MakerDAO Co-Founder Proposes Dumping $3.5 Billion USDC Reserves for ETH
While bullish for Ethereum, Vitalik Buterin called the potential conversion a “terrible idea.”
Circle News and Updates
Recent Circle News
Circle CEO Talks Tornado Cash Sanctions and the Fight for Privacy
The executive has promised to comply with the sanctions, but believes the department’s approach surrounding Tornado Cash “appears flawed.”
Soccer Transfer in Crypto: São Paulo Paid $8 Million in USDC for Banfield Player
The first cryptocurrency transfer in Argentina's soccer history upset the country's central bank, which banned Banfield from operating the MULC
USDC Issuer Circle Discloses Its Reserves, Proving Their Liquidity And Availability
Circle released a report proving that its stablecoin USDC is fully backed by physical dollars and 3-month U.S. Treasuries
How Tether’s Shrinking Market Share Could be Good for Crypto: Opinion
Tether was the king of the stablecoins dominating almost 90% of the market. Its market share has now dropped to
Circle CEO Refutes Rumor of USDC Collapse Due to Exposure to Troubled Firms
The Circle CEO refuted the latest rumor of USDC being on the verge of a financial breakdown, saying the company
Circle Taps New York Community Bank as its Latest Custodian for USDC Reserves
The newly announced partnership marks the first time a community bank acting as custody for a stablecoin's reserves.
Market Selloffs Lead to Rising Inflows of USDC: Circle CEO
Circle CEO said the risk-off attitude has motivated investors to park their money on high-quality projects like USDC.
Stablecoin Dominance Hits All-Time High as Crypto Winter Deepens
Another sign of increasing bearish sentiment in crypto markets is an increase in stablecoin dominance, which has now hit record
Circle Introduces Euro Coin (EUROC), a Stablecoin Pegged to the Euro
Circle has announced a new Euro-pegged stablecoin dubbed Euro Coin (EUROC) to enable near-instant transactions.
