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...
Digital currency firm Circle Internet Financial’s plans to go public have been delayed. The issuer of the USD Coin (USDC) and Euro Coin (EUROC) and publicly traded special purpose acquisition company (SPAC) Concord Acquisition Corp have mutually agreed to end their proposed business combination, the...
At a time when hundreds of cryptocurrencies are battling alongside bitcoin to earn the trust and mass embrace of consumers, business and banks, their digital cousins in the stablecoin market remain comparatively scarce. And that’s just fine, Jeremy Allaire, CEO of Circle Internet Financial, told...
October 30, 2020
At a time when hundreds of cryptocurrencies are battling alongside bitcoin to earn the trust and mass embrace of consumers, business and banks, their digital cousins in the stablecoin market remain comparatively scarce. And that’s just fine, Jeremy Allaire, CEO of Circle Internet Financial, told PYMNTS’ Karen Webster while outlining the huge growth trajectory he […]
October 11, 2023
Circle Internet Financial and Coins.ph, a cryptocurrency exchange and digital wallet provider, have announced a partnership to promote financial inclusion through remittances in the Philippines. The collaboration aims to raise awareness about the benefits of using USDC, a regulated and fully-backed digital dollar, for secure, low-cost and near-instant international money transfers, the companies said in a Tuesday […]
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...
December 05, 2022
Digital currency firm Circle Internet Financial’s plans to go public have been delayed. The issuer of the USD Coin (USDC) and Euro Coin (EUROC) and publicly traded special purpose acquisition...
