Market Wrap: Bitcoin Sells Off as Regulatory Concerns Resurface

“We expect volatility to remain under pressure until mid [to] late August,” said one trading firm.

Markets  ·  8 July 2021

USDC Is Only Circle’s Second-Biggest Business, SPAC Filing Shows

“Transaction and treasury services,” with clients including Dapper Labs, Compound Labs and FTX, is the soon-to-be-public company’s top revenue source.

Business  ·  8 July 2021

Circle CEO Says USDC to Take High Road, But It’s a Long Road

Jeremy Allaire made the promise at a time when investors have been demanding more transparency around USDC.

Markets  ·  8 July 2021

Circle Says It Lost $2M to Email Fraudsters in June

The USDC issuer said in an SEC filing that customer funds were not impacted by the incident.

Business  ·  8 July 2021

Circle Lost $156M on Poloniex Acquisition, SPAC Documents Reveal

The soon-to-be public company is still dealing with Poloniex’s legal woes despite cutting ties in 2019, with securities and sanctions fines to be paid.

News  ·  8 July 2021

USDC Stablecoin Backer Circle to Go Public in $4.5B SPAC Deal

Circle will go public by way of Bob Diamond's Concord Acquisition Corp.

Business  ·  8 July 2021

Circle Isn’t Winning the Stablecoin Transparency Race

Stablecoin projects increasingly compete on transparency. Circle's two-month-old data on "approved investments" leaves something to be desired.

Opinion  ·  6 July 2021

USDC on Tron Blockchain Surpasses $100M 2 Days After Public Unveiling

The growth could be the result of traders looking for faster and cheaper transactions compared with Ethereum.

Business  ·  2 July 2021
USDC Joins With Circle to Enable USD Deposits for USDC

Users will be able to wire transfer their funds to Circle and receive USDC at a 1:1 conversion rate.

News  ·  28 June 2021

Borderless to Launch $25M Miami Blockchain Fund With Algorand, Circle

Miami was chosen because of its blockchain and crypto-friendly outlook.

News  ·  2 June 2021
Funding Rounds

USDC Builder Circle Raises $440M

Announced Friday, Circle has raised $440 million from a roster of major backers.

Business  ·  28 May 2021

A Central Bank Digital Currency Would Be Bad for the US

Calls to "catch" China on digital currency downplay the promise of open financial technology, says Circle's head of global policy.

Policy & regulation  ·  17 May 2021

FTX and Blockfolio Integrate With Circle, Add USDC Settlement Layer

The twin crypto trading hubs plugged into Circle’s payments and banking API Friday.

News  ·  14 May 2021

Visa, Circle Team Up With Fintech Firm to Drive Crypto Adoption in Emerging Markets

Fintech startup Tala aims to use the USDC stablecoin to offer new financial tools.

News  ·  5 May 2021

Circle Adds Signature as a Banking Partner

The partnership will allow for future integrations of Circle products and services within the bank.

News  ·  19 April 2021