Circle


Policy

Crypto Execs Ask for Clearer US Regulatory Policy After FTX Collapse

The CEOs of Coinbase, Ripple and Circle called for clearer policy framework in a tweet thread started by Sen. Elizabeth Warren.

U.S. Securities and Exchange Commission in Washington D.C. (Getty Images)

Finance

Stablecoin Heavyweights Circle and Tether Distance Themselves From FTX, Alameda

FTX was one of the investors in Circle's financing round of $440 million last year.

Director de Estrategia de Circle, Dante Disparte (izquierda), y director ejecutivo, Jeremy Allaire. (Nikhilesh De/CoinDesk)

Finance

USDC Issuer Circle to Add Solana Support for Euro Coin in 2023

The stablecoin was introduced in June and is backed by a mix of cash and European government debt.

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Finance

Circle Begins Putting Reserves Into New BlackRock Fund

The assets backing Circle Internet Financial’s USDC will finish moving into an SEC-regulated money market fund early next year.

Circle (Sandali Handagama/ CoinDesk)

Videos

Singapore Regulator Grants Licenses to Stablecoin Issuers Circle and Paxos

The Monetary Authority of Singapore (MAS) has granted stablecoin issuer Circle an in-principle license that allows it to operate as a payments company in the country. Circle received its approval the same day fellow stablecoin issuer Paxos received its own license. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the significance for the regulatory framework in Singapore.

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Policy

Singapore Grants Stablecoin Issuer Circle In-Principle License to Offer Payment Products

Circle received its approval shortly after fellow stablecoin issuer Paxos received its own license.

Director de Estrategia de Circle, Dante Disparte (izquierda), y director ejecutivo, Jeremy Allaire. (Nikhilesh De/CoinDesk)

Finance

Crowdfunding Platform StartEngine to Acquire Rival SeedInvest From Circle

StartEngine CEO Howard Marks says security token efforts will continue on the combined platform, and terms of the deal were undisclosed.

StartEngine CEO Howard Marks delivering a keynote at the StartEngine Summit conference (StartEngine)

Learn

Fiat-Backed Stablecoins: What You Need to Know About Tether, USD Coin and Others

Fiat-backed stablecoins are cryptocurrencies pegged to the value of real-world currencies, such as the U.S. dollar or euro, and backed by reserves in that currency.

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Markets

Back to Square One? Circle's USDC Market Cap Drops Below $50B for First Time Since Terra's Collapse

USDC's utility has taken a hit in the wake of Binance's decision to consolidate order books and Circle's decision to freeze addresses associated with Tornado Cash.

USDC's market cap drops to lowest since January (CoinGecko, CoinDesk)

Policy

Even 'Safe' Stablecoins Might Pose Financial Stability Risk, New York Fed Says

Researchers at the Federal Reserve Bank of New York published a new paper claiming Circle's USDC stablecoin poses a risk to the broader financial system.

Circle CEO Jeremy Allaire (Danny Nelson/CoinDesk)