Circle News

Circle has published filings revealing it is cooperating with a subpoena from the SEC that it received in July.

As onlookers predict that top Chinese property developer and commercial paper issuer Evergrande will default, some analysts believe the firm poses systemic risks to crypto.

Crypto traders flocked to the safety of stablecoins during Tuesday’s market crash.

Coinbase president Emilie Choi expects USDC’s updated reserves policy to be in full effect by September.

Institutional Crypto.com customers in more than 60 countries can now make U.S. dollar bank transfers to and from their USDC wallets.

The Coinbase website now states that USD Coin is “backed by fully reserved assets,” contrary to the now-removed claim of “backed by U.S. dollars in a bank account.”

“Crypto mom” Hester Peirce has slammed the SEC’s $10-million settlement with Poloniex, challenging the opaque regulations that U.S.-based crypto firms must navigate.

Circle is willing to operate under the supervision of the Federal Reserve, the U.S. Treasury, the OCC and the FDIC, CEO Jeremy Allaire said.

As an early crypto bull, Unstoppable Domains CEO Matthew Gould believes that Bitcoin won’t retest its all-time high of $64,000 for at least one year.

USD Coin holders will soon be able to transfer the stablecoin via human-readable addresses across supported wallets and crypto exchanges.

Support for withdrawals comes shortly after Crypto.com launched support for USDC deposits, thanks to a new partnership with USDC issuer Circle.

The Singapore-based crypto trading platform has inked a partnership with stablecoin issuer Circle.

Tether’s general counsel said a full audit is coming in months.

Grant Horton has conducted an audit on USDC’s reserves, and Jim Cramer has questioned what’s going on with Tether’s commercial paper reserves.

Circle’s share of the stablecoin market has grown to 23.5% in 2021, trailing only Tether. By going public, its “share will increase further?”