Circle


Finance

‘Stable in Name Only’: Stablecoin Issuers Speak Out as UST Craters

Asset-backed projects want regulators to know that not all stablecoins are created equal.

Stablecoins? (Amelia Spink/Unsplash)

Finance

OpenSea and Circle Back $6M Raise for DAO Platform Syndicate

Nearly 1,200 investment clubs have launched on Syndicate since the platform went live at the end of January.

An illustration of Syndicate's early backers (Syndicate)

Videos

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. 

Recent Videos

Policy

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 CEO Jeremy Allaire. (CoinDesk screenshot)

Finance

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 founder and CEO Jeremy Allaire

Finance

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.”

Stablecoins to Watch: USDC Could Expand to 10 More Blockchains

Policy

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.

Rep. Trey Hollingsworth (Al Drago/Bloomberg via Getty Images)

Layer 2

‘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.

Fra Luca Pacioli  (1445-1517) was one of the earliest accountants. (Leemage/Corbis via Getty Images)

Markets

Circle’s USDC Stablecoin Hits $50B in Circulation

The company published its latest attestation report, giving more details about its assets.

Chart showing the growth of USDC supply. (Circle)