Circle Internet Financial is reportedly looking to raise a further $250 million in funding to counter the bear market slump.
The Series B funding was led by seasoned VC firm Accel and included investment from Benchmark, which led the firm's $16m Series A.
Chuck Kimble, who helped promote the USDC stablecoin for Circle, has joined blockchain startup Celo as head of strategic partnerships.
Crypto finance startup Circle’s USDC stablecoin was fully backed with fiat reserves at the close of 2018, according to auditing firm Grant Thornton.
CoinDesk profiles Jeremy Allaire, the CEO of the Goldman Sachs-backed crypto startup Circle that had a banner year in 2018.
Poloniex announced it was opening institutional trading accounts as of Tuesday.
Circle Internet Financial had $127.5 million at the end of last month, enough to back the total number of USDC stablecoins in circulation.
Binance, one of the world’s largest cryptocurrency exchanges by trading volume, is adding support for stablecoin USDC.
PwC's Hong Kong division is exploring best practices for issuing stablecoins with non-profit Loopring Foundation. Auditing, though, is another matter.
Coinbase is providing support for the Circle-issued USDC stablecoin. The token will initially be supported through Coinbase Wallet.
Malta-based cryptocurrency exchange OKEx has announced that it is listing four U.S. dollar-pegged cryptocurrencies for trading.
Crypto company Circle is reportedly moving to acquire SeedInvest, a crowdfunding platform for startups.
Crypto finance firm Circle has officially released its dollar-pegged stablecoin for limited trading, the company announced Wednesday.
The survey also found that roughly 25 percent of millennials are interested in investing in cryptocurrencies over the next year.
A number of major cryptocurrency firms are forming the Blockchain Association to lobby Washington, D.C. lawmakers on regulations in the space.