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Circle
USDC Backer Circle to Go Public in SPAC Deal
Amid much debate on the outlook for stablecoin regulation, Jeremy Allaire’s Circle, which issues stablecoin USD coin (USDC), is going public in a special purpose acquisition company (SPAC) deal. “Circle has a huge opportunity to provide more transparency than any other stablecoin issuer,” CoinDesk’s Nikhilesh De said.
USDC Stablecoin Backer Circle to Go Public in $4.5B SPAC Deal
Circle will go public by way of Bob Diamond's Concord Acquisition Corp.
Circle Isn't Winning the Stablecoin Transparency Race
Stablecoin projects increasingly compete on transparency. Circle's two-month-old data on "approved investments" leaves something to be desired.
USDC on Tron Blockchain Surpasses $100M 2 Days After Public Unveiling
The growth could be the result of traders looking for faster and cheaper transactions compared with Ethereum.
Stablecoins to Watch: USDC Could Expand to 10 More Blockchains
USD coin (USDC), a stablecoin currently on four blockchain networks with a market cap of $25 billion, could soon be on as many as 10 more networks, including Tezos. USDC is an Ethereum-based stablecoin managed by the CENTRE consortium, started by fintech firm Circle and crypto exchange Coinbase.
Jeremy Allaire on the Digital Dollar's Future: 'The Central Government Absolutely Does Not Need to Issue a Digital Currency'
Circle CEO Jeremy Allaire discusses the challenges and significance of USDC potentially expanding to 10 more blockchain networks, the broadest expansion in stablecoin history. "The central government absolutely does not need to issue a digital currency," he said. Plus, breaking down the difference between tether (USDT) and USDC as USDT risks come into focus.
USDC Stablecoin Could Soon Expand to 10 More Blockchains
The stablecoin with a market cap of $25 billion is currently on four networks.
Crypto.com Joins With Circle to Enable USD Deposits for USDC
Users will be able to wire transfer their funds to Circle and receive USDC at a 1:1 conversion rate.
Borderless to Launch $25M Miami Blockchain Fund With Algorand, Circle
Miami was chosen because of its blockchain and crypto-friendly outlook.
USDC Builder Circle Raises $440M
Announced Friday, Circle has raised $440 million from a roster of major backers.