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Report: Traders Making $70 Million Gamble on USDC’s Future
Report: Traders Making $70 Million Gamble on USDC’s Future
March 13, 2023  |  Cryptocurrency

The stablecoin USDC may have regained its dollar peg, but traders may not be in the clear. USDC traders could risk multi-million dollar liquidations if...

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USDC Stablecoin Value Recovers After Dipping as Low as 86 Cents
USDC Stablecoin Value Recovers After Dipping as Low as 86 Cents
March 13, 2023  |  Cryptocurrency

The USDC stablecoin has regained its dollar peg after regulators said Silicon Valley Bank depositors would be made whole. USDC had dipped to as low...

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Circle Promises to Cover $3.3 Billion Held at Silicon Valley Bank
Circle Promises to Cover $3.3 Billion Held at Silicon Valley Bank
March 12, 2023  |  Cryptocurrency

Circle says it is confident it will recover $3.3 billion in reserves held at Silicon Valley Bank. The announcement Saturday (March 11) led Circle’s USDC...

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Four Crypto-Related Firms Cut Ties With Silvergate Capital
Four Crypto-Related Firms Cut Ties With Silvergate Capital
March 02, 2023  |  Cryptocurrency

Four crypto-related firms said Thursday (March 2) that they are cutting ties with Silvergate Capital. The announcements made by Coinbase, Circle, Gemini and Paxos come a...

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Circle and Citizens Trust Bank Partner on Digital Financial Inclusion
Circle and Citizens Trust Bank Partner on Digital Financial Inclusion
February 24, 2023  |  Cryptocurrency

Citizens Trust Bank will hold $65 million in USD Coin (USDC) cash reserves as part of a partnership to foster digital financial inclusion. Circle Internet...

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Payments Leaders Say Crypto is Ripe for Integration, Rebuilding
Payments Leaders Say Crypto is Ripe for Integration, Rebuilding
January 27, 2023  |  Cryptocurrency

It’s times like these, bear markets, when industries transform themselves around new realities. This is as top payment industry leaders surveyed by PYMNTS say that they see the...

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Circle Blames SEC for Collapse of $9B SPAC
Circle Blames SEC for Collapse of $9B SPAC
January 25, 2023  |  Cryptocurrency

Stablecoin company Circle says the SEC is to blame for its failure to go public. The company told the Financial Times (FT) in an interview...

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Latin America’s Bitso Offers Circle-Issued Euro Coin Stablecoin as Payments Option
Latin America’s Bitso Offers Circle-Issued Euro Coin Stablecoin as Payments Option
January 12, 2023  |  Cryptocurrency

Bitso is now offering the Circle-issued, euro-denominated Euro Coin (EUROC) to its customers and clients as a payments option. The Latin American crypto-powered financial services company has...

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FinTech SPAC Stock Listings Face Tough Reckoning as 2023 Looms
FinTech SPAC Stock Listings Face Tough Reckoning as 2023 Looms
December 19, 2022  |  SPAC

For FinTechs looking to go public, 2023 will not be the year of the SPAC stock listing. If they opt to go public at all,...

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