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Circle
Circle Raises $400M as BlackRock Explores USDC
USDC issuer Circle has raised $400 million in a recent funding round which included Wall Street leaders BlackRock and Fidelity. “The Hash” group discusses USDC’s potential as the dominant stablecoin for payment services and possible integrations of blockchain technology into traditional financial services.
Centre Hires 2 Executives to Oversee Regulation, Operations
Former regulator Linda Jeng will join as Centre’s chief policy and regulatory officer, while former Diem executive Danielle Harold will be the consortium’s chief operations officer.
Circle Raises $400M as BlackRock Explores USDC
BlackRock and Fidelity headlined the stablecoin issuer's latest funding round, which follows a $440 million raise last May.
Circle Enlists FIS, Crypto.com for Merchant Payments Settled in USDC
The deal with FIS Worldpay is meant to free firms from the “fiat-only ecosystem.”
Newly Introduced Bill Aims to Bring Transparency to the Stablecoin Marketplace
The aptly-named “Stablecoin Transparency Act” would require issuers to report on their reserves.
‘Correctly’ Was Wrong: Circle’s Accountant Tweaks Fine Print of USDC Attestation
Grant Thornton has switched from calling the $52.3 billion stablecoin’s reserve accounts “correctly stated” to the more equivocal “fairly stated.” Here’s why that matters.
Circle’s USDC Stablecoin Hits $50B in Circulation
The company published its latest attestation report, giving more details about its assets.
Lehman Brothers Bargain Hunter Bob Diamond Now Paying Up for Crypto
Diamond’s SPAC Concord is now valuing stablecoin issuer Circle at $9 billion, twice the initial valuation.
USDC Stablecoin Backer Circle Doubles in Value to $9B in New Deal With SPAC
Circle was valued at $4.5 billion in its initial agreement with Concord Acquisition Corp. in July 2021.