Key takeaways: USDC stablecoin issuer Circle has launched support for Apple Pay Apple Pay integration makes it easier for crypto-native businesses to accept payment from customers that don’t use crypto USDC is the second-largest stablecoin in the industry, controlling more than a $44 billion market share Apple Pay integration makes it easier for businesses to…
Circle, the company behind USD Coin, the second largest market cap stablecoin in the industry, has announced a massive expansion is in the works in the coming months. According to the company’s official statement, USDC will go live on Arbitrum, NEAR, Optimism, and Polkadot by the end of this year. In addition, support for the interoperability-focused Cosmos chain is planned for early next year.
Circle, the issuer of the second largest market cap stablecoin USD Coin (USDC), announced on Tuesday that it is partnering with New York Community Bancorp (NYCB). As a part of the deal, the New York-headquartered financial firm will become a custodian of USDC cash reserves and collaborate with Circle to promote low-cost payments services for “unbanked communities”.
USD Coin (USDC) issuer Circle has announced it will be launching a new stablecoin product, Euro Coin (EUROC). As the name suggests, ERUOC will be pegged to the value of EUR and redeemable at a 1:1 ratio at all times. The stablecoin will be fully backed by euro cash reserves.
Circle – the operator and issuer of the world’s second largest stablecoin USD Coin – announced on Tuesday that the fintech company’s array of products and services, including Circle Account and Circle APIs, now support USDC on Polygon.
Circle, a global payments technology company and the issuer of USD Coin (USDC), has announced it is raising $400 million in new capital in a funding round that is slated to conclude sometime in the second quarter of this year.
Circle, a crypto-focused financial services company behind the USD Coin stablecoin, has announced it chose BNY Mellon as a custodian of its USDC reserve holdings.
Circle, the issuer and operator of USD Coin (USDC), the second-largest stablecoin in terms of market cap, has revamped its business-oriented service called Circle Account. The updated service will provide enterprise clients with an opportunity to store and settle transactions in USDC.
According to Thursday’s press release, Circle has terminated its existing business agreements with Concord, and has entered a new merger deal that is expected to be finalized by December of this year.