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KPMG to audit new pound-backed stablecoin GBPT
11.7.2022
In terms of daily turnover, the British pound (GBP) is the fourth most traded fiat currency in the world, according to the Bank for International Settlements
Crypto Exchange Bitso Launches Remittance Service in Colombia
11.7.2022
Bitso, a Mexican-based, Latam operating cryptocurrency exchange, announced it is launching a remittance service in Colombia. The company will now allow its customers in Colombia to send and receive remittances using dollar-pegged stablecoins on the platform. The exchange launched a similar service...
EU-regulated firm Banking Circle adopts USDC stablecoin
8.7.2022
Banking Circle was launched in 2016 with a mission to help payments businesses reach new global markets, avoiding the burdens of traditional banking
Circle looks to reaffirm commitment to transparency as USDC market share soars
6.7.2022
"With USDC, our business model is minimizing risk, not taking and managing risk,” wrote Jeremy Fox, Circle's CTO
Circle's USDC on track to topple Tether USDT as the top stablecoin in 2022
5.7.2022
The USDT-to-USDC market cap ratio fell to its lowest ever in July 2022
Circle Denies USDC Trouble Rumors, Tether Supply Still Elevated on Curve
4.7.2022
Circle, the US-based payments company that issues the stablecoin USD coin (USDC), has denied that it is facing any sort of difficulty in maintaining the coin’s US dollar peg. Meanwhile, the supply of tether (USDT) coins on one of the most used stablecoin liquidity pools remains elevated....
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EA Revealed ‘Pre-Pre-Pre Alpha’ Skate Footage On Purpose This Time
30.6.2022
EA has finally peeled back the griptape on developer Full Circle’s next Skate game…sorta. It’s not like there’s an official release date or any definitive news other than the fact that the team is “still working” on it. However, today EA Full Circle did drop some “pre-pre-pre-alpha” gameplay...
Crypto Platforms Kick Off New Wave of Recruitment
30.6.2022
Several major crypto companies have commenced a new wave of recruitment amid sour market conditions.
Major crypto exchange Kraken is leading the crypto recruitment charge with 650 new positions added over the past week in the US and the UK. The positions are all full-time and remote, according...
Circle Partners With New York Community Bancorp — Bank to Custody USDC Reserves
29.6.2022
Circle Internet Financial has revealed a usd coin custody partnership with the American bank holding company New York Community Bancorp (NYCB). Under the agreement, NYCB’s subsidiary, New York Community Bank, will become a custodian for the company’s stablecoin reserves. Circle...
New York Community Bank to Hold Assets Backing Circle's USDC
28.6.2022
The partnership marks the first time for a community bank to custody reserves for a stablecoin
Tether CTO refutes stablecoin FUD as short-sellers circle
28.6.2022
Paolo Ardoino alleged some hedge funds are trying to create pressure “in the billions” to “harm Tether liquidity” so that they can eventually buy back tokens at a much lower price
The Number of Tethers in Circulation Dropped by Over 12 Billion in 2 Months, USDC Grew by 9%
17.6.2022
During the last two months, the stablecoin tether has been one of the most traded crypto assets swapped against a myriad of digital currencies. 66 days ago on April 11, 2022, tether’s market valuation was over $82 billion with 82,694,361,442 tethers in circulation. Since then, more than...
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...
Three Arrows Keep Hurting Crypto Market, Circle's Euro Coin in US, Samsung's Wallet + More News
16.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Three Arrows Keep Hurting Crypto Market, Circle's Euro Coin in US, Samsung's Wallet + More News
Circle launches euro-backed stablecoin EUROC
16.6.2022
Demand for stablecoins continues to rise as businesses look to on-chain liquidity to improve their operations
USDC Issuer Circle to Introduce Euro-Backed Stablecoin in U.S.
16.6.2022
The Euro Coin will be backed by euro-denominated reserves held by U.S. regulated financial institutions
Legal battle avoided after YGG and Merit Circle DAO agree to a deal
15.6.2022
The passing of an investment proposal brought into question a legal agreement between the organizations and the Merit Circle DAO agreed to a counterproposal that would ensure a settlement
Gaming DAO Merit Circle, YGG ‘Terminate Relationship’
14.6.2022
Merit Circle members initially proposed to cancel YGG’s investment in Merit Circle because of a lack of perceived value added. Now the two are parting ways
Circle to acquire Web3 platform Cybavo, bolstering its stablecoin adoption
10.6.2022
Circle and CYBAVO intend to further promote the adoption of USD Coin and Web3 applications while integrating technology deeply into their core product suite
MoneyGram’s USDC transfer service launches in several countries
10.6.2022
The payment service, which is powered by the Stellar blockchain, will enable USDC settlement with MoneyGram in “near-real-time.”