Circle


Markets

What Investors Need to Know About Circle's Listing

Ahead of the crypto firm's public market debut via SPAC, here are the key considerations for potential investors, according to our columnist.

Circle CEO Jeremy Allaire

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Circle’s Transparency Pledge

Circle’s CEO, Jeremy Allaire, promised to make the company ”the most public and transparent operator of full-reserve stablecoins.” Circle began issuing quarterly attestation reports to prove that its assets are fully backed; however, the reports don’t state what the assets are backed by. “The upper echelons of Tether truthers are now bringing the same questions to Circle that they’ve brought to Tether,” Zack Seward, CoinDesk’s Deputy Global News Editor, said.

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Markets

USDC Assets to Be Disclosed in SEC Filings, Circle CEO Says

“Our intention is to include greater reserves transparency” as the stablecoin operator goes public via a SPAC deal, Jeremy Allaire told CoinDesk TV Friday.

Circle founder and CEO Jeremy Allaire

Videos

Circle CEO Jeremy Allaire on Taking His Company Public

Jeremy Allaire of Circle, an issuer of stablecoin USDC, says he vows to make his company “the most public and transparent operator of full-reserve stablecoins in the market.” Allaire discusses taking his company public and the mission to increase transparency around USDC.

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Markets

Market Wrap: Bitcoin Sells Off as Regulatory Concerns Resurface

“We expect volatility to remain under pressure until mid [to] late August,” said one trading firm.

Bitcoin 24-hour price chart, CoinDesk 20

Videos

USDC Stablecoin Backer Circle to Go Public in $4.5B SPAC Deal

Jeremy Allaire’s Circle, which issues stablecoin USD coin (USDC), is going public in a special purpose acquisition company (SPAC) deal that values the firm at $4.5 billion. “This deal matters because it’s a continuation of crypto companies making good, going public, and infiltrating the traditional world,” host Adam B. Levine said.

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Finance

USDC Is Only Circle’s Second-Biggest Business, SPAC Filing Shows

“Transaction and treasury services,” with clients including Dapper Labs, Compound Labs and FTX, is the soon-to-be-public company’s top revenue source.

There are layers to Circle.

Markets

Circle CEO Says USDC to Take High Road, But It's a Long Road

Jeremy Allaire made the promise at a time when investors have been demanding more transparency around USDC.

Circle CEO Jeremy Allaire.

Finance

Circle Says It Lost $2M to Email Fraudsters in June

The USDC issuer said in an SEC filing that customer funds were not impacted by the incident.

Circle was the target of an "email fraud incident" in June, according to new SEC filings.

Markets

Circle Lost $156M on Poloniex Acquisition, SPAC Documents Reveal

The soon-to-be public company is still dealing with Poloniex’s legal woes despite cutting ties in 2019, with securities and sanctions fines to be paid.

Circle CEO Jeremy Allaire