Category: Circle

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Report: Stablecoin Giant Circle Eyes 2024 Public Listing

According to anonymous sources familiar with the matter, Circle Internet Financial Ltd., the second-largest stablecoin issuer, plans to go public in 2024 via backing from Blackrock, Goldman Sachs, and others. The news follows Circle’s special-purpose acquisition company (SPAC) plans to offer an initial public offering that was shelved in 2022. Unnamed Sources Say Circle Is…
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USDC Stablecoin Issuer Circle Contemplates Potential IPO for 2024

Source: Circle Internet Circle Internet, the issuer of USD Coin stablecoin, is eyeing a potential initial public offering (IPO) in early 2024, according to Bloomberg. The company is currently in discussions with advisors to weigh the feasibility and timing of such a move to the public markets, as informed by undisclosed “people wither knowledge of…
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Crypto Biz: Value of X halves, CME rises among top Bitcoin futures exchanges, and other news

The CME booms as the crypto industry anticipates the approval approval of a spot Bitcoin ETF in the United States. The crypto industry continues to anticipate the approval of a spot Bitcoin exchange-traded fund (ETF) in the United States as more investment managers file amended applications with the Securities and Exchange Commission (SEC). The high…
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Circle to phase out consumer accounts, but business and Mint will remain

Stablecoin issuer Circle sent emails to customers stating that individual consumer accounts would be phased out. Stablecoin issuer Circle will close out consumer or individual accounts on November 30, according to emails received by Circle customers on October 31. In an email to Cointelegraph, the stablecoin issuer confirmed that it is closing the accounts but…
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Circle launches Web3 development platform for Web2 developers

Circle announced the launch of a new platform that uses pre-vetted templates to make building Web3 apps easier for traditional developers. Stablecoin issuer Circle has launched a new tool that it says will allow developers to “remove the complexity” of building Web3 apps, according to an announcement and accompanying social media post on October 19.…
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Circle admitted by judge as amicus curiae in SEC vs. Binance lawsuit: Report

The orders to pass the pending motion come just a day before the key hearing between Binance and the SEC on Oct. 12. United States District Judge Amy Berman Jackson of the District Court for the District of Columbia has reportedly signed multiple orders to clear pending motions in the ongoing lawsuit filed by the U.S.…
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USDC issuer partners with Philippines exchange to promote stablecoin

18 million users of Coins.ph are expected to receive a faster, lower-cost and more accessible remittance option as a result of the new partnership with Circle. Circle, the issuer of the U.S. dollar-pegged stablecoin, USDC (USDC), is increasing its presence in the Philippines with a new local partnership. On Oct. 10, Circle announced a strategic…
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Circle launches native euro stablecoin on Stellar

The EURC stablecoin (formerly EUROC) is now available on Stellar in addition to Ethereum and Avalanche. Stablecoin issuer Circle has launched a Stellar network version of its euro-backed stablecoin, EURC, according to a Sept. 26 announcement. EURC was previously only available on the Ethereum and Avalanche networks. Hello Europe meet our new friend EURC on…
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Circle launches USDC stablecoin on Polkadot Asset Hub

Polkadot USDC users should not deposit XCM-transferred USDC from non-Polkadot Asset Hub parachains, Circle has warned. USD Coin (USDC), the second-largest stablecoin by market capitalization after Tether (USDT), continues expanding across different blockchain networks, now being launched on Polkadot. USDC issuer Circle has officially launched USD Coin on the Polkadot network, the firm announced on…
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Today in Crypto: Elderly Women Accuse US Man’s ‘Bitcoin Exchange’ of Scam, DigiFT Launches ‘First Regulatory-Compliant Ethereum Staking Token’, Qredo Wallet Integrates USDC

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Elderly Women Accuse US Man’s ‘Bitcoin Exchange’ of Scam, DigiFT Launches ‘First Regulatory-Compliant Ethereum Staking Token’, Qredo Wallet Integrates USDC  Read more »Sign up for e-EUR – the…
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