Circle

Chainlink has partnered with Circle, the issuer of the widely-used USDC and EURC stablecoins, ensuring developers gain access to tools needed for advanced financial applications. This significant integration and Circle’s expanding to Brazil could mark as a stepping stone for Chainlink’s potential to hit the $20 mark. Chainlink, a leading decentralized oracle network, has integrated with Circle, the issuer of the widely used USDC and EURC stablecoins. This collaboration aims to minimize the bridge between traditional finance and the thriving…

Dubai, United Arab Emirates, April 18th, 2024, Chainwire COG plans to widen its global presence in the US, EU, Middle East & Africa, and Asia in 2024The company aims to onboard 100 million users by 2026COG intends to scale rapidly through strategic investments and partnerships.It seeks to establish itself as the leading premier global hub for casual gaming. Circle of Games (COG), has raised $1 million in equity funding from strategic investors Nazara Technologies FZ LLC, (a wholly-owned subsidiary of…

Fintech company Circle has announced support for Web3 services on the Layer 1 blockchain network, Solana. Circle said that the latest move highlighted the growing significance of stablecoins such as USDC in aiding a more inclusive financial landscape. The company aims to facilitate accessibility to USDC for both enterprises and developers while emphasizing the importance of providing the necessary tools to integrate the stablecoin seamlessly into various applications. With the integration of Web3 Services on Solana, Circle said that businesses…

Fantom Foundation launched USDC.e stablecoin on Wormhole to boost liquidity and accessibility in their ecosystem, offering a seamless transition to native USDC in the future. USDC.e provides various functionalities, such as storage, payment, trading, borrowing, and lending, to developers and users on the Fantom blockchain. Fantom Foundation, in collaboration with Circle and Wormhole, has announced the launch of its USDC.e stablecoin on the Wormhole platform, set to go live today, April 5. This collaboration bolsters liquidity, stability, and accessibility within…

Samson Mow – a popular Bitcoin advocate and developer – recently commented on Binance’s decision to remove USDC trading from its platform.  He called it “the beginning of the end for USDC,” predicting that it will drastically reduce the coin’s usage and market cap.  How Binance Can Steal Circle’s Reserves In a Twitter thread on Wednesday, Mow dismissed attempts from certain industry leaders to place a “positive spin” latest move.  “You can say it’s good UX for USDC users, but…

Circle and Tether – issuers of the two largest stablecoin, USDC and USDT – have confirmed that they will only support redemptions on Ethereum’s proof of stake chain, post-merge. By contrast, any possible Ethereum forks that emerge in the aftermath will be left behind by both firms.  Rejecting the Miner Revolt Per Circle’s announcement on Tuesday, the company can only viably support a single version of the Ethereum state. “Our sole plan is to fully support the upgraded Ethereum PoS…

Stablecoins are cryptocurrencies designed to minimize the volatility danger of the notoriously unstable Crypto market. Theoretically, a stablecoin can be pegged to a cryptocurrency, fiat money, or exchange-traded commodities (such as precious metals or industrial metals). Since the advent of USDT - Tether in 2015, traders have felt a greater safety from the market's constant volatility. Stablecoins today are blockchain-based and usually tied to traditional assets, currencies, or a basket of assets and currencies. USD is traditionally the most sought-after…

There has been a recent surge in products and platforms providing DeFi services. Decentralized Finance, commonly referred to as DeFi, denotes any financial service offered on a blockchain, usually Ethereum smart contracts. An example of DeFi services and solutions is Over-the-Counter (OTC) cryptocurrency, which has witnessed enormous growth marked by a substantial increase in volume and clients across the globe in the past three years. Bloomberg's recent report established that OTC turnover in 2018 amounted to more than 5.47 trillion…

On the 10th of March 2020, Circle, the USDC stablecoin provider, announced it is expanding its Business Account for USDC and introducing a new set of APIs. These APIs control how various software components can interact.  The APIs established by Circle will allow developers to automate USDC transactions in different ways. They will allow businesses to receive both credit and debit card payments in USDC. It will facilitate payments by enabling firms to acquire funds as soon as possible. More…