Tag: circle

"StableSeptember" by Circle has numerous launches in store, and the upcoming releases on Optimism and Coinbase's Base are just the beginning.

Circle, the company behind USD Coin (USDC), is making waves in the crypto world with a remarkable decision. They have announced their intention to expand support for their stablecoin to an additional six blockchains within the next two months.

Circle, the developer of the USDC stablecoin, will be replacing its current token version with a new one that will run natively on the Arbitrum network.

Circle has introduced its Euro Coin (EUROC) stablecoin on the Avalanche Network, and it has already gained support from several dApp ecosystems.

During an interview, Jeremy Allaire, the CEO of Circle, which is responsible for issuing USDC stablecoins, disclosed that the company had modified its USDC-backed reserve portfolio to include short-term US Treasuries.

The cryptocurrency market is in green after the US government’s decision to rescue Silicon Valley Bank.

CEO Jeremy Allaire of Circle – the company behind stablecoin USDC – gave the latest announcement about USDC’s volatility and solution for the recent crisis.

The value of USDC fell off the $1 mark after the parent company Circle admitted to relating to Silicon Valley Bank.

Despite the unpredictable market, there were still some rare huge funding rounds in 2022.