Crypto Biz: Circle prepares to debut on Wall Street
Stablecoin issuer Circle is moving forward with its public offering debut and plans to shift its headquarters to Wall Street in 2025.
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Stablecoin issuer Circle is moving forward with its public offering debut and plans to shift its headquarters to Wall Street in 2025.
Other Web3 infrastructure platforms, such as Circle, are also considering IPOs.
Circle has significantly enhanced access to USDC by providing integrations with local bank transfers through PIX and SPEI, the real-time payment systems in Brazil and Mexico. This is a huge revolution for companies in both countries; they will no longer depend on slow and expensive international wire transfers. By bypassing the need to convert their […]
Johann Kerbrat, the General Manager of Robinhood Crypto, has raised eyebrows in the crypto space after hinting that the firm may consider launching its own stablecoin. Kerbrat appeared on the Thinking Crypto podcast with Tony Edward and discussed how stablecoins are increasingly becoming a part of the crypto market. However, he did not provide any […]
USDC is now integrated into the banking systems of Brazil and Mexico, allowing businesses to use the USD-pegged stablecoin directly through local financial institutions.
Circle has announced the integration of USDC into the national payment systems of Brazil and Mexico. This expansion…
Circle, lding finncil tchnology compny nd th scond-lrgst issur of stblcoins nnouncd strtgic prtnrship with Sony Block Solutions Lbs on Sptmbr 15. This collbortion rprsnts mjor stp in dvncing th minstrm doption of USDC, widly rcognizd stblcoin pggd to th US dollr. Th prtnrship focuss on intgrting Bridgd USDC Stndrd onto […]
Stablecoin issuer Circle expects internet payment firms and other financial services companies will attempt to enter or expand in the space.
Circle, th compny bhind th USDC stblcoin, is st to mov its globl hdqurtrs to Nw York City, choosing 1 World Trd Cntr s its nw bs. Th mov ligns with Circles prprtion for its upcoming Initil Public Offring (IPO), which is highly nticiptd in finncil mrkts. This strtgic dcision plcs Circle t th hrt […]
2025 could bring stablecoins into the mainstream, after 2024 introduced a "turning point year in crypto," according to Circle's Allaire.
Blockchain investigator ZachXBT has accused USDC issuer Circle of ‘profiting’ from transactions associated with the North Korean hacking outfit Lazarus, and the claims are serious. Web3 investigative star ZachXBT recently blasted Circle and CEO Jeremy Allaire on the social networking platform X. The inability to promptly ban wallets implicated in
Circle, the company behind the stablecoin USDC, has been sued by pharmaceutical company CelaCare after its CEO transferred $1 million worth of USDC to the wrong Ethereum address on July 3, 2024. The money has been lost forever in the incident and now, CelaCare is seeking for the reimbursement of the lost amount from Circle. […]
Its Circles latest effort to embed USDC into Arbitrum, a hub for DeFi, and to compete with Tethers USDT.
Circle announces the discontinuation of USDC support on the Flow blockchain due to an upcoming network upgrade, effective September 3, 2024. (Read More)
Circle’s USD Coin (USDC) stablecoin has crossed the $16 trillion mark in total cumulative volume. While this number falls short of traditional financial powerhouses like Visa, which processed over $12 trillion in payments just last year, it highlights the remarkable growth of stablecoins. Despite their relatively short existence, stablecoins have quickly established themselves as key […]
The post USDC crosses $16 trillion in volume, driven by Solana’s market share appeared first on CryptoSlate.
Forbes partners with OKX Wallet for fast-track access to its NFT-gated member community, offering exclusive access to high-profile events and the Forbes Inner Circle.
Tether's spike in wallet creation, along with Dai's growth, points to a potential crypto market revival driven by new capital.
PYUSD is competing with rivals such as Circles USDC and Tethers USDT.
Coinbase has announced that it would offer EURC, Circle’s euro-backed stablecoin that integrates with Solana. With more and more eyes on the crypto industry, the stablecoin market is seeing more attention worldwide, prompting this move. It is worth mentioning that the most recent declaration follows the exchange’s previous statement that
This weeks Crypto Biz explores Tethers profit record, bank-linked crypto trading in the United Arab Emirates, Polymarkets growth amid US elections, and Coinbase custodian arm.
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