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Stablecoin Issuer Circle Expands Web3 Services To Solana, Launches Programmable Wallets And Gas Stations
Thursday, June 13, 2024 - 5:02am | 632Stablecoin issuer Circle announced the expansion of its Web3 service to Solana (CRYPTO: SOL), providing developers on the blockchain with enhanced features needed to launch decentralized apps. What Happened: According to a blog post on Wednesday, the company behind the second-largest stablecoin,...
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BlackRock's Tokenized Fund Gets USDC Cash-Out Option Via Circle Integration
Thursday, April 11, 2024 - 12:17pm | 573Investors in BlackRock’s history-making tokenized fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), now have a way to quickly and easily convert their holdings into (CRYPTO: USDC) stablecoin, thanks to a new collaboration between BlackRock (NYSE:BLK) and Circle Inc. What...
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Alchemy Pay Teams Up With Worldpay To Connect Fiat To Web3 Economy
Tuesday, December 19, 2023 - 5:51pm | 345Singapore-based fintech startup Alchemy Pay joined hands with Worldpay to enable users to purchase cryptocurrencies through credit and debit cards. What Happened: Alchemy Pay is partnering with U.K.-based Worldpay to grant access to the former’s Visa and Mastercard payment rails. “...
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Circle Launches EURC Stablecoin On Fourth Blockchain, Solana Sees 3-Month Surge Of 260%
Monday, December 18, 2023 - 5:48pm | 379Circle’s euro-backed stablecoin, EURC will now be available on Solana for real-time, global payments and all-time available instant foreign exchange trading. What Happened: The Solana (CRYPTO: SOL) blockchain has now added Circle’s (CRYPTO: USDC) euro-backed stablecoin EURC amid the...
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Circle Faces Fresh Accusations By CFA, CCTP Used For Illicit Finance Through Tron
Saturday, December 16, 2023 - 1:47pm | 496USDC (CRYPTO: USDC) issuer Circle is under CFA’s scanner again after the latter reaffirmed accusations of illicit financing and raised questions on its linking to Justin Sun. What Happened: Non-profit ethics watchdog, The Campaign for Accountability (CFA) renewed its accusations on...
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Circle Rejects Watchdog Group's Accusations Of Ties To Hamas Funding
Friday, December 1, 2023 - 5:58pm | 354Digital currency company and USDC stablecoin issuer, Circle has strongly denied accusations made by a Washington watchdog group. The non-profit group Campaign for Accountability has accused the firm of playing a role in the ability of Hamas and Hezbollah to access funding, Decrypt...
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Stablecoin Issuer Circle Teams Up With Japan's SBI Holdings To Maximize USDC Presence
Monday, November 27, 2023 - 10:54am | 354USDC (CRYPTO: USDC) stablecoin issuer Circle signed an agreement with Japanese securities and banking major, SBI Holdings. This will expand stablecoin usage in Japan and widen the use of Circle’s Web3 services. What Happened: The deal will see that the two companies remain compliant with...
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USDC's Market Challenge: Circle's Plan To Revitalize Its Stablecoin As Competition Rises
Wednesday, November 15, 2023 - 12:46pm | 445Circle, the issuer of the stablecoin USDC (CRYPTO: USDC), has introduced the Circle Alliance Program. This initiative aims to unite businesses, institutions, and protocols across various sectors such as fintech, traditional finance, consumer applications, payments, banking, and Web3. As detailed in...
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Circle Announces Upgrade For USDC, EURC Stablecoins: Here Are The Changes In Store
Thursday, November 9, 2023 - 5:49pm | 559Circle confirmed that a new v2.2 upgrade to USDC and EURC will add new features and sharpen the existing ones. What Happened: The new features of the announced upgrade include decreased gas costs, better support for account abstraction, and increased security for transactions on EVM blockchains, as...
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Stablecoins Updates: Circle Raises Red Flag For Consumer Accounts, Tether May Grab With Minimum Limit
Tuesday, October 31, 2023 - 6:59pm | 647Circle’s loss may prove to be Tether’s gain as the former ceased support for stablecoin USDC. Separately, Tether accounted for its highest cash reserves. Industry titans BlackRock, DTCC, OCC, State Street, Société Générale, ...
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Circle Partners With BitoGroup, Taiwan FamilyMart: Convert Loyalty Points To USDC Coin
Thursday, October 26, 2023 - 3:52pm | 535USDC Coin (CRYPTO: USDC) issuer, Circle, announced its partnership with Taiwanese crypto exchange BitoGroup and Taiwan FamilyMart to deepen its presence in the market. The three companies are looking to launch a points-to-crypto service enabling users to convert their FamilyMart loyalty points...
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Circle Collaborates With Philippines Exchange To Promote USDC Remittances
Wednesday, October 11, 2023 - 5:48pm | 576While Circle faces significantly big competition from rival stablecoins issued by Tether (CRYPTO: USDT) and PayPal (CRYPTO: PYUSD), its recent developments like minting native (CRYPTO: USDC) coin, partnerships and integrations across, have taken the USDC issuer on a roll....
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Circle Starts USDC Minting On Polygon PoS, Skips Ethereum Bridges
Tuesday, October 10, 2023 - 5:07pm | 537After contending with the SEC that stablecoins shouldn't fall under the same regulations as traditional securities, Circle has chosen to take the initiative. USDC can now be accessed directly on Polygon PoS without the need for bridges. What Happened: Stablecoin issuer, Circle announced...
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Cosmos Opens Doors To Circle's Native USDC Through CCTP
Tuesday, October 3, 2023 - 1:08pm | 670Circle (CRYPTO: USDC), the issuer of USDC, plans to venture out on Cosmos through its cross-chain transfer protocol system. This is expected to make transfers seamless and benefit USDC's market cap. Find out more on stablecoins. Meet and engage with transformative Digital Asset and Crypto...
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Circle Argues Stablecoins Are Not Securities, Files Friend of Court Brief In Binance-SEC Case
Friday, September 29, 2023 - 11:56am | 664To protect stablecoins from regulatory frameworks as applied to traditional securities, Circle (CRYPTO: USDC) stepped into the legal case of Binance (CRYPTO: BUSD) and the SEC. What Happened: Circle entered an ongoing legal dispute between the SEC and cryptocurrency exchange ...