Circle, SBI Holdings Partner to Boost USDC Circulation in Japan
Circle’s partnership with SBI Group aims to expand USDC stablecoin adoption and use of Circle’s Web3 Services in Japan. SBI Group and Circle have also pledged to appropriately abide with stablecoin-related laws, including engaging with authorities. SBI VC Trade Co., Ltd. (main office: Minato-ku, Tokyo) is requesting registration as an electronic payment instrument service, subject […]
Circle Announces Upgrade for USDC, EURC Stablecoins
Circle confirmed that a new v2.2 upgrade to USDC and EURC will add new features and sharpen the existing ones. The stablecoin creator Circle, who also offers EURC and USDC, has released a big v2.2 update for these cryptocurrencies. This update, the first significant one since early 2021, intends to improve these stablecoins’ security and […]
Circle to Close Consumer Accounts By the End of November
Circle, the issuer of the USDC stablecoin, has announced that it will phase out support for individual or consumer accounts by the end of November. The move has sparked debate among crypto enthusiasts as Circle faces regulatory challenges from the SEC over the status of stablecoins. On October 31st, a crypto user named Evanss posted […]
Circle Launches ‘Points-to-crypto’ Program With Taiwanese FamilyMart
Stablecoin issuer Circle has partnered with FamilyMart, Taiwan’s second-largest convenience store chain, and BitoGroup, a local cryptocurrency exchange, to allow FamilyMart customers to exchange loyalty points for the Circle-issued USDC. According to the company’s press release from October 26, the FamilyMart app will feature a new “Points-to-Crypto” service. This will enable FamilyMart customers to exchange […]
Circle Partners With Coins.ph to Boost Remittance in Philippines
Coins.ph and global fintech company Circle have partnered to encourage the usage of USDC for remittances in the Philippines. The partnership, revealed in a press release on October 10, intends to give the 18 million Filipino users of Coins.ph and their relatives and loved ones overseas a faster, more affordable, and more convenient remittance option. […]