The company behind the USDC stablecoin hopes to offer custodial and digital asset services Circle, the company behind the USDC stablecoin, has officially submitted an application to operate as a federally regulated trust institution in the US. If approved by the Office of the Comptroller of the Currency (OCC), this move would establish the “First
Circle’s shares are now trading under the ticker symbol CRCL Circle, the FinTech firm behind the USDC stablecoin, has officially gone public, marking a major step for the company and for the broader crypto sector. Yesterday, Circle’s shares—trading under the ticker symbol CRCL—began trading on the New York Stock Exchange. Circle CEO Jeremy Allaire shared
The two companies are partnering on new stablecoin initiatives centered on USDC Circle and Binance have announced a strategic partnership aimed at expanding the global adoption and utility of stablecoins. This collaboration was unveiled during Abu Dhabi Finance Week and emphasizes the growing role of stablecoins like USD Coin (USDC) in modern financial systems. We
The move takes effect immediately but shouldn’t impact the cryptocurrency’s status Circle has announced that it will terminate support for its dollar-pegged stablecoin, USD Coin (USDC), on the Tron blockchain. The change is effective “immediately,” and the decision is consistent with “efforts to ensure that USDC remains trusted, transparent and safe.” “Effective immediately, we will
The platform will no longer be a stand-alone entity Coinbase and Circle released the same statements on their blogs on August 21, redefining the companies’ relationship. The two are responsible for launching the USD Coin stablecoin and previously managed the token via the Centre Consortium. The Centre Consortium “will no longer exist as a stand-alone
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