USDC

USDC

Video

Circle CEO Jeremy Allaire on Taking His Company Public

Jeremy Allaire of Circle, an issuer of stablecoin USDC, says he vows to make his company “the most public and transparent operator of full-reserve stablecoins in the market.” Allaire discusses taking his company public and the mission to increase transparency around USDC.

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Mercati

Market Wrap: Bitcoin Sells Off as Regulatory Concerns Resurface

“We expect volatility to remain under pressure until mid [to] late August,” said one trading firm.

Bitcoin 24-hour price chart, CoinDesk 20

Video

What Coinbase's Rate on USDC Reveals About Crypto Credit Risk

Coinbase's below-market interest rate on deposits of the stablecoin USD coin (USDC) reveals customers might prefer lower risk, lower reward. "What is the best way to store dollars? Is it still a bank account, or is it something like this?" host Adam B. Levine asked. "Do we trust Coinbase as much as we trust banks?"

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Video

USDC Stablecoin Backer Circle to Go Public in $4.5B SPAC Deal

Jeremy Allaire’s Circle, which issues stablecoin USD coin (USDC), is going public in a special purpose acquisition company (SPAC) deal that values the firm at $4.5 billion. “This deal matters because it’s a continuation of crypto companies making good, going public, and infiltrating the traditional world,” host Adam B. Levine said.

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Finanza

USDC Is Only Circle’s Second-Biggest Business, SPAC Filing Shows

“Transaction and treasury services,” with clients including Dapper Labs, Compound Labs and FTX, is the soon-to-be-public company’s top revenue source.

There are layers to Circle.

Mercati

Circle CEO Says USDC to Take High Road, But It's a Long Road

Jeremy Allaire made the promise at a time when investors have been demanding more transparency around USDC.

Circle CEO Jeremy Allaire.

Finanza

Circle Says It Lost $2M to Email Fraudsters in June

The USDC issuer said in an SEC filing that customer funds were not impacted by the incident.

Circle was the target of an "email fraud incident" in June, according to new SEC filings.

Video

USDC Backer Circle to Go Public in SPAC Deal

Amid much debate on the outlook for stablecoin regulation, Jeremy Allaire’s Circle, which issues stablecoin USD coin (USDC), is going public in a special purpose acquisition company (SPAC) deal. “Circle has a huge opportunity to provide more transparency than any other stablecoin issuer,” CoinDesk’s Nikhilesh De said.

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Mercati

Market Wrap: Ether Outperforms Bitcoin as Crypto Sentiment Improves

Ether is attempting to break above the 50-day moving average for the first time since March.

Bitcoin 24-hour price chart, CoinDesk 20

Mercati

Only 4%? Coinbase Rate on USDC Reveals Focus on Crypto Credit Risk

Greater risk, greater reward? When it comes to USDC deposits, customers might prefer lower risk, lower reward.

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