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...
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...
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 Financial, the issuer of USDC, said this partnership with the minority-owned bank is part of its commitment to allocate a...
Binance’s CEO is denying reports his company is considering cutting ties with U.S. businesses. “We pulled back on some potential investments, or bids on bankrupt companies in the U.S. for now. Seek permission first” Changpeng Zhao said on Twitter Friday (Feb. 17), following reports that...
October 05, 2022
In a pair of papers today, financial messaging service SWIFT claimed that it has solved two of the thorniest problems digital assets must overcome if they are to revolutionize the way money moves: allowing the coming wave of central bank digital currencies to interact seamlessly and instantly across borders and making trading and settling tokenized […]
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 […]
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...
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...
February 24, 2023
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 Financial, the issuer of USDC,...
