Tag: Circle
USDC Stablecoin Backer Circle Doubles in Value to $9B in New Deal With SPAC
Circle has received a valuation of $9 billion in a new transaction terms with special purpose acquisition company (SPAC) Concord Acquisition Corp.
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Circle, the company behind the USDC stablecoin, doubles valuation to $9 billion
Circle, the firm behind the stablecoin USDC, has doubled its valuation to $9 billion following a new deal with blank-check company Concord Acquisition [...]
Circle Launches ‘Digital Financial Literacy’ Module for Students at Bowie State and Rhodes Universities
The unit is part of the Entrepreneurial and Technological Empowerment Program, which is supported in South Africa by the U.S. Department of State.
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Cathie Wood’s ARK ETF reportedly buys 6.93M shares of SPAC merging with Circle
Cathie Wood's Ark Invest has reportedly purchased 6.93 million shares of the special purchase acquisition company, or SPAC, that is merging with Circl [...]
[SPONSORED] Circle, USDC and Dharma: Powering the Next Wave of DeFi Access
Decentralized Finance — or DeFi — has experienced immense growth, with total value locked in smart contracts passing $250 billion in November 2021.&nb [...]
Bitcoin performs classic bounce at $40.7K as BTC price comes full circle from January 2021
Bitcoin (BTC) bounced off what is for some a key level on Jan. 9, closely mimicking events from September 2021. BTC/USD 1-hour candle chart (Bitsta [...]
Circle and Endaoment to create USDC-based disaster relief fund for communities impacted by deadly tornado
Circle, the company that created the USDC stablecoin, announced a partnership with public charity Endaoment to create a disaster relief fund. The f [...]
Mexican Crypto Exchange Bitso Incorporates Circle Solutions for Cross-Border Payments Initiative
Wire transfers to Bitso Shift will take between 24 to 48 hours to process, while in-app exchanges between U.S. dollar-backed stablecoins and Mexica [...]
Bitso and Circle work on crypto payments between Mexico and US
Bitso, a major Latin American cryptocurrency exchange, is collaborating with the USD Coin (USDC) stablecoin operator Circle to launch a new cross-b [...]
Circle Launches Initiative to Boost Global Financial Inclusion
Circle, the payment services company that operates stablecoin USD Coin (USDC), has launched an initiative aimed at helping minorities and women, as [...]
Circle to invest in Japanese yen stablecoin as part of expansion to Asia
Circle, the United States-based issuer of USD Coin (USDC), has set its sights on thriving Asian crypto markets. In a move to strengthen its presenc [...]
USDC issuer Circle supports proposal to regulate stablecoin issuers as banks
Issuers of stablecoins like Tether (USDT) and USD Coin (USDC) may soon be required to work under the same regulations as banks, but that seemingly [...]
Circle Establishing Singapore Hub Amid Global Expansion
“You cannot build an always-on, global internet finance business without considering Singapore as a hub,” said Dante Disparte, Circle’s Chief Strat [...]
Circle Launches Venture Capital Fund for Early-Stage Blockchain Projects
Digital currency firm Circle launched the Circle Ventures fund to support early-stage blockchain projects and companies. The fund, which doesn’t ha [...]
Yield Guild Games Invests $175K in Merit Circle to Expand Scholarship Program
Yield Guild Games (YGG), a decentralized gaming startup, said it invested $175,000 in Merit Circle to help “bring play-to-earn to the masses.”YGG s [...]