Circle

Circle USDC Reserves Are 80% Short-Term Treasury Bonds

According to the USDC Circle Examination Report, the present circulation of $47.2 billion in USDC is backed by $47.7 billion…

2 years ago

Exhaustion Of USDC Reserves Causes FTX Transaction Congestion

There were several occurrences of USDC withdrawals that had to wait quite a time from last night to this morning…

2 years ago

Circle Will Introduce Euro Coin To Solana Early In 2023

In the first half of 2023, payments company Circle will add Euro Coin to the Solana blockchain and extend its…

2 years ago

Circle Internet Financial Starts Moving USDC Reserves To Dedicated Fund Managed By BlackRock

Circle Internet Financial revealed on Thursday that it has begun moving its USDC stablecoin reserves into a dedicated fund managed…

2 years ago

MAS Launches First Pilot Of Digital Asset Industry And DeFi

The Monetary Authority of Singapore (MAS) announces the first pilot under the MAS Guardian Project framework to explore potential DeFi…

2 years ago

Mark Murphy Is Elevated To President At Digital Currency Group During Reorganization

According to a person with knowledge of the issue, Mark Murphy has been promoted from president to chief operational officer…

2 years ago

Circle USDC Stablecoin Issuer Receives Digital Payment License In Singapore

The USDC stablecoin, which has a market valuation of more than US$43 billion, is issued by Circle Internet Financial Ltd.…

2 years ago

Circle Partners With Axelar To Enable USDC To Be Used In Cross-chain Applications

Circle and Axelar have launched a collaboration centered on the usage of USDC and cross-chain applications. The first chains that…

2 years ago

USDC Doption Is Lagging Outside Of The Coinbase US

United States-based cryptocurrency exchange Coinbase says the adoption of USDC has been “more conservative” outside of the U.S., which it…

2 years ago

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