Circle

Soon after Circle announced a partnership to integrate its Cross-Chain Transfer Protocol (CCTP) into the Solana blockchain, $250 million worth of USDC has been minted.  Analyst believes that this, coupled with other factors could propel the SOL price to $900 by the end of the bullish cycle.  It can be recalled that stablecoin issuer Circle recently announced a strategic partnership with Solana (SOL) to integrate its Cross-Chain Transfer Protocol (CCTP) into the blockchain ecosystem. As explained, this was meant to…

Circle, the popular issuer of Stablecoin USDC has announced the launch of its Euro-backed stablecoin EURC on Coinbase’s Ethereum layer-2 network, Base. This marks a significant milestone for stablecoin EURC as it was only exclusive on Avalanche, Ethereum, Solana, and Stellar. Circle, the issuer of popular stablecoins USDC and EURC, has expanded its reach by launching EURC on Coinbase’s Ethereum layer-2 network, Base. This is a significant moment for Base and EURC as it is the EURC’s first time that…

The post Circle Execs Outline Impact Of MiCA On Broader Crypto Market appeared first on Coinpedia Fintech News Circle executives reveal the potential impact of MiCA on the broader crypto market. The Director of Strategy and Policy at Circle has highlighted the profound changes MiCA will bring and predicts that the EU crypto landscape is expected to localize, institutionalize, and consolidate with the MiCA entering the market. He further noted that MiCA’s introduction could lead to a more professional and…

Cryptocurrency firm Circle has achieved a significant milestone by securing registration as an electronic money institution (EMI) in France. This move grants Circle a crucial license to operate as a compliant stablecoin issuer under the European Union’s rigorous crypto laws.  Circle Breakthrough According to a CNBC report, the approved license positions Circle as the first global stablecoin issuer to achieve compliance with the European Union’s regulatory framework known as Markets in Crypto-Assets (MiCA).  This framework, considered a cornerstone in the…

Circle becomes the first global stablecoin issuer compliant with EU’s MiCA regulations for USDC and EURC. MiCA framework sets rigorous standards ensuring USDC and EURC’s legality as electronic money in Europe. Circle has made a groundbreaking announcement today, July 1st, marking a significant milestone in the financial landscape. The company has become the first global stablecoin issuer to comply with the new EU regulations, specifically the Markets in Crypto Assets (MiCA) framework. This development allows Circle to officially issue both…

Circle’s CEO is very optimistic about the future of crypto, believing it is in the early stages of widespread adoption. Regulatory developments and advancements in blockchain technology are boosting market confidence. Jeremy Allaire, co-founder and CEO of Circle, has expressed unprecedented optimism about the future of cryptocurrency. Circle, known for issuing USDC, the world’s second-largest stablecoin by market cap, is positioned at the forefront of digital asset innovation. Allaire, a long-time participant in the crypto industry, believes that the market…

Jeremy Allaire, the CEO of USDC issuer Circle, has predicted that stablecoins are on course to account for 10% of the global economy in the next ten years.  Allaire shared his views in a social media post, discussing his perspective on the cryptocurrency market and the growing integration of stablecoins in the global financial ecosystem.  The Impact Of The Internet On Crypto According to Allaire, stablecoins are on the cusp of a significant wave of adoption, given their growing acceptance…

Mike Ermolaev continues the GoCrypto interview series, powered by GoMining, this time featuring an insightful conversation with Jeremy Allaire, Co-founder, CEO, and Chairman of Circle, global financial technology firm and the issuer of the leading regulated stablecoin, USDC.  In this interview, Allaire discusses Circle's significant milestone of launching in Brazil, the transformative potential of USDC in the Brazilian market, the growing adoption of USDC for cross-border payments, and the potential collaboration between private sector stablecoins and public sector CBDCs. He…

Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization, has created a perplexing scenario for investors recently. Despite a noticeable decline in its price, on-chain data reveals that large investors, often referred to as “whales,” are accumulating ETH. This could signal a potential buying opportunity, though technical indicators suggest a weakening uptrend, leaving Ethereum’s near-term future uncertain. Related Reading: Solana Searching For Direction: Will SOL Break Free Or Fall Flat? Ethereum Whales See Opportunity In Price Dip In recent analysis…