Browsing Tag
Circle
270 posts
Euro coin (EUROC) now live on the Avalanche blockchain
Stablecoin issuer Circle has introduced euro coin (EUROC) on the Avalanche network, marking the second blockchain to support…
Bitcoin, Ethereum bears are back in control — Two derivative metrics suggest
Given the uncertainty in the macroeconomic environment, Bitcoin price bulls have no reason to bet against a six-week…
Circle rebalances treasury holdings amid US debt default concerns
Concerns about a possible U.S. government default have prompted Circle, a prominent stablecoin producer, to adjust its treasury holdings.
USDC’s market cap falls, CEO points to regulatory crackdown
Circle CEO Jeremy Allaire attributes the drastic drop in USDC’s market capitalization to the United States regulators’ intensified…
Circle launches cross-chain USDC transfer protocol for Ethereum, Avalanche
The new protocol burns coins on the sending chain, and mints new ones on the receiving chain.
Fed may block Circle from accessing liquidity
Circle, the issuer of USD Coin, may be deemed “ineligible” for access to the Federal Reserve’s money market…
US draft bill on stablecoins places issuers like Tether under the Federal Reserve oversight
A new draft bill that provides a stablecoin framework in the United States will see private issuers such…
US politicians Warren and Ocasio-Cortez probe Circle, BlockFi on SVB relationship
Senator Elizabeth Warren and Representative Alexandria Ocasio-Cortez are questioning some of the largest depositors of the now-fallen Silicon…
USDT market cap surges, while USDC and BUSD record massive declines
Tether USD (USDT), the largest stablecoin by market capitalization, is witnessing an impressive surge in its valuation, having…
Tether supply hits $80B for the first time since May 2022 — Stablecoin rivals stumble
The supply of USDT across cryptocurrency exchanges has dropped 28% in 2023, hinting at an overall decline in…
