Crypto Live News There were speculations that Circle and Tether, which supports USDC and USDT respectively, have some connection with FTX and Alameda. However, Jeremy Allaire, Circle CEO cleared via T...
Tag: Circle
Tether, Circle deny exposure to FTX, Alameda
The issuers of the two largest stablecoins, Tether and Circle, have distanced themselves from the FTX situation, saying they have no exposure to the struggling crypto exchange or Alameda Research. Te...
Circle CEO Calls FTX Collapse Crypto’s Lehman Brothers Moment
Co-founder and CEO of Circle, Jeremy Allaire, stressed that a lot in the crypto industry needs to change, given the recent developments surrounding the FTX exchange. Altaire called the recent crisis ...
Yuga Labs, Circle, SkyBridge Among Investments FTX Ventures Made Prior to Liquidity Issues
Among the biggest names in which FTX Ventures invested were Bored Ape Yacht Club creator Yuga Labs, USDC stablecoin issuer Circle, layer 1 blockchains Near Protocol and Sui, crypto lender BlockFi and ...
Circle CEO Allaire calls FTX crisis crypto’s ‘Lehman Brothers’ moment
Jeremy Allaire, co-founder and CEO of Circle, said the FTX insolvency crisis, which has thrown the crypto market into turmoil, is the “Lehman Brothers” moment for crypto. “Fina...
Circle Announces Euro Coin (EUROC) Expansion to Solana Blockchain
USDC issuer Circle announced plans to expand native support of its Euro-backed stablecoin – Euro Coin (EUROC) – to the Solana blockchain in the first half of 2023. Sheraz Shere, Head of Payments at S...
Solana Will Host the Euro Coin Stablecoin of Circle
The Solana Breakpoint conference is going on in Lisbon city of Portugal. It started from 4th November 2022 and is going to last till 7th November 2022. The event has recently witnessed an announcement...
Stablecoin Issuer Circle Moves USDC Reserves Into Fund Managed by BlackRock
US-based peer-to-peer payments company Circle has moved some of its USD Coin (USDC) stablecoin reserves into a fund controlled by $10 trillion asset management firm BlackRock. In a blog post written b...
Stablecoin USDC: Circle chooses BlackRock
A few days ago, Circle officially announced that it is transferring its USDC stablecoin reserves to a fund managed by BlackRock. Indeed, thanks to a real partnership signed with BlackRock, the Circle...
SOL price forecast after Google Cloud becomes validator and Circle adds support
Google Cloud made an announcement that it is running a validator on the Solana (SOL/USD) blockchain and will add features that will welcome new developers and node runners. USD Coin (USDC/USD) issuer ...
USDC Issuer Circle Adds Solana Support, But SOL Price Falls 10%
USDC issuer Circle is beefing up its Solana support in the first half of 2023 with the Euro Coin (EUROC) project and access to its Cross-chain Transfer Protocol. According to a Nov. 6 tweet, Circle, a...
Circle to Introduce Euro Coin and Cross-Chain Transfer Protocol to Solana in Early 2023
USD coin issuer and digital financial technology firm Circle is now set to expand its Euro Coin and cross-chain transfer protocol to the Solana ecosystem in the first half of 2023. The Euro Coin is a ...
USDC Issuer Circle Plans To Pour Investment In Circle Reserve Fund Amid Bearish Market
The USDC issuer has started investing funds into its CRF (Circle Reserve Fund) to ensure that holders can redeem their coins when they want. Many crypto firms faced issues this 2022 due to the market ...
Circle to Release Euro Coin on Solana in First Half of 2023
10 seconds ago | 2 mins read Altcoin News FTX cryptocurrency exchange will let users deposit and withdraw Euro Coin on Solana. The USDC may now be transferred natively across blockchains. In the first...
Circle Starts Moving USDC Reserves Into a Blackrock-Managed Fund, Firm Expects to Be ‘Fully Transitioned’ Next Year – Bitcoin News
According to the crypto firm Circle Internet Financial, the company is “deepening” its partnership with the world’s largest asset manager Blackrock. Circle disclosed that it has started to transfer US...
Circle is bringing Euro Coin to Solana in first half of 2023
Payments firm Circle is bringing Euro Coin to the Solana blockchain and expanding its cross-chain protocol to Solana in the first half of 2023. Circle only launched Euro Coin as a European take ...
Circle To Invest in BlackRock Managed Circle Reserve Fund
10 seconds ago | 2 mins read Editors News Together with the asset manager, it established a government money market fund. The official blog article states that it will be exclusive to Circle. Circle, ...
Circle Starts Investing in BlackRock-Developed Reserve Fund
The issuer of the stablecoin USDC – Circle – announced investing in the Circle Reserve Fund to manage a portion of the USDC reserves. The SEC-registered fund was set up by BlackRock, and its portfolio...
Circle starts pouring money into its Reserve Fund, aims to fill it in 2023
Circle, the issuer behind USD Coin (UDSC), announced that it has now begun to invest part of its funds in Circle Reserve Fund, created earlier in a partnership with the world’s largest asset manager, ...
Circle Has Started Building New Reserve Funds With BlackRock
Circle, the Web3.0 unicorn that is in charge of the issuance and maintenance of the USD Coin (USDC) stablecoin, has revealed it has started building a new and robust reserve fund dubbed the Circle Res...
Circle Begins Putting Reserves Into New BlackRock Fund
“This is a wrapper for the USDC reserve that brings benefits of that wrapper to the USDC and the ecosystem,” said Circle Chief Financial Officer Jeremy Fox-Geen, in an interview with CoinD...
Circle Begins Putting Money into Its Reserve Fund, Plans to Have It Fully Stocked by 2023
According to Circle, the assets will be kept at the Bank of New York Mellon, where the fund will be governed under the Investment Company Act of 1940, which calls for an independent board and daily po...
Circle to put a portion of USDC reserves into new BlackRock fund
Circle, the issuer of the stablecoin USDC, set up a new fund with BlackRock to help manage the stablecoin’s reserves. Circle will place a portion of USDC reserves into the Circle Reserve F...
Singapore permits stablecoin issuer circle in-principle license to propose payment products
The Monetary Authority of Singapore has approved Circle’s license. The license was about in-principle acceptance for massive payment institutions. The MAS approved the license on November 2, 2022. Sta...
Paxos And USDC Issuer Circle Receive Regulatory Approval From Singapore
In a recent development, the stablecoin issuers Circle and Paxos have received approvals in Singapore. According to the report, the Monetary Authority of Singapore (MAS) signed the licenses for the fi...
USDC Issuer Circle Receives License To Operate in Singapore
11 seconds ago | 2 mins read Altcoin News The USDC issuer reportedly kept recruiting new staff members in Singapore. Stablecoin issuer, Paxos, acquired the same digital-token payment services license....
Circle Secures In-Principle Regulatory Approval From Singapore’s MAS – crypto.news
USDC Coin (USDC) stablecoin issuer Circle has received in-principle approval from The Monetary Authority of Singapore (MAS) to offer digital payment services in Singapore, according to a press release...
Circle and Paxos Secure Regulatory Approval in Singapore
The issuer of the stablecoin USDC – Circle – and the blockchain infrastructure platform – Paxos – received licenses from the Monetary Authority of Singapore (MAS) to offer services in the city-state. ...
Stablecoin issuers Circle and Paxos gain approvals in Singapore
Stablecoin issuers Circle and Paxos have each received approvals for their respective licenses from the Monetary Authority of Singapore (MAS), the city-state’s central bank. Circle received in-princip...
Circle, Paxos secure regulatory approval from Singapore financial watchdog
On Nov. 2, the Monetary Authority of Singapore (MAS) approved Paxos’ license and granted in-principle approval to Circle. Paxos is the issuer of Paxos Standard (USDP) and the co-issuer of Binance USD ...
Merit Circle Set To Burn $147 Million Worth Of MC Tokens
In a new development, the prominent player in gaming and metaverse, Merit Circle, is moving to sustain its value, The DAO voted to burn all MC tokens left in its Community Incentives wallet. This proc...