The firm behind the second largest stablecoin by market cap is backing out of a multi-billion dollar deal to go public. According to an official announcement, Circle and Concord Acquisition Corp are m...
Tag: Issuer
USDC Issuer Circle Terminates SPAC With Concord
Circle SPAC Termination News: Circle Internet Financial, the company behind stablecoin USDC, on Monday officially announced it was terminating its special purpose acquisition company (SPAC) with Conco...
USDC issuer Circle terminates SPAC merger with Concord
Circle, the issuer of USD Coin (USDC), announced the mutual termination of its proposed merger with the special purpose acquisition company (SPAC) Concord Acquisition on Dec. 5. The deal was announced...
USDC issuer Circle terminates SPAC deal but plans to go public remains
Circle announced it has come to a mutual agreement with Concord to terminate acquisition plans The deal was initially announced in July 2021 and would have allowed Circle to go public Circle CEO assur...
Bitcoin, Ether Not Securities Because They Have No Issuer: Belgium Regulator ⋆ ZyCrypto
Advertisement     The regulator of the European country said cryptocurrencies issued by computer codes are not considered securities. Brussels is neutral to blockchain...
Dai Stablecoin issuer MarkDAO votes to remove Alameda’s renBTC from its reserve – crypto.news
MarkDAO, the DAI stablecoin issuer, passed a governance proposal to remove renBTC from being used as collateral and reduce exposure to what it described as a risky asset. The contagion effect of the F...
Stablecoin Issuer Tether Explains How FTX and Alameda Collapse Has No Effect on USDT
Tether, the largest stablecoin issuer in the world, has released a statement assuring investors that USDT is in no way affected by the meltdown of crypto exchange FTX and its trading arm Alameda Resea...
Crypto stablecoin issuer Circle adds Apple Pay support
Circle, the issuer of the United States dollar-pegged stablecoin USD Coin (USDC), has added support for Apple Pay — with the intention of bringing the crypto and traditional payment systems closer tog...
USDC Stablecoin Issuer Circle Introduces Support For Apple Pay
2 hours ago | 2 mins read Altcoin News Apple Pay is the second most popular digital wallet in the United States. Circle claims that conventional stores would profit from Apple Pay integration. Circle,...
Find Why US Officials Ordered This Crypto Issuer to Freeze $19M
The after-effect of FTX Collapse has been seen clearly as the Federal law enforcement asked the crypto issuer, Paxos, to freeze assets associated with four ether addresses as investigations into FTX c...
USDC Stablecoin Issuer Circle Has Allowed Businesses To Use Apple Pay
USD Coin Issuer Circle has mentioned that Apple has now allowed and enabled crypto payments that will be using stablecoin on their payment platform. Merchants who accept the USDC will now be able to d...
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...
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...
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 ...
Singapore Tests Institutional DeFi on Ethereum, Welcomes USDC Issuer
The Monetary Authority of Singapore’s (MAS) decentralized finance pilot program just executed “the first real-world use case for institutional-grade DeFi protocols,” Aave founder Stani Kulechov told D...
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....
DeFi Bond Issuer Porter Attempts Rebrand — Without its Founder
Arbor, formerly Porter, will let DAOs issue bonds for interest rates as high as 20% Porter Finance’s original founder closed the platform in July, shortly after its launch In July, Porter Finance shut...
Stablecoin Issuer Frax Finance Unveils Ether Staking Service With a Dual Token Model
Called Frax Ether, the liquid staking system, went live on Oct. 13 in a soft community launch with an official announcement expected soon. The system has three components – frax ether (frxETH), staked...
Binance Pay Adds Support for Cardano Stablecoin Issuer COTI
– Advertisement – Binance Pay users can now send, receive, and make payments using COTI. Binance Pay, a cryptocurrency payment solution designed by Binance, has added support for COTI. Th...
Tokens.com Announces Normal Course Issuer Bid Program
TORONTO–(BUSINESS WIRE)–Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) (“Tokens.com” or “the Company”), a publicly-traded company that invests in web3 as...
USDT issuer Tether no longer holds commercial paper in its reserves
Join Our Telegram channel to stay up to date on breaking news coverage Tether Holdings Limited, the issuer of the USDT stablecoin, has reduced its exposure to commercial paper to zero. By doing this, ...
Stablecoin Issuer Tether Now Holds Zero Commercial Paper
Stablecoin issuer Tether has revealed that it now holds zero commercial paper after months of gradually reducing its commercial debt holdings for its reserve assets. The development comes less than t...
Stablecoin Issuer Tether Fulfills Promise by Reducing Commercial Paper Holdings Down to Zero – Bitcoin News
On October 13, 2022, Tether Holdings Limited announced that the stablecoin issuer has reduced the company’s commercial paper holdings down to zero. The company has said it would reach this goal for a ...
Tether stablecoin issuer freezes 8.2M USDT on Ethereum: Data
Tether has frozen a total of 215 USDT addresses on Ethereum in 2022 so far, according to data compiled by ETH researcher Philippe Castonguay. Major stablecoin issuer Tether froze yet another batch of ...
Stablecoin Issuer MakerDAO Invests $500m into U.S Treasuries & Corporate Bonds
MakerDAO, a decentralized autonomous organization (DAO) tasked with the governance and issuance of stablecoin DAI, on Thursday allocated $500 million for investment in U.S. short treasuries and corpor...
Stablecoin USDC Issuer Circle Launches Verit-based Institutional Digital Identity System
On October 1, Circle, the US dollar stablecoin USDC issuer, announced the launch of an institutional digital identity system based on Verit, an open source framework for the issuance, custody, and ver...
Circle Launches Cross-Chain Transfer Protocol, USDC Issuer Acquires Payment Orchestration Firm Elements – Bitcoin News
On Thursday, at the Converge22 event in San Francisco, Circle announced the acquisition of the payment orchestration company Elements. Circle explained that the acquisition includes plans to “quickly ...