Circle plans to expand into roughly 40 emerging and developing markets as demand for stablecoins grows globally, Chief Executive Jeremy Allaire told Reuters, signaling a push to broaden the reach of its USDC dollar-pegged stablecoin beyond established markets. … [Read more...] about Circle targets 40 new markets as stablecoin demand grows
Samsung brings USDC transfers to 82 million Galaxy phones
Samsung is moving ahead with its stablecoin plans, confirming that USDC transfers will launch directly inside Samsung Wallet for eligible Galaxy devices in the United States later this month. … [Read more...] about Samsung brings USDC transfers to 82 million Galaxy phones
Binance invests $100 million in Circle as USDC partnership expands
Binance has invested $100 million in Circle, deepening the relationship between one of the world's largest crypto exchanges and the issuer of the USDC stablecoin. … [Read more...] about Binance invests $100 million in Circle as USDC partnership expands
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
Visa’s strategic leap: harnessing Solana and USDC for global transactions
Visa, a long-established heavyweight in the financial world, is taking a transformative step into the cryptocurrency domain. Recognizing the expansive potential of digital currencies, the company is integrating Solana blockchain and the USDC stablecoin to enhance its cross-border payment system. … [Read more...] about Visa’s strategic leap: harnessing Solana and USDC for global transactions
Mastercard to settle stablecoin payments in Australia
The digital payment solution will process all transactions with USDC … [Read more...] about Mastercard to settle stablecoin payments in Australia
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