Tagged: circle

Circle Unveils Comprehensive NFT Platform & Marketplace Payments Solution

Global fintech Circle announced on Monday the launch of its new comprehensive payments solution for non-fungible token (NFT) marketplaces and storefronts. According to Circle, the solution enables marketplaces and storefronts to accept credit cards and crypto payments. “Circle’s NFT solution simplifies buying and selling by… Read More

Visa Integrates USDC Stablecoin Connecting Traditional Transfers with Digital Currency in a Historic Move

 Visa (NYSE:V)  is “bridging digital and fiat” currency by integrating the USDC stablecoin. Visa said that by enabling USDC it is creating the ability to one day support Central Bank Digital Currencies (CBDCs). In a blog post, Visa explained that after months of planning the… Read More

Blockchain or DLT based Stellar Network Is Reportedly Settling Transfers for $0.0001 / TX

Ada Vaughan, who focuses on Ecosystem and Marketing Strategy at the Stellar Development Foundation (SDF), notes that in an “increasingly cashless” and global economy, the separations between the different financial systems may lead to friction when you’re operating an international business. If you carry out… Read More

Over Half a Trillion Dollars has Been Transacted with USDC Stablecoin from Global Fintech Circle

Global Fintech firm Circle has revealed that the market capitalization for its stablecoin USDC has now exceeded $10 billion. More than 2 years after introducing the compliant and regulated “digital dollar” stablecoin, growth “continues to accelerate as shifting macroeconomic trends and exploding innovation in digital… Read More

Blockchain based Non-Fungible Tokens or NFT Marketplaces Must be More Accessible and User-Friendly to Achieve Mainstream Adoption

Ali Ahsan writes in a blog post published by global Fintech firm Circle that the Internet started off in 1969 as a government initiative known as ARPANET. As explained by Ahsan, ARPANET was established to allow researchers to share important information with each other. He… Read More

Digital Collectibles: Rachel Mayer from Circle Pay Explains how Company’s Payments and Treasury Infrastructure Supports NFT Marketplaces

Rachel Mayer, VP at CirclePay, notes that as non-fungible tokens (NFTs) rise in popularity, the operators or managers of NFT marketplaces and storefronts will be needing to remove entry barriers for their users. Mayer points out that more consumers in and outside of the crypto… Read More

Global Fintech Circle CEO Jeremy Allaire Confirms there are Now Over $8 Billion in Stablecoin USDC in Circulation

Jeremy Allaire, Co-founder and CEO of Circle, a global Fintech company focused on supporting open Internet platforms, Bitcoin, and other crypto-assets, has confirmed that there’s $8 billion worth of USDC in circulation. 8 Billion USDC in circulation. Dec 1st – 3B, Jan 1st – 4B,… Read More

Fintech Circle Reveals its APIs Now Support ACH Payments and Payouts, Enabling Easy Bank Transfers with USDC Stablecoin

Global Fintech firm Circle has revealed that its APIs now support ACH payments and payouts. Circle explains that ACH support allows clients to provide “seamless” bank transfers to and from USDC, which is a major stablecoin (or digital asset pegged to the US dollar). Circle… Read More

Crypto OTC Markets See Up to 3x as Much Volume as Regular Exchanges, “Anecdotal Evidence” Suggests, Fintech Circle Claims

Global Fintech firm Circle notes that in the cryptocurrency over-the-counter (OTC) market, professional market participants are able to carry out large trades in a private manner and with “minimal price slippage,” which is why institutional clients are now “flocking” towards crypto OTC trading desks. Although… Read More

Coinbase Developer Explains How USDC Stablecoin, a Multi Billion Dollar Ethereum ERC-20 Token, Was Upgraded

Pete Kim, who has helped build the USDC stablecoin version 2.0 and the Coinbase Wallet, has published an update on upgrading one of the world’s largest digital assets, USDC, which is an (Ethereum) ERC-20 compliant token. Kim explains that USD Coin (USDC) is a stablecoin… Read More

Jeremy Allaire, CEO of Circle, Says Institutional Money, Inflationary Policies Driving Bitcoin Higher

Circle CEO Jeremy Allaire discussed the recent rise of Bitcoin as well as the growing interest in digital assets on CNBC this morning. Allaire said that institutional money and the debasement of fiat currency, as well as sovereign debt, are pushing the world’s most popular… Read More

Visa Expected to Integrate Circle’s USDC Stablecoin

Later today, Circle is hosting a live podcast that involves Circle CEO Jeremy Allaire and Visa Head of Crypto, Cuy Sheffield. The discussion will cover the new partnership between Circle and Visa (NYSE:V) that will involve the incorporation of the dollar backed stablecoin USDC. Circle… Read More

Global Fintech Circle Partners Bolivarian Republic of Venezuela and Airtm to Provide Aid to Nation’s Residents with USDC Stablecoin

Global Fintech firm Circle has teamed up with the Bolivarian Republic of Venezuela and Airtm in order to provide aid to Venezuelan residents using the USDC stablecoin. According to a release, the initiative has been introduced with government support and notably marks “a global first”… Read More

Circle Joins Forces With Ripio To Accelerate USDC Stablecoin Adoption Throughout Latin America

Global fintech Circle announced on Thursday it has joined forces with Latin American crypto company Ripio to support the acceleration of USDC stablecoin adoption across Latin America. “To service increasing demand for USDC across the region, Ripio is working with Circle in order to implement… Read More

OCC Issues Interpretive Letter on Banks and Stablecoins, SEC Comments on its Position Regarding Digital Assets

The Office of the Comptroller of the Currency (OCC), part of the US Department of Treasury, has issued an interpretive letter pertaining to banks and federal savings entities pertaining to “certain stablecoins.” Stablecoins are digital currencies that are based on a fiat currency or specific… Read More

USDC Now on Algorand Bringing “Major Scalability and Performance Improvements”

The Centre Consortium has announced that USD Coin or USDC is now using Algorand – the second major blockchain after Ethereum to offer native support for the stablecoin. The Centre Consortium was founded by Circle and Coinbase – the creators of USDC which was announced… Read More

Crowdfunding Boom: SeedInvest Experiences an Increase in Investment Activity During COVID-19

SeedInvest is a leading investment crowdfunding platform in the US that lists securities under the full stack of securities exemptions including Reg CF, Reg D, and Reg A+. More than $200 million has been invested via the crowdfunding platform. SeedInvest has long touted its selectivity… Read More

BCB Group Forms Partnership With Circle For USDC Stablecoin Payments, Clearing, & Custody Demand

Global digital asset financial service company BCB Group announced on Thursday it has formed a partnership with U.S. fintech Circle. BCB reported that it will be implementing the full range of Circle platform functionality to improve the speed, efficiency, and cost of client payments as… Read More

Digital Currency Group, Parent of Genesis, Commits $25 Million to Circle

Circle, a digital asset ecosystem that is focusing on stablecoins, has received a $25 million investment from the Digital Currency Group – parent of Genesis. Once more of a crypto-exchange, Circle has pivoted a bit to service other sectors of digital assets. In Q2 of… Read More

Circle Teams Up With Genesis to Advance Adoption of Stablecoins in Mainstream Finance

Global fintech Circle announced on Thursday it has joined forces with digital asset prime brokerage firm Genesis to accelerate the adoption and acceptance of digital dollar stablecoins in mainstream finance. According to Circle and Genesis, the partnership includes a $25 million investment of capital into Circle… Read More

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