USD Coin (USDC) operator Circle has seen its valuation double to $9 billion after the company revised its merger agreement with Concord Acquisition Corp, a special purpose acquisition company (SPAC) f...
Tag: Circles
With crypto in focus, Circle’s Allaire sees US winning the digital dollar race
The rise of cryptocurrencies, one of the biggest financial trends to emerge in years, has raised the stakes for regulators to exert more influence over the sector, while protecting investors. The rapi...
Circle’s USD Coin is silently closing the gap to Tether
Tether’s dominance as the largest stablecoin in the crypto space is quietly being eroded by the growth of Circle’s USD Coin (USDC), which now controls around 30% of the stablecoin market. According to...
Circle’s USDC stablecoin gobbles Tether’s market share with 50B milestone
The world’s second-largest stablecoin by market capitalization keeps on growing as it erodes the dominance of the current leader, Tether. The stablecoin landscape is a constantly-shifting dynamic but ...