Tag: circle stablecoin

Apr 12 2022

Breaking: USDC Issuer Circle To Raise $400 Mln In BlackRock Deal

Apr 12 2022 Published at Coingape under tags  blackrock circle stablecoin news

Circle Internet Financial said on Tuesday it entered a $400 million funding agreement with several asset managers, including the world's largest, BlackRock Inc. The funding round, which also involves Fidelity Management, Marshall Wace, and Fin Capital, is expected to close in the second quarter. Circle is the issuer of the USDC token , which was...

Mar 31 2022

Just-In: Circle Picks BNY As Custodian Of USDC Reserves

Financial infrastructure provider Circle Internet Financial said on Thursday it had picked Wall Street BNY Mellon as the primary custodian for the reserves backing its stablecoin USD Coin (USDC). Circle is the creator and the main...

Dec 16 2021

Nov 18 2021

Bitso and Circle Partner To Launch Cross-border Payments Tool Between Mexico and The U.S

Bitso, a Latin American crypto exchange giant, is partnering with the USD Coin (USDC) stablecoin operator Circle to start a new cross-border payment tool between the United States and Mexico. According to an announcement by Bitso on Thursday, the main aim of the integration is to offer the Mexican people, an alternative option of sending The post Bitso and Circle Partner To Launch...

Aug 12 2021

Circle CEO claims traditional banks will soon indulge in stablecoins

Aug 12 2021 Published at Coingape under tags  circle stablecoin etcbtc etceth etcusd etcusdt

Circle Pay, one of the largest digital currency company’s CEO, Jeremy Allaire commented on the efficiency of stablecoins and its bright future in the US banking system. He compared the stability and low risk offered by the stablecoin market to that of the traditional banking system. "Stablecoins are becoming so big that they are going The post Circle CEO claims traditional banks will...

Aug 05 2021

Aug 01 2021

Know a good blog/source that is not listed? Contact us or fill the form below to add one: