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Nalezeno "Circle CEO": 58

Circle CEO blames US crypto crackdown for declining USDC market cap

26.4.2023
The market cap of USDC, a stablecoin issued by Circle, has reduced nearly by half over the past six months following a regulatory crackdown and banking crisis

Banking turmoil pushes crypto to ‘no oversight’, says Circle CEO

23.3.2023
Crypto firms who have had the strongest position with U.S. regulation are now considered “unsafe,” Circle CEO Jeremy Allaire stated

Breaking: Circle CEO Confirms Hack on Employee Account Promising USDC Airdrop – What's Going On?

22.3.2023
Circle CEO Jeremy Allaire has revealed that the Twitter account of one of the company's top executives that promised a USDC airdrop has been hacked. Dante Disparte, who joined Circle as its chief strategy officer and head of global policy in April 2021, said in a suspicious Twitter thread that...

Circle CEO 'able to access' $3.3B of USDC's reserves at Silicon Valley Bank

15.3.2023
Circle’s earlier disclosure that $3.3 billion worth of USDC reserves were held with Silicon Valley Bank resulted in it losing market share to its competitor USDT

USDC Stablecoin Nears Parity With USD After Fed’s Bailout Announcement

13.3.2023
The stablecoin USDC has nearly regained parity with the U.S. dollar after rising just above $0.99 on March 12, 2023, at 7:20 p.m. Eastern Time. The stablecoin jumped back to the $0.99 range after the U.S. Federal Reserve revealed it would bail out depositors of California’s Silicon Valley...

SEC is not the appropriate regulator for stablecoins: Circle CEO

24.2.2023
Circle boss Jeremy Allaire maintains that "payment stablecoins" are payment systems, not securities

Circle CEO: US Stablecoin Legislation Is ‘Lowest-Hanging Fruit’

19.1.2023
Jeremy Allaire says stablecoin regulation will be what lawmakers are focusing on this year because of its straightforward nature and significant growing potential

Circle CEO Calls for Clear US Laws on Stablecoins to 'Unleash' Their Potential

16.11.2022
Circle CEO and founder Jeremy Allaire wrote to prominent financial services lawmakers in the U.S., calling for workable, clear legislation on stablecoins and warning of the risks to the country of not doing so

Circle CEO says blockchain industry is transitioning from dial-up to broadband phase

28.9.2022
Allaire believes that privacy and identity are two fundamental pillars of a new Web3

Wazirx Plans to Delist 3 Stablecoins, Leftover Balances Will Be Auto-Converted to BUSD

20.9.2022
The crypto asset exchange Wazirx is following Binance’s move by delisting a number of stablecoins and automatically converting them to BUSD at a 1:1 ratio. Wazirx customers have until September 23 to withdraw their stablecoins if they don’t want the funds converted. Wazirx Plans...

Circle CEO, Paxos, and Trueusd Speak on Binance’s Stablecoin Auto-Conversion Decision

7.9.2022
On September 5, Binance explained that it planned to drop a number of usdc trading pairs and auto-convert specific stablecoin balances into busd by September 29. While the move was controversial among crypto proponents on social media, Circle Financial CEO Jeremy Allaire explained that the change...

Circle Launches Second Major Stablecoin Backed 1:1 by the Euro

16.6.2022
On Thursday, Circle’s CEO Jeremy Allaire announced that the company has launched a new stablecoin pegged to the value of the euro (EUR). Allaire said that the new EUROC token is now live on the Ethereum network and will be “available to mint and redeem on June 30th.” Circle...

People Want Digital Cash, Governments Need to Accept That, Circle CEO Says

24.5.2022
There is a reason that “cash is king,” and people around the world want a digital form of cash that is private, offers final settlement, and cannot be “turned off” by a central party, argued Jeremy Allaire, co-founder and CEO of digital payments company Circle. Allaire said that for...

Circle to Issue Weekly USDC Reserve Reports — Tether Publishes May 2022 Assurance Report

22.5.2022
The co-founder and CEO of Circle, Jeremy Allaire, has announced the cryptocurrency firm that issues the stablecoin usd coin plans to provide the public with weekly stablecoin reserve reports. Additionally, the company Tether has also released an assurance report on its stablecoin reserves via...

Circle Says USDC Reserve Backed Entirely in Cash and Short-Dated US Treasuries

16.5.2022
On May 13, Circle’s chief financial officer Jeremy Fox-Geen published a blog post called “How to Be Stable,” following the aftermath of Terra’s stablecoin implosion. Circle’s CFO explained that since usd coin’s inception, the stablecoin aims to...

Stablecoin Shuffle — Terra Fiasco Shakes up Fiat-Pegged Crypto Economy, Over $35 Billion Disappears

13.5.2022
According to statistics on Friday, May 13, the top stablecoins by market capitalization are currently worth $163.7 billion after the stablecoin economy was valued at close to $200 billion just last week. Of course, the climactic terrausd (UST) failure wiped out billions from the stablecoin economy...