Circle


Finance

Centre Consortium Hires Six Employees, Including Former Circle, PwC Executives

The new hires create a pathway for Centre to expand membership beyond just Circle and Coinbase.

Centre CEO David Puth

Videos

Circle: USDC to Be Backed 100% by Cash, US Treasurys by September

By September, Circle announced its stablecoin USDC would be 100% backed by cash and short-term U.S. government Treasurys. This following the USDC developer revealing in July only 61% of tokens were backed by cash and money-market funds, amid plans to go public via a SPAC deal that would value the firm at $4.5 billion.

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Markets

USDC to Be Backed 100% by Cash, US Treasurys

The USDC developer revealed last month that only 61% of tokens were backed by "cash and cash equivalents."

Dollars

Markets

What We Know – and Don’t Know – About Stablecoins’ Dollar Backing

(Updated Oct. 31, 2021) As information disclosed by issuers varies, it’s not easy for investors to make apple-to-apple comparisons.

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Videos

USDC Builder Circle Wants to Become a ‘Full-Reserve National Commercial Bank’

“The Hash” hosts discuss the industry implications for Jeremy Allaire’s Circle, a neo-bank and stablecoin USDC issuer, intending to become “a full-reserve national commercial bank.” “This is an ambitious plan, but the idea of having an FDIC-insured digital asset bank would be very notable for the sector,” host Zack Seward said.

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Finance

USDC Builder Circle Says It Wants to Become a National Crypto Bank

The plans would take Circle well beyond the OCC banking charter already conditionally issued to several firms.

Circle founder and CEO Jeremy Allaire

Policy

Poloniex Agrees to $10M Settlement With SEC for Operating Unregistered Exchange

The exchange violated securities law, according to the SEC.

Circle Internet Financial Ltd Firm, Backed BY Goldman Sachs Group Inc Acquires Poloniex Inc : illustration

Markets

No More Lengthy Wallet Addresses – Send USDC to 'username.coin'

Being able to use a simple username akin to a Twitter or Instagram handle may make sending crypto payments more like sending an email or a text.

Unstoppable Domains CEO Matthew Gould (left) and Chief Technical Offier Braden Pezeshki

Markets

Why Stablecoins Are Suddenly in the News

From questions surrounding Tether's USDT to Circle's plan to go public, here is your guide to why everyone is suddenly talking about stablecoins.

The dollar amount of stablecoins has soared this year above $100 billion.

Markets

SEC Chair Hints Some Stablecoins Are Securities

Stock tokens and stablecoins backed by securities might be treated as securities under U.S. law, SEC Chair Gary Gensler said.

SEC Chair Gary Gensler