Circle Will Launch USDC on Celo Network
Circle plans to introduce USDC, a stablecoin pegged to the US dollar, to the Celo blockchain network. To enhance its capacity and performance, Celo, a blockchain network that operated independently at first, is joining the Ethereum network as a Layer 2 scaling solution. “Circle is proud to join the mission-driven Celo ecosystem as a blockchain […]
Circle Registers for US IPO
Following the collapse of a SPAC agreement with Concord Acquisition in late 2022, the USDC issuer Circle is attempting to go public once more. The US Securities and Exchange Commission (SEC) received a confidential S-1 form from stablecoin operator Circle, per a press release on January 11. The draft outlines Circle’s intention to go public […]
Circle Backs Binance, Says SEC Can’t Regulate Stablecoins
Circle, the issuer of the USDC stablecoin, has filed an amicus curiae brief in support of Binance, the world’s largest crypto exchange, in its ongoing lawsuit with the SEC. Circle argues that stablecoins are not securities and should not be regulated as such by the SEC. An amicus curiae brief can provide additional information, arguments, […]
Circle Integrates Web3 Platform Into Singapore ‘Super App’ Grab
Grab, the leading software firm in Southeast Asia, is collaborating with Circle, a USDC stablecoin issuer, to test a web3 wallet within its super-app. On September 14, Circle made the news that Singaporean Grab users would have access to these new services through the recently launched “Grab Web3 Wallet.” This Grab app integration with Circle’s […]
Circle Launches USDC Stablecoin on Base, OP Mainnet
A plan to launch USDC on six blockchain networks, including Polygon PoS, was announced by the Boston-based stablecoin issuer Circle. Users of Base, a decentralized network hatched by Coinbase, now have access to layer-2 native USDC and USDC liquidity. As a result, a bridge is not required to transfer the second-largest stablecoin in crypto to […]