The co-founder and CEO of Circle, Jeremy Allaire, has made a bold prediction that the company-issued stablecoin is on track to surpass payments giant PayPal in terms of transacted dollar value.The comments came in an April 6...
Read MoreA U.S. federal court has granted authorization to the Internal Revenue Service, or IRS, to serve a John Doe summons to fintech firm Circle seeking all information on U.S. taxpayers who traded at least $20,000 worth of crypto...
Read MoreThe Stellar Development Foundation announced Tuesday that an anticipated integration with USD Coin (USDC) is live. Users can now transact with USDC on the Stellar blockchain.The integration with the second-largest...
Read MoreThe sands are shifting in the stablecoin ecosystem, with Circle’s USD Coin quickly eating into the dominance of the sector’s leader, Tether.According to a Feb. 1 report from Glassnode, the amount of USDC on exchanges increased...
Read MoreCircle, the company behind the second most popular stablecoin USD Coin, has rolled out a new API that will allow for the seamless transfer of USDC to USD via automated clearinghouse (ACH) systems. The first exchange to...
Read MoreThe cryptocurrency and blockchain industry grew by leaps and bounds in 2020. The top two assets, Bitcoin (BTC) and Ether (ETH), gained 303% and 469%, respectively, which can be considered extraordinary in comparison with the 25%...
Read MoreJeremy Allaire, CEO and co-founder of peer-to-peer payments firm Circle, sent a letter to senior staff of the United States Department of the Treasury on Dec. 9, appealing for regulators to collaborate with the industry in...
Read MoreSpeaking at Singapore Fintech Festival, Circle CEO Jeremy Allaire said that “third-generation blockchain technology” would see digital currency “in the hands of hundreds of millions, if not billions of...
Read MoreOne of the leaders in U.S. crypto is optimistic that the space will grow under a Biden administration governing from the middle. Jeremy Allaire, the CEO of Circle, took to CNBC’s Squawk Box on Monday to argue that a...
Read MoreVisa has teamed up with blockchain services company Circle to make USD Coin (USDC) stablecoin transactions compatible with certain credit cards.“After Circle itself graduates from Visa’s Fast Track program, likely sometime next...
Read MoreOriginally launched as an attractive alternative to traditional fiat business accounts for Internet-based ventures, the latest features for the Circle Business Account appear to take aim at a different kind of competitor: the...
Read MoreThere has been significant excitement in the industry since PayPal last week announced its intention to enter the cryptocurrency market. The rollout of new crypto services — the ability to both make crypto payments and buy...
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