Circle to Expand USDC Stablecoin to Australia and APAC Region Through Strategic Partnership

October 2, 2024 Bitcoin.com

APAC

Mark Carnegie’s MHC Digital Group is partnering with Circle Internet Financial to expand the distribution of the stablecoin USD Coin (USDC) to institutional investors in Australia and the broader Asia-Pacific (APAC) region. This strategic collaboration aims to help superannuation funds and high-net-worth individuals avoid significant bank fees by leveraging USDC, which has a market capitalization […]

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

Robinhood, Revolut eye entry into stablecoin market — Report

September 26, 2024 Coin Telegraph

Circle

Both Robinhood and Revolut are reportedly considering issuing their own stablecoins as the industry continues to expand.

Fintech giants Robinhood and Revolut are eyeing the stablecoin market, as new regulations in Europe promise to deliver regulatory clarity and impact crypto-native companies’ market share.

According to a Sept. 26 Bloomberg report citing unnamed sources, both Robinhood and Revolut are considering issuing their own stablecoins as the industry continues to expand.

The stablecoin market has been largely dominated by Tether’s USDt (USDT). The stablecoin issuer has benefited from the broader macroeconomic landscape and crypto market turbulence over the past two years, including banking crises and regulatory crackdowns on firms in the United States.

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

Circle Launches New ‘Compliance Engine’ for Companies Building On-Chain, Says CEO Jeremy Allaire

September 26, 2024 The Daily Hodl

Altcoins

USDC-issuer Circle has rolled out a new compliance tool designed to help companies build on-chain. The “Compliance Engine” will automatically integrate with Circle’s programmable smart wallets designed for developers, says Jeremy Allaire, the firm’s chief executive. “We’ve built up tremendous capabilities in this area over the past decade, and we’re now taking those capabilities and […]

The post Circle Launches New ‘Compliance Engine’ for Companies Building On-Chain, Says CEO Jeremy Allaire appeared first on The Daily Hodl.

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

USDC issuer Circle launches onchain compliance platform

September 24, 2024 Coin Telegraph

Circle

It's an important step toward winning the tokenized RWA market as Circle continues to vye with stablecoin leader Tether.

Circle Internet Financial, the issuer of U.S. Dollar Coin (USDC), has launched a suite of blockchain-based compliance products designed to help “companies build onchain while meeting rigorous demands for compliance,” according to a Sept. 24 social media post by Circle CEO Jeremy Allaire.

The platform, called Compliance Engine, includes transaction screening and monitoring tools to identify suspicious transactions and a service specializing in compliance with Know Your Customer (KYC) requirements such as the United States’ Travel Rule, Allaire said.

“We’ve built up tremendous capabilities in this area over the past decade, and we’re now taking those capabilities and exposing them to developers and operations teams that are building financial applications onchain,” Allaire said.

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

Crypto Biz: Circle prepares to debut on Wall Street

September 20, 2024 Coin Telegraph

BitGo

Stablecoin issuer Circle is moving forward with its public offering debut and plans to shift its headquarters to Wall Street in 2025.

Stablecoin issuer Circle is moving forward with its initial public offering (IPO) debut and plans to shift its headquarters to Wall Street in 2025, according to CEO and founder Jeremy Allaire.

Circle filed for an IPO in January, pending the approval of the United States Securities and Exchange Commission.

In another strategic move to strengthen its USD Coin (USDC) as a regulated version of the digital US dollar, Circle has recently integrated its stablecoin with the national banking systems of Brazil and Mexico. The integration will give businesses in both countries real-time access to USDC through local financial institutions.

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

Circle’s USDC Stablecoin Now Available in Brazil and Mexico via the Two Countries’ National Payment Systems

September 18, 2024 The Daily Hodl

Altcoins

Stablecoin issuer Circle is announcing the support of national bank transfers involving USDC in Mexico and Brazil. In a new blog post, the payments platform says that it will now be offering local bank transfers via PIX and SPEI – the respective national real-time payment systems of Mexico and Brazil – eliminating the need for […]

The post Circle’s USDC Stablecoin Now Available in Brazil and Mexico via the Two Countries’ National Payment Systems appeared first on The Daily Hodl.

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

Sui Surges Over 35% in a Week Amid Plans To Support Native USDC Stablecoin on the Layer-1 Blockchain

September 18, 2024 The Daily Hodl

Altcoins

Layer-1 smart contract platform SUI Network (SUI) is surging after announcing plans to support the stablecoin USDC. In a new blog post, USDC issuer and payments platform Circle says that the network will be adding USDC as well as support for Cross-Chain Transfer Protocol (CCTP), which allows interoperability with other prominent blockchains. “SUI enables developers […]

The post Sui Surges Over 35% in a Week Amid Plans To Support Native USDC Stablecoin on the Layer-1 Blockchain appeared first on The Daily Hodl.

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

Circle Partners With Sony to Introduce USDC on Soneium

September 18, 2024 Bitcoin.com

Altcoins

Circle, a financial services company, and Sony Block Solutions Labs, a Sony Group company, have partnered to launch USDC, a dollar-pegged stablecoin, on Soneium, an Ethereum L2 blockchain. The collaboration includes the launch of Bridged USDC on Soneium to be part of the economy of the emergent ecosystem, becoming a primary token for value exchange. […]

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

Circle CEO Jeremy Allaire Says US at Turning Point and About To Become Decisive Leader in Building Crypto

September 16, 2024 The Daily Hodl

Circle

Circle CEO Jeremy Allaire says that the US is on the cusp of becoming a global leader in crypto innovation and development. In a new thread on the social media platform X, the co-founder of the USDC stablecoin issuer says that the US is nearing a “turning point” where the government is no longer hostile toward […]

The post Circle CEO Jeremy Allaire Says US at Turning Point and About To Become Decisive Leader in Building Crypto appeared first on The Daily Hodl.

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

Fiat-Pegged Crypto Market Expands by $1.39B in Past Week, Led by USDT and USDC

September 16, 2024 Bitcoin.com

Fiat-Pegged Crypto Market Expands by .39B in Past Week, Led by USDT and USDC

Altcoins

Over the past week, the stablecoin market has expanded by $1.39 billion. Once again, tether (USDT) took the lead, with its supply increasing by 610 million USDT during the last seven days. Stablecoin Market Continues to Climb Though the pace has slowed, the stablecoin market keeps inching upward every week. On Sept. 7, the fiat-backed […]

Circle

Share this video