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.

Top News

Why is the crypto market down today?

Why is Bitcoin price down today?

Bitcoin is 1 week away from 'confirming' new bull market — analyst

Do Kwon to reportedly appeal against court’s decision to extend detention

XRP price: 'sell the news' moment nears after crypto-leading 20% weekly gain

Circle’s Asia-Pacific vice president said the company currently holds 80% of its reserves but would ultimately like to keep all cash with the Fed in light of th...

Circle prefers reserves and payment rails with the Fed, says exec

Savannah Fortis

2023-03-29T11:25:22+01:00

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Crypto firms that have had the strongest position with United States regulation are now considered “unsafe,” Circle CEO Jeremy Allaire stated.

Banking turmoil pushes crypto to ‘no oversight,’ says Circle CEO

2023-03-23T13:40:00+00:00

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According to the Bitcoin custodian, utilizing the USDC stablecoin will allow members to deposit and withdraw funds without fees.

Xapo Bank to enable USDC deposits and withdrawals

Judith BannermanQuist

2023-03-22T21:51:47+00:00

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Paolo Ardoino said that recent events in the crypto space demonstrate that Bitcoiners were right and that Bitcoin is the “ultimate way” to hold wealth.

Tether CTO on USDC depeg: ‘Bitcoin maxis were right all along’ | PBW 2023

2023-03-22T13:38:23+00:00

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DeFi suffered its biggest attack this year with a flash loan attack on crypto lending platform Euler Finance and the hackers are belived to be same that exploit...

DeFi sees its biggest hack in 2023 as Euler loses $197M: Finance Redefined

2023-03-17T20:20:00+00:00

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“Financial institutions may reconsider adopting stablecoins to settle agreements involving tokenized securities out of concern over the coins’ potential volatil...

USDC depeg will hinder stablecoins’ growth, increase regulatory scrutiny — Moody’s

2023-03-17T20:15:00+00:00

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Turmoil in traditional finance spilled over into Bitcoin and crypto markets, forcing federal regulators to step in.

Crypto Biz: SVB collapses, USDC depegs, Bitcoin still up

2023-03-17T18:00:00+00:00

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The collapse of FTX led to a similar exodus from centralized exchanges, as users worried they may lose access to funds during crises.

Crypto users turned to DEXs, loaded up on USDC after Silicon Valley Bank crash

2023-03-17T02:02:36+00:00

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