Circle - Claimpayback

crypto news The American Supreme Court Building blurry trading chart background bright neon color cyberpunk

Circle CEO urges Congress to lead stablecoin regulation

0xMain
June 13, 2023

CEO, Circle, Congress, Hacking, lead, regulation, stablecoin, urges

Circle CEO Jeremy Allaire is set to testify before the US House Financial Services Committee today, urging lawmakers to prioritize the primacy of the US dollar and pass essential stablecoin legislation. In a June 12 blog post, Allaire unveiled his prepared remarks that...

crypto news neural networks New York background general view bright tones sixties retro futuristic illustration

Circle confident in USDC’s future amid US banking crisis

0xMain
June 8, 2023

banking, Circle, confident, crisis, future, Hacking, USDCs

USDC issuer Circle remains bullish about its future prospects despite recent liquidity challenges triggered by the collapse of Silicon Valley Bank. Despite facing significant redemptions amidst the US regional banking crisis in March 2023, driven by fear and uncertainty surrounding Circle’s reserves held...

crypto news general view Marina Bay Sands Singapore night light low poly style

Circle receives digital token license in Singapore

0xMain
June 8, 2023

Circle, Digital, Hacking, license, receives, Singapore, token

Circle, the issuer of the USDC stablecoin, is expanding its presence in the Asian market with a new license to operate in Singapore. The Monetary Authority of Singapore (MAS), the country’s central bank, has granted the company’s Singapore division, affiliated with Circle Internet...

crypto news The American White House blurry city background bright tones low pol

Circle rebalances treasury holdings amid US debt default concerns

0xMain
May 12, 2023

Circle, concerns, debt, default, Hacking, holdings, rebalances, treasury

Concerns about a possible U.S. government default have prompted Circle, a prominent stablecoin producer, to adjust its treasury holdings. The business has chosen to keep a reserve portfolio heavily weighted toward short-term U.S. treasuries. The move to short-dated debt occurs as debate rages on among...

Metacade announces partnership with Metastudio1

Fed may block Circle from accessing liquidity

0xMain
April 26, 2023

accessing, block, Circle, FED, Hacking, liquidity

Circle, the issuer of USD Coin, may be deemed “ineligible” for access to the Federal Reserve’s money market due to new rules introduced by the New York Fed. The new guidelines are aimed at determining which parties are eligible to participate in the...

crypto news USA san francisco background general view bright tones low poly style

US politicians Warren and Ocasio-Cortez probe Circle, BlockFi on SVB relationship

0xMain
April 12, 2023

BlockFi, Circle, Hacking, OcasioCortez, politicians, probe, relationship, SVB, Warren

Senator Elizabeth Warren and Representative Alexandria Ocasio-Cortez are questioning some of the largest depositors of the now-fallen Silicon Valley Bank (SVB), including USDT issuer Circle and bankrupt BlockFi. The lawmakers are seeking information about the companies’ relationship with SVB. The lawmakers sent letters...

Hacker hijacks Circle CSO’s Twitter account

0xMain
March 22, 2023

account, Circle, CSOs, hacker, Hacking, hijacks, Twitter

According to an official statement published on March 22 by Circle, the company that is responsible for issuing the stablecoin known as USD Coin (USDC), the Twitter account of Dante Disparte, who serves as both the chief strategy officer (CSO) and director of...

crypto news Europe general view city background bright light low poly style

Circle applies for French license as it doubles down on Europe

0xMain
March 22, 2023

applies, Circle, doubles, Europe, French, Hacking, license

Circle, a worldwide leader in digital financial technology and the creator of the digital currencies USDC and EUROC, has announced that it has applied for a French license. If approved, Circle will be recognized as an electronic money institution and a digital asset...

crypto news datacenter room fog around side view aurora and stardust on background holography red neon color cyberpunk 1

Coinbase offered Circle $3b credit line to repeg USDC

0xMain
March 21, 2023

Circle, Coinbase, Credit, Hacking, line, offered, repeg, USDC

Crypto exchange Coinbase reportedly offered a $3 billion credit line to Circle, the crypto company that issues the USD Coin (USDC) stablecoin, in an effort to bring the stablecoin back to its $1 peg. The latest development comes after USDC lost its peg...