Coinbase says it has taken an equity stake in fellow crypto company/USDC issuer Circle. “The nature of the investment means that Coinbase and Circle will now have even greater strategic and economic alignment on the future of the financial system,” the CEOs of the two...
Crypto investors and businesses alike have been left questioning the implications of the announced closure of Binance Connect by Binance on Tuesday (Aug. 15). The regulated crypto arm of the Binance exchange will close Wednesday (Aug. 16), according to CoinTelegraph. A company spokesperson told the...
Crypto company Circle Internet Financial is counting on its $1 billion cash cushion to weather fresh competition from non-crypto companies such as PayPal Holdings. Stablecoins are a main focus for Circle, and PayPal introduced a U.S. dollar-pegged stablecoin on Monday (Aug. 7). The amount of cash Circle has on...
USDC issuer Circle says it has a way for developers to embed Web3 wallets in their apps. The FinTech on Tuesday (Aug. 8) announced the debut of Programmable Wallets, a wallet-as-a-service platform that is the first product to launch under Circle’s Web3 services. “Leveraging its acquisition of CYBAVO in 2022, Circle’s...
January 15, 2024
Circle’s CEO is confident that 2024 will be the year America adopts stablecoin legislation. While the U.S. has no federal cryptocurrency legislation, Jeremy Allaire, whose company mints the USD Coin stablecoin, said Monday (Jan. 15) he thinks there is a “very good chance” U.S. lawmakers approve a stablecoin bill this year. Allaire spoke with CNBC […]
August 22, 2023
Coinbase says it has taken an equity stake in fellow crypto company/USDC issuer Circle. “The nature of the investment means that Coinbase and Circle will now have even greater strategic...
August 15, 2023
Crypto investors and businesses alike have been left questioning the implications of the announced closure of Binance Connect by Binance on Tuesday (Aug. 15). The regulated crypto arm of the...
August 10, 2023
Crypto company Circle Internet Financial is counting on its $1 billion cash cushion to weather fresh competition from non-crypto companies such as PayPal Holdings. Stablecoins are a main focus for Circle, and...
