Tagged: circle

The Government of Bermuda to Enable Onchain National Economy with Assistance from Circle, Coinbase

In a key move announced at the World Economic Forum in Davos, Switzerland, the Government of Bermuda has revealed its plan to transform the island nation into the world’s inaugural fully on-chain national economy. This initiative, supported by cryptocurrency exchange Coinbase (NASDAQ:COIN) and stablecoin issuer… Read More

Circle Examines How Crypto and Web3 Ecosystems are Preparing Blockchains for the Quantum Era

Digital assets firm Circle noted that the rise of quantum computing poses a significant challenge to blockchain technology. According to a recent blog post from stablecoin issuer Circle, experts predict that quantum computers could become powerful enough to compromise blockchain security as early as 2030…. Read More

Circle Explains How B2B Transactions Can Be Streamlined to Boost Operational Efficiency

Circle (NYSE: CRCL) noted that every day trillions of dollars move between businesses. These business-to-business (B2B) transactions underpin everything from “keeping factories running to facilitating digital services, with an estimated ~$88 trillion in B2B transactions in 2024 alone.” Despite despite their size and importance, the… Read More

Stacks Now Connected to Circle xReserve, Providing USDC backed Stablecoins

Circle Internet Group, Inc. (NYSE: CRCL) is announcing that Stacks is now connected to Circle xReserve. Via this latest integration, USDCx on Stacks is now available, offering a USDC-backed stablecoin to web3 developers and crypto users and enabling access to crosschain USDC liquidity. ‍As noted… Read More

Intuit Teams Up with Circle to Leverage Stablecoins

Intuit (NASDAQ: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced it has signed a partnership with Circle Internet Group, Inc. (NYSE: CRCL), one of the world’s internet financial platform companies, to accelerate next-generation financial services powered by… Read More

Circle, LianLian Global Partner to Explore Cross-Border Payments

An affiliate of Circle Internet Group, Inc. (NYSE:CRCL), a global financial technology firm and the issuer of USDC through its regulated entities, signed a Memorandum of Understanding with LianLian Global, a licensed cross-border payments provider. The collab will explore opportunities in stablecoin-enabled payment infrastructure to… Read More

Visa Introduces Stablecoin Settlement in the US

Visa Inc. (NYSE: V) announced the launch of USDC settlement in the United States, marking a key milestone in the company’s stablecoin settlement pilot program and strategy to “modernize its settlement layer underpinning commerce.” Now, U.S. issuer and acquirer partners can settle with Visa in… Read More

Digital Assets Firm Circle Focuses on UAE Expansion with ADGM License

Circle Internet Group, Inc. (NYSE: CRCL), one of the world’s internet financial platform companies, announced a regulatory milestone in the United Arab Emirates as it strengthens its presence in the region. Circle has secured a Financial Services Permission (FSP) license from the Financial Services Regulatory… Read More

Bybit Partners with Circle to Enable Stablecoin USDC Adoption

Bybit, which claims to be one of the world’s largest cryptocurrency exchanges by trading volume, announced a partnership with an affiliate of Circle Internet Group, Inc. (NYSE:CRCL), a financial tech firm and the issuer of USDC through its regulated entities. The latest partnership aims to… Read More

Commodity Futures Trading Commission to Pursue Digital Assets Pilot Program

The Commodity Futures Trading Commission (CFTC) will commence a digital assets pilot program for certain digital assets, including  Bitcoin, ETH, and USDC. The CFTC said these assets will be used as collateral in derivatives markets. The Commission will also pursue guidance on tokenized collateral and seek the… Read More

dLocal Joins Circle Payments Network to Enable Stablecoin Payouts

dLocal (NASDAQ: DLO) a cross-border payment platform connecting global merchants to emerging markets, has integrated with Circle Payments Network (CPN), operated by Circle Technology Services, LLC, an affiliate of Circle Internet Group, Inc. (NYSE: CRCL), to enable seamless payouts across emerging markets. Supported by Circle’s… Read More

Digital Assets Firm Circle Announces Latest Cohort of Stablecoin USDC Grant Recipients

Circle (CRCL:NYSE) says that its Developer Grants aim to offer more than just financial support. The USDC stablecoin issuer explained that they’re actually serving as a launchpad for so-called “bold” thinkers shaping the next era of onchain finance. With USDC and Circle’s suite of APIs… Read More

ClearBank to Join Circle’s Payments Network to Enable Frictionless Finance

ClearBank, the technology-powered clearing bank, announced that it has signed a framework agreement with a subsidiary of Circle Internet Group, Inc. (NYSE: CRCL), a financial technology firm and stablecoin market participant, to collaborate on a various initiatives in the European market. At first, this collab… Read More

Circle Introduces Arc, an Open L1 Blockchain

Circle Internet Group, Inc. (CRCL:NYSE) has recently announced the launch of the public testnet for Arc, which is described as an open L1 blockchain network intended to meet the needs of developers and companies bringing more economic activity to an onchain ecosystem. The launch arrives… Read More

Circle Alliance Member Beeezo Enables Digital Economy with Stablecoin USDC Payments

Stablecoin issuer Circle noted that in the fast-evolving digital economy, human attention drives trillion-dollar outcomes but the consumers contributing that value seldom share in it. Centralized platforms tend to capture the profits while fraud, bots, and misaligned incentives are distorting the system. For billions, particularly… Read More

Multisig Smart Account Platform Safe and Circle Aim to Establish USDC as Stablecoin Standard

Safe, the multisig based smart account platform securing $60 billion in digital assets, and Circle Internet Group, Inc. (NYSE: CRCL), a financial tech company and stablecoin market participant, announced a new strategic partnership to establish Safe as an institutional storage solution for USDC in self-custody… Read More

Circle to Enable Machine to Machine Micropayments, Incubating Projects Focused on AI and Crypto

Circle revealed that it is currently incubating prototypes and products at the intersection of crypto and AI. It is said to be working on a machine-to-machine micropayments solution. Artificial intelligence is entering a new phase — one that appears to be increasingly defined by agency…. Read More

S&P’s Misleading Growth, Circle Troubles, and Polish Crypto Law: Web3 Thoughts of the Week

Polish crypto law panned. “While the EU’s MiCA provides a clear and balanced rulebook for crypto, Poland’s interpretation of it is a major step backwards, and a prime example of overregulation.  “While regulation is necessary for consumer protection, it can be counterproductive. “Poland has taken… Read More

Stablecoins Market Cap Tops $300 Billion as Bitcoin, Ethereum, Solana Drive Crypto Rally

Global stablecoins market cap has surpassed the $300 billion mark for the first time, meanwhile, Bitcoin, Ethereum, Solana, and other digital assets continue to surge despite the recent US government shutdown. According to available data, stablecoins now have a combined market cap that exceeds $300… Read More

Deutsche Börse Group and Circle to Support Stablecoin Adoption in Europe

Deutsche Börse Group and Circle Internet Group, Inc. (NYSE: CRCL)  signed a Memorandum of Understanding (MoU) to collaborate on the use of Circle’s EURC and USDC stablecoins “within Deutsche Börse’s financial market infrastructure.” This agreement in Europe aims to deliver new solutions for market participants… Read More

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