chair Barr Says CBDC Decision Still a ‘Long Way’ Off

[Sep 8, 2023 7:57 AM] The U.S. is far from making any decision on a central bank digital currency (CBDC), said Federal Reserve Vice Chairman Michael Barr, who described the Fed as still being in the “basic research” phase.

Tokenization Advocacy Group Wants to Bring the 'Next Trillion' of Assets to Blockchain

[Sep 7, 2023 7:00 AM] Founding members such as Coinbase, Circle and Aave Companies aim to foster the use of blockchain technology for traditional assets.

Visa Taps Solana and USDC Stablecoin to Boost Cross-Border Payments

[Sep 5, 2023 8:55 AM] The company said it is one of the first major payment institutions to use directly the Solana network for settlements.

Latam Insights: Worldcoin Breaks Records in Argentina, Circle Brings USDC to Chile

[Sep 4, 2023 3:30 AM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Worldcoin reaches record verifications in Argentina, Circle partners with Mercado Pago to bring USDC to…

Circle Partners With Mercado Pago to Offer USDC to Chilean Customers

[Sep 1, 2023 2:30 AM] Circle, a financial services company, has announced a new partnership with Mercado Pago, Mercado Libre’s digital payments wallet, to bring the USDC stablecoin to its Chilean customers. The partnership will allow millions of users in Chile to…

Circle launches USDC stablecoin on Mercado Pago in Chile

[Aug 29, 2023 2:15 PM] The partnership will purportedly bring USDC to 2 million users in Chile.

USDC will launch natively on Base network 'next week' — Jeremy Allaire

[Aug 29, 2023 1:10 PM] Circle announced that a Base version of its USDC stablecoin would be available soon, eventually eliminating the need for the USDbC bridged version.

Crypto Biz: Coinbase-Circle re-alignment, Binance fiat hurdles, and USDC at Shopify

[Aug 25, 2023 3:30 PM] This week's Crypto Biz explores the latest on Binance's global on-ramps and off-ramps, Coinbase-Circle re-alignment, Shopify's take on USDC and China's blockchain data exchange.

Shopify Customers Can Now Pay In USDC Via Solana Pay

[Aug 23, 2023 2:23 PM] Solana Pay, the payment protocol built on the Solana blockchain, is now plugged into e-commerce giant Shopify, allowing users to pay in USD Coin (USDC), the companies announced Wednesday.

Coinbase Acquires Equity Stake in Circle; Companies Reshape USDC’s Future

[Aug 22, 2023 3:00 AM] In a joint statement, Jeremy Allaire, CEO of Circle, and Brian Armstrong, CEO of Coinbase, announced the dissolution of the Centre Consortium. Consequently, Circle will take exclusive charge of the issuance and governance of USDC. Additionally…

Coinbase takes equity stake in Circle as USDC Centre Consortium shuts down

[Aug 21, 2023 3:44 PM] Circle will take on full operational and governance responsibility after five years, thanks to increased regulatory clarity.

Coinbase Gets a Stake in Stablecoin Operator Circle and USDC Adds 6 New Blockchains

[Aug 21, 2023 2:07 PM] The Centre Consortium, jointly managed by Circle and Coinbase, is being shut down and Circle is bringing issuance and governance of the USDC stablecoin in-house.

Circle Strategic Defense: $1 Billion War Chest Shields Against Shrinking Market Share

[Aug 10, 2023 10:00 PM] According to a Bloomberg report, Circle, a prominent player in the stablecoin market, strategically leverages its substantial cash reserves of over $1 billion to weather fresh competition from non-crypto giants like PayPal.  The company’s…

Circle preps $1B war chest to deal with market threats from PayPal and others

[Aug 10, 2023 11:15 AM] Circle’s USDC stablecoin has dropped from $45 billion in circulation at the start of 2023 to just $26 billion as the summer winds down.

USDC issuer Circle launches MPC wallet beta for Ethereum, Polygon, Avalanche

[Aug 8, 2023 10:30 AM] The stablecoin issuer launched a service and API that allows developers to create customized wallets for their users.

Circle Seeks to Make Crypto Payments Easier With New 'Programmable Wallets'

[Aug 8, 2023 6:37 AM] Circle’s Programmable Wallets platform is available now for developers on Ethereum, Avalanche and Polygon, with plans to expand to other blockchain later this year.

Circle CEO: 70% of USDC adoption comes from outside the US

[Aug 7, 2023 10:50 PM] Major stablecoin issuers Tether and Circle are focusing on non-U.S. markets where adoption is growing.

Stablecoins: A Potential Counter to De-Dollarization

[Aug 3, 2023 7:44 AM] Demand for greenbacks in the global economy is increasingly flowing into permissionless stablecoins, even as domestic policies and foreign efforts like a BRICS-issued currency could erode the U.S. dollar's overall dominance.

Here’s How Crypto Offers A Lifeline For This Bahamian Payment Company

[Jul 25, 2023 9:30 AM] The Latin American region faces high costs and challenges of traditional settlements, as people sending money to their close ones have to deal with high rates of transfer, and a portion of the population still remains unbanked. However, in a recent…

USDC Market Cap Drops As Redemptions Climb To $1.4 Billion

[Jul 17, 2023 7:00 PM] As one of the biggest stablecoins, USDC is one of the major players in the crypto industry. However, the stablecoins have seen better days, as the stablecoin has seen its market cap drop drastically over the past few months. The second-largest…

Euro stablecoin market set to take off, thanks to real-world uses, regulatory clarity — Circle exec

[Jul 17, 2023 10:36 AM] Circle’s Patrick Hansen provided an overview of the euro-denominated stablecoin market at EthCC: It all looks rosy, he said.

Circle CEO spells doom scenario for US dollar in warning to Congress

[Jul 13, 2023 7:32 PM] Jeremy Allaire claimed the U.S. dollar is “under threat” and urged lawmakers to pass stablecoin regulation to “build trust” in a digital dollar.

Circle To Lay Off Staff And Refocus On Core Activities

[Jul 13, 2023 9:00 AM] Circle, the company behind the USDC stablecoin, has recently laid off a portion of its workforce amid a turbulent year for the digital asset industry. According to the company, the recent layoffs aimed to maintain a strong balance sheet. And by…