USDC to Be Backed 100% by Cash, US Treasurys

The USDC developer revealed last month that only 61% of tokens were backed by "cash and cash equivalents."

News  ·  23 August 2021

What We Know – and Don’t Know – About Stablecoins’ Dollar Backing

As information disclosed by issuers varies, it's not easy for investors to make apple-to-apple comparisons.

Markets  ·  10 August 2021

USDC Builder Circle Says It Wants to Become a National Crypto Bank

The plans would take Circle well beyond the OCC banking charter already conditionally issued to several firms.

Business  ·  9 August 2021

Poloniex Agrees to $10M Settlement With SEC for Operating Unregistered Exchange

The exchange violated securities law, according to the SEC.

Policy & regulation  ·  9 August 2021

No More Lengthy Wallet Addresses – Send USDC to ‘username.coin’

Being able to use a simple username akin to a Twitter or Instagram handle may make sending crypto payments more like sending an email or a text.

News  ·  4 August 2021

Why Stablecoins Are Suddenly in the News

From questions surrounding Tether's USDT to Circle's plan to go public, here is your guide to why everyone is suddenly talking about stablecoins.

Markets  ·  27 July 2021

SEC Chair Hints Some Stablecoins Are Securities

Stock tokens and stablecoins backed by securities might be treated as securities under U.S. law, SEC Chair Gary Gensler said.

News  ·  21 July 2021

Circle Reveals Assets Backing USDC Stablecoin

Crypto's No. 2 stablecoin is backed mostly – 61% – by cash and cash equivalents. Here's what comprises the rest.

Business  ·  20 July 2021

Crypto Long & Short: Crypto Needs More Than VC Interest

Plus: Correcting misconceptions about institutional interest in crypto, and why Circle going public may bring greater regulatory clarity in the U.S. for stablecoins.

Markets  ·  18 July 2021

Market Wrap: Bitcoin Holds Above $30K but Price Chart Looks ‘Ugly’

Also, Circle might be an attractive "starter stock for the cautious" when it goes public, according to one analyst.

Markets  ·  16 July 2021

Tether Hasn’t Printed New USDT in Weeks: 3 Possible Explanations

Here are three reasons why the stablecoin's tremendous growth has screeched to a halt.

Markets  ·  16 July 2021

State of Crypto: Binance Is Firmly in the Regulatory Crosshairs

World regulators have announced warnings around Binance, drawing attention to the exchange's operations and hinting at future actions.

Policy & regulation  ·  13 July 2021

Which Crypto Firms Will Follow Coinbase, Circle Into the Public Markets?

Last week saw two crypto SPACs in two days. We asked stock analysts, “Who’s next?”

Business  ·  12 July 2021

What Investors Need to Know About Circle’s Listing

Ahead of the crypto firm's public market debut via SPAC, here are the key considerations for potential investors, according to our columnist.

Opinion  ·  9 July 2021

USDC Assets to Be Disclosed in SEC Filings, Circle CEO Says

“Our intention is to include greater reserves transparency” as the stablecoin operator goes public via a SPAC deal, Jeremy Allaire told CoinDesk TV Friday.

News  ·  9 July 2021