Circle Eyes Issuing Stablecoin Under New Japanese Law
Circle, the US-based financial services company and issuer of the popular stablecoin USDC, is exploring the possibility of issuing a stablecoin in Japan. In an interview, Jeremy Allaire, co-founder, and CEO of Circle, stated that he thought Japan might become a key market for stablecoins, especially if they become widely accepted in cross-border trading. Following […]
Circle Receives Digital Token License in Singapore
Circle, the creator of the USDC stablecoin, is extending its reach in the Asian market with a new license to conduct business in Singapore. The Monetary Authority of Singapore (MAS), the country’s central bank, has granted Circle Singapore, affiliated with Circle Internet Financial, a Major Payment Institution (MPI) license. With the MPI license, Circle Singapore […]
Circle to Integrate Native USDC on Arbitrum Blockchain
Circle will introduce USDC natively on the Arbitrum blockchain. This step is expected to enhance transaction speed and affordability, fostering innovation in the DeFi ecosystem. In a recent announcement, Circle revealed plans to natively launch the US Dollar Coin (USDC) official version on the Arbitrum network. This move is part of a strategic collaboration with […]
Circle freezes 75,000 USDC linked to blacklisted Tornado Cash addresses
Stablecoin issuer Circle has frozen more than 75,000 USDC linked to unsuspecting Tornado users and has blacklisted the smart contract addresses linked to the users’ accounts. According to crypto data aggregator Dune Analytics, Circle, the creator of the USD Coin (USDC) stablecoin, frozen over 75,000 USDC worth of funds linked to 44 Tornado users’ addresses […]
Circle Partners With BlackRock For A $400 Million Funding Round
While already managing USDC cash reserves, BlackRock is now looking into the potential of USDC stablecoin in the financial markets, with its partnership with Circle. Circle, the primary operator of the UDC Coin (USDC) and a major peer-to-peer payments firm, has announced a $400 million funding round as well as a new partnership with the […]