Boston-based cryptocurrency payments startup Circle Internet Financial will shortly submit its application to operate as a bank in the United States. With the announcement from CEO Jeremy Allaire, Cir...
Tag: Circle
Circle Doubles Down on Its Crypto Bank Charter Plans for ‘Near Future’
Circle has confirmed that it is on course to securing approval for a bank charter and is already discussing with regulators. Circle Internet Financial Limited has said that it will soon apply for a US...
Stablecoin USDC Issuer Circle to Apply for U.S. Crypto Banking License
Circle Internet Financial, the second-largest stablecoin USDC issuer, said it is now close to applying to U.S. regulators to operate as a bank. The company did not disclose when it would file the subm...
Circle to raise $400M in BlackRock-led funding round
Circle Internet Financial Ltd., the payments company behind the USD Coin (USDC), has signed an agreement to raise $400 million in a new funding round. The firm announced this news yesterday, noting th...
Circle Lands $400 Million Funding From Fidelity and BlackRock
Circle Internet Financial has received $400 million in funding from the likes of BlackRock and Fidelity, indicating a growing acceptance of cryptocurrencies by traditional finance. The Boston-based f...
BlackRock’s Newest Investment Paves The Way For Digital Assets On Wall Street
Larry Fink thinks Russia-Ukraine war could accelerate the use of digital currencies © 2020 Bloomberg Finance LP Five years ago, BlackRock’s chairman Larry Fink famously called bitcoin an “index of mon...
USDC Issuer Circle Secures $400M Funding from Fidelity and BlackRock
Circle, the company behind USD Coin (USDC), has bagged funding worth $400 million from different players, including Fidelity Management, BlackRock Inc, and Research LLC, signalling traditional finance...
USDC Stablecoin Issuer Circle Raises $400 Million Fund For Expansion
USD Coin Issuer Circle Internet Financial Ltd has completed a $400 million funding round, with participants like Fidelity Management and Research LLC and BlackRock Inc participating. Other investors i...
BlackRock Joins Circle’s $400 Million Funding Round
Payment technology company, Circle has become the latest firm in the financial ecosystem to raise significant funds for its expansion. The company has entered into an agreement for a funding round wor...
Asset Manager BlackRock Enters Strategic Partnership with Circle – crypto.news
Circle Internet Financial, the principal operator of market-leading stablecoin USD Coin (USDC), has announced plans to raise $400M in its latest funding round. The stablecoin issuer has entered into t...
Circle announces $400 million raise, partnership with BlackRock
Crypto payments company Circle announced a $400 million funding round on Tuesday. The firm is also partnering with management giant BlackRock as a strategic investor. The round, expected to close in...
Circle Raises $400 Million From BlackRock, Fidelity, and Others
USDC stablecoin issuer and global finance company Circle has raised $400 million in a new funding round that is expected to close in the second quarter of the year. Participants in the funding round i...
How Crypto Company Circle Announced $400M With BlackRock
Crypto company Circle announced a $400 million funding round. The company behind stablecoin USDC entered an agreement to conduct the round that is expected to close in the second quarter of the year, ...
Circle Raises $400M, Eyes Capital Market Applications For USDC
Key Takeaways Circle, the company behind the second-largest stablecoin on the market, USDC, has raised a $400 million funding round. Investors in the latest raise include the world’s largest ass...
USDC Issuer Circle To Raise $400 Mln In BlackRock Deal
Circle Internet Financial said on Tuesday it entered a $400 million funding agreement with several asset managers, including the world’s largest, BlackRock Inc. The funding round, which also involves ...
Circle Announces $400M Funding Round and Partnership With BlackRock
Circle – the finance firm that issues USDC stablecoins – recently raised $400M from major finance firms including Blackrock, Fidelity, Marshall Wace, and Fin Capital. Among them, Blackrock has also en...
FIS Worldpay Partners with Circle for Merchant Payment Settlements in USDC Stablecoin
FinTech FIS announced Wednesday that its Worldpay business will be the first payment firm to give global merchants the ability to receive settlements in USD Coin (USDC stablecoin cryptocurrency). That...
Banking Circle Names Nick Tubb as Global Head of FX
The payments bank, Banking Circle has recently announced the expansion of its team with the appointment of Nick Tubb, former European Sales Director at AFEX Ltd, as the company’s new Global Head of fo...
CEO Behind $50 Billion Stablecoin Explains Why Not All Digital Dollars Are Created Equal
Circle CEO Jeremy Allaire Circle Financial Jeremy Allaire is CEO of Circle, one of the primary issuers of the dollar-pegged USD Coin, one of the fastest growing stablecoins in the world. With a market...
Circle selects BNY Mellon as custodian for USDC reserves
On Thursday, USD Coin (USDC) operator Circle announced that it had selected financial institution BNY Mellon as the custodian of its USDC reserves. Founded in 1784, BNY Mellon is one of the oldest ban...
Circle Unveils BNY Mellon as Custodian for USDC Reserves – crypto.news
Circle announced the selection of BNY Mellon, one of the oldest U.S. banks and one of the first to embrace custody of digital assets, as the principal custodian for USD Coin (USDC) reserves. BNY Mello...
USDC Reserves Will Be Custodied With BNY Mellon, Says Circle
Circle has selected Bank of New York Mellon as its primary custodian for USD Coin (USDC) reserves. In the past six months, Circle has seen its valuation double to $9 billion and the market cap of its...
Circle Taps BNY Mellon to Serve as Custodian for USDC Stablecoin Reserves
The Bank of New York Mellon Corporation, popularly known as BNY Mellon, has been selected to serve as the “primary custodian” for the reserve assets behind the USDC stablecoin, a cryptocurrency whose ...
Circle Chooses BNY Mellon to Custody USDC Reserves – Bitcoin News
Boston-based Circle Internet Financial has announced the company has selected BNY Mellon to custody the firm’s usd coin (USDC) reserves. The company’s dollar-pegged crypto asset is currently the secon...
Circle Picks BNY As Custodian Of USDC Reserves
Financial infrastructure provider Circle Internet Financial said on Thursday it had picked Wall Street BNY Mellon as the primary custodian for the reserves backing its stablecoin USD Coin (USDC). Circ...
BNY Mellon Becomes New Custodian of USDC Reserves Via Partnership With Circle
Circle, a global Internet financial payments company and issuer of the USDC stablecoin, announced today that the Bank of New York Mellon Corporation (BNY Mellon) has become the primary custodian of US...
Ripple and Circle have a lot in common for crypto payments platform –
Ripple and Circle are competitors in their own league for crypto payments Shift towards blockchain payments has increased considerably 250 digital banks have come up accounting for 20% of the total ...
Ripple Identified as “Opportunity in Payments” Alongside Circle by Goldman Sachs
Tomiwabold Olajide Report highlights RippleNet, a network of institutional payment providers A recent report by Goldman Sachs’ Investment Banking Division, “Overview of Digital Assets and ...
HubSpot Hack Results In Data Breach Of Major Companies Like Circle And BlockFi
HubSpot is a popular CRM tool that many companies use to store their users’ details, such as phone numbers, names, email addresses, etc. These companies use the information they collect to facilitate ...
Are Crypto users in Kenya hooked in yet another crypto scam; Bitstream Circle?
Lately, the country has reported coming across several crypto Ponzi schemes, and this time, Bitstream Circle seems to be the fresh one One of the famous crypto firms emerging in Kenya turns out to be ...
Hacker Steals Customer Data From Circle, BlockFi, Other Big Crypto Firms
Crypto companies invest heavily in cybersecurity, but hackers can still burrow in by attacking their third-party vendors. That’s what happened to Circle, BlockFi, Pantera Capital, NYDIG and othe...
Bitstream Circle – Bitcoin News
The masterminds behind the alleged cryptocurrency Ponzi scheme called Bitstream Circle are believed to have stolen more than $10 million in investor funds. The alleged theft became apparent on March 1...