Newsletter
This week’s rollercoaster reveals one thing about the crypto industry: it is undergoing a period of change.
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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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Circle published a new standard that allows developers to launch an unofficial bridged version of USDC that can later become native and official.
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Crypto firms’ policies on coin listing and delisting must align with a list of standards set by the NYDFS.
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The Campaign for Accountability wanted to let the anti-crypto senators know that the threat of terrorist financing with crypto was worse than they thought.
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Circle initially agreed to go public as part of a $4.5-billion merger in July 2021, but that deal fizzled out.
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The CME booms as the crypto industry anticipates the approval approval of a spot Bitcoin ETF in the United States.
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Stablecoin issuer Circle sent emails to customers stating that individual consumer accounts would be phased out.
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The partnership will allow FamilyMart customers to exchange their loyalty points for the Circle-issued USDC.
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The orders to pass the pending motion come just a day before the key hearing between Binance and the SEC on Oct. 12.
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18 million users of Coins.ph are expected to receive a faster, lower-cost and more accessible remittance option as a result of the new partnership with Circle.
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Circle taps into Ethereum layer 2 Polygon to provide USDC liquidity directly on the proof-of-stake scaling protocol.
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The EURC stablecoin (formerly EUROC) is now available on Stellar in addition to Ethereum and Avalanche.
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Wormhole integrated with Circle’s Cross-Chain Transfer Protocol, allowing USDC to be sent between Ethereum, Avalanche, Arbitrum and Optimism.
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Polkadot USDC users should not deposit XCM-transferred USDC from non-Polkadot Asset Hub parachains, Circle has warned.
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Grab, Southeast Asia’s Uber-like super app, is working with the USDC issuer Circle to enable Web3 services for its 187 million users.
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