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 PayPal introduced a U.S. dollar-pegged stablecoin on Monday (Aug. 7). The amount of cash Circle has on its balance sheet is more than it had expected and […]
