According to a Bloomberg report, Circle, a prominent player in the stablecoin market, strategically leverages its substantial cash reserves of over $1 billion to weather
Read moreCircle preps $1B war chest to deal with market threats from PayPal and others
Circle’s USDC stablecoin has dropped from $45 billion in circulation at the start of 2023 to just $26 billion as the summer winds down.
Read moreUSDC issuer Circle launches MPC wallet beta for Ethereum, Polygon, Avalanche
The stablecoin issuer launched a service and API that allows developers to create customized wallets for their users.
Read moreCircle CEO: 70% of USDC adoption comes from outside the US
Major stablecoin issuers Tether and Circle are focusing on non-U.S. markets where adoption is growing.
Read moreHere’s How Crypto Offers A Lifeline For This Bahamian Payment Company
The Latin American region faces high costs and challenges of traditional settlements, as people sending money to their close ones have to deal with high
Read moreEuro stablecoin market set to take off, thanks to real-world uses, regulatory clarity: Circle exec
Circle’s Patrick Hansen provided an overview of the euro-denominated stablecoin market at EthCC; it all looks rosy, he said.
Read more