A new deposit functionality has been rolled out following news of a Bakkt payment app and Coinbase Card’s expansion into six European nations...
Circle News
Circle is a service for making instant money transfers. The Circle startup was launched in 2013 by Jeremy Allaire and Sean Neville. The Circle app is a platform that allows users not only to send and receive money, but also stores it as well. In 2015, the Circle company got a BitLicense and started operating as a Bitcoin wallet service to trade with cryptocurrency. The main feature of using Circle is that Bitcoin kept in the wallet is insured, so the in case of money being stolen from the user’s account, all the money will be compensated. For this, Circle keeps the equal amount of cryptocurrency on its account to all the Bitcoin stored on the platform. Currently, the Circle finance company uses blockchain technology for not only crypto transactions, but for traditional transfers as well.
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Jeremy Allaire, CEO of payments company Circle, said that Facebook's Libra will run in a closed-loop permission scheme, requiring a different regulatory approac...
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Circle CEO Jeremy Allaire believes non-sovereign cryptos such as bitcoin will see continued growth despite the emergence of assets such as Facebook’s Libra and ...
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Centre consortium founders Coinbase and Circle open invitations to other institutions wishing to issue USD Coin.
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Peer-to-peer payments technology firm Circle is closing its payment app Circle Pay in view of developing new crypto financial services.
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by Helen Partz
Following Circle’s USD Coin launch in late 2018, the firm decided to expand its Centre consortium to more members.
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Major U.S.-based cryptocurrency exchange Coinbase announced that its payment processor Coinbase Commerce now supports Circle’s USD Coin.
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Cryptocurrency research firm Diar indicates that the market capitalization for USD stablecoins has exceeded $4 billion.
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30 employees left the company on May 21, says Jeremy Allaire, amid the turnaround in the crypto markets.
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The CEO of CIrcle, Jeremy Allaire, has said that the crypto space needs regulatory certainty and the current definition of crypto is too broad.
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Goldman Sachs-backed crypto finance startup Circle has published the latest third-party audit of its USD-pegged stablecoin USD Coin.
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The regulatory endorsement allows users to trade startup shares after acquisition.
- Analysis
As the IMF and the bosses of central banks gather to talk digital money, concerns of stability and institutional trust dominate the discussion.
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