Circle News

Spanish multinational banking giant BBVA has started offering Circle’s USDC stablecoin for its high-profile clients via its Swiss arm. BBVA’s institutional and private banking clients in Switzerland can now manage Circle’s stablecoin USD Coin (USDC) alongside traditional investments on the…

The Stabila Foundation has launched a new initiative to boost stablecoin adoption within the Celo ecosystem, aiming to drive real-world use cases for the network. The Celo (CELO) blockchain ecosystem has welcomed a new foundation focused on increasing the adoption…

Stablecoin issuer Circle is planning to enable the tap-to-pay feature using USDC on Apple iPhones In an Aug. 14 post on X, the firm’s CEO, Jeremy Allaire, pointed to a recent announcement from the California-based tech giant where it said…

With the rise of the Markets in Crypto-Assets Regulation in Europe, questions have risen whether Tether’s USDT stablecoin could maintain its dominance for the long term. Data from rwa.xyz shows that Tether (USDT) is currently dominating the stablecoin market with…

Binance is set to convert over a dozen tokens into the USDC stablecoin while also delisting six additional tokens as part of its latest platform adjustments. Cryptocurrency exchange Binance is set to convert multiple tokens on its platform to USDC…

Circle, the issuer of the stablecoin USDC, has announced that it will end support for its stablecoin on the Flow blockchain effective Sept. 3, 2024. In a blog post on Aug. 5, Circle announced that its decision to end USDC…

USDT issuer Tether disclosed net profits of $1.3 billion in the second quarter of the year, adding to the $4.5 billion generated in Q1 to set a new record. Tether’s (USDT) second quarterly attestation reported that the company hit $5.2…

Cryptocurrency exchange Bybit has released the twelfth proof of reserve, featuring a 17.8% increase in USDT holdings. Crypto investors are showing an increased appetite for stablecoins as the Bybit crypto exchange revealed in its latest proof of reserve nearly an…

In the past week, Circle has injected nearly $1 billion in fresh liquidity into the Solana ecosystem. 

Stablecoin issuer Circle is expanding its reach with the launch of its MiCA-compliant euro-backed stablecoin on layer-2 chain, Base. Circle is bringing its regulated stablecoin, pegged 1:1 to euro (EURC), to Coinbase‘s layer-2 network called Base as part of its…

As Europe gears up for the implementation of MiCA regulations, demand for compliant stablecoins has primarily benefited only one company, data shows. Europe’s Markets in Crypto-Assets Regulation (MiCA), aimed at regulating the crypto market and specifically targeting stablecoins, triggered a…

Circle officially has authorization to passport its USDC stablecoin services across Europe under the bloc’s MiCA laws. 

Circle co-founder and CEO Jeremy Allaire says that he’s “insanely bullish” in his belief that crypto is in the very early stages of adoption. Circle is the company behind the world’s second-largest stablecoin by market cap USDC. Allaire, who entered…

Cloud-based multi-asset platform Uphold has begun notifying some of its customers about its decision to suspend support for Tether’s USDT, and Gemini’s GUSD among other stablecoins. Multi-asset trading platform Uphold will cease support for a basket of stablecoins due to…

Circle has expanded its Web3 Services, adding support for Solana, the company said in an announcement. Circle’s Web3 Services empower businesses and developers looking to launch on-chain apps. To bring these benefits to Solana, Circle is launching its Programmable Wallets…

In a bid to demonstrate cheap payments with USDC, Coinbase faced backlash from the Bitcoin community for not selling pizzas for BTC during Bitcoin Pizza Day. Cryptocurrency exchange Coinbase came under fire from the Bitcoin community for its unconventional celebration…