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Tag: Circle

USDC to consolidate reserves into cash and US treasuries

August 24, 2021 wp-bot Coinbase, Cointelegraph

Coinbase president Emilie Choi expects USDC’s updated reserves policy to be in full effect by September.

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Crypto.com uses Circle API to launch USD bank transfers in over 60 countries

August 18, 2021 wp-bot Cointelegraph

Institutional Crypto.com customers in more than 60 countries can now make U.S. dollar bank transfers to and from their USDC wallets.

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Bitcoin bulls at risk? Tether growth rate flatlines despite market cap crossing $64B

August 18, 2021 wp-bot Cointelegraph

The market capitalization of the world’s largest stablecoin received a boost despite facing regulatory threats in the United States.

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Coinbase removes ‘backed by US dollars’ claim for USDC stablecoin

August 11, 2021 wp-bot Coinbase, Cointelegraph

The Coinbase website now states that USD Coin is “backed by fully reserved assets,” contrary to the now-removed claim of “backed by U.S. dollars in

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Circle Intends to Become a Full-Reserve National Commercial Bank

August 11, 2021 wp-bot Bitcoin News

Circle, a cryptocurrency fintech services company, announced it intends to become a full-reserve national commercial bank. This would bring a set of responsibilities and duties

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Crypto Company Circle Seeks To Become Global Digital Currency Bank

August 10, 2021 wp-bot Coinbase, News BTC

The company behind the increasingly popular USDC stablecoin dreams big. Circle wants to leverage its know-how and good reputation to become “a global digital currency

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