Visa has expanded its stablecoin settlement pilot into the United States, allowing select U.S. issuer and acquirer partners to settle VisaNet obligations using Circle’s USDC rather than only fiat currency — a step the card network framed as a milestone in upgrading the “settlement layer underpinning global commerce.” … [Read more...] about Visa brings USDC settlement to U.S. banks in push to modernize card-network plumbing
Circle weighs transaction reversibility to counter fraud in USDC network
Circle Internet Group is exploring mechanisms to allow transactions in its USDC stablecoin to be reversed in cases of fraud or disputes, according to a Financial Times report. … [Read more...] about Circle weighs transaction reversibility to counter fraud in USDC network
Circle’s $1.05 billion debut signals Wall Street revival for crypto firms
Circle Internet Group's explosive $1.05 billion IPO on the New York Stock Exchange has reignited investor enthusiasm for cryptocurrency listings, marking the largest public offering in the sector since Coinbase’s 2021 debut. The stablecoin issuer priced shares at $31 but opened at $69 and closed at $83.23 on its first day, reflecting surging demand amid improving sentiment in … [Read more...] about Circle’s $1.05 billion debut signals Wall Street revival for crypto firms
Circle ends support for USDC on Tron blockchain, citing risk management concerns
Circle, the issuer of the USD Coin (USDC) stablecoin, has announced the cessation of its support for USDC on the Tron blockchain. … [Read more...] about Circle ends support for USDC on Tron blockchain, citing risk management concerns
Circle and Binance expand their stablecoins to new blockchains
Circle, the company behind stablecoin USDC, announced that it will soon be making USDC available on five additional blockchains. … [Read more...] about Circle and Binance expand their stablecoins to new blockchains
Kraken acquires Circle Trade
San Francisco-based cryptocurrency exchange Kraken has acquired Circle Trade, one of the most recognized over-the-counter (OTC) desks in crypto market that handled over $24 billion in volume in 2018. … [Read more...] about Kraken acquires Circle Trade
Crypto news in brief (May 19, 2019): USDC, Huobi, Coinbase, Xapo
- Circle has released the latest third-party attestation report on USD reserves - Huobi has launched over-the-counter (OTC) service Huobi OTC Desk for high volume institutional clients - Coinbase is negotiating the acquisition of bitcoin custody provider Xapo … [Read more...] about Crypto news in brief (May 19, 2019): USDC, Huobi, Coinbase, Xapo
FINRA issues ATS license to SeedInvest crowdfunding platform
Circle’s SeedInvest is the first equity crowdfunding platform in the U.S. to receive FINRA approval. … [Read more...] about FINRA issues ATS license to SeedInvest crowdfunding platform