Circle

As Boston continues establishing itself as a fintech hub, several companies are leading the charge with innovative solutions and impressive growth. In the lead-up to the Benzinga Fintech Deal Day & Awards 2024, let’s take a closer look at some of the rising fintech stars in Boston....

Jeremy Allaire, CEO of stablecoin issuer Circle, voiced increased optimism about the current state of cryptocurrencies and expected significant advancements over the next decade. What Happened: In a long post on X Wednesday, Allaire enthusiastically remarked, "I'm more bullish than I have ever been...

Stablecoin issuer Circle announced the expansion of its Web3 service to Solana (CRYPTO: SOL), providing developers on the blockchain with enhanced features needed to launch decentralized apps. What Happened: According to a blog post on Wednesday, the company behind the second-largest stablecoin,...

Investors in BlackRock’s history-making tokenized fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), now have a way to quickly and easily convert their holdings into (CRYPTO: USDC) stablecoin, thanks to a new collaboration between BlackRock (NYSE:BLK) and Circle Inc. What...

Singapore-based fintech startup Alchemy Pay joined hands with Worldpay to enable users to purchase cryptocurrencies through credit and debit cards. What Happened: Alchemy Pay is partnering with U.K.-based Worldpay to grant access to the former’s Visa and Mastercard payment rails. “...

Circle’s euro-backed stablecoin, EURC will now be available on Solana for real-time, global payments and all-time available instant foreign exchange trading. What Happened: The Solana (CRYPTO: SOL) blockchain has now added Circle’s (CRYPTO: USDC) euro-backed stablecoin EURC amid the...

USDC (CRYPTO: USDC) issuer Circle is under CFA’s scanner again after the latter reaffirmed accusations of illicit financing and raised questions on its linking to Justin Sun. What Happened: Non-profit ethics watchdog, The Campaign for Accountability (CFA) renewed its accusations on...

Digital currency company and USDC stablecoin issuer, Circle has strongly denied accusations made by a Washington watchdog group. The non-profit group Campaign for Accountability has accused the firm of playing a role in the ability of Hamas and Hezbollah to access funding, Decrypt...

USDC (CRYPTO: USDC) stablecoin issuer Circle signed an agreement with Japanese securities and banking major, SBI Holdings. This will expand stablecoin usage in Japan and widen the use of Circle’s Web3 services. What Happened: The deal will see that the two companies remain compliant with...

Circle, the issuer of the stablecoin USDC (CRYPTO: USDC), has introduced the Circle Alliance Program. This initiative aims to unite businesses, institutions, and protocols across various sectors such as fintech, traditional finance, consumer applications, payments, banking, and Web3. As detailed in...

Circle confirmed that a new v2.2 upgrade to USDC and EURC will add new features and sharpen the existing ones. What Happened: The new features of the announced upgrade include decreased gas costs, better support for account abstraction, and increased security for transactions on EVM blockchains, as...

Circle’s loss may prove to be Tether’s gain as the former ceased support for stablecoin USDC. Separately, Tether accounted for its highest cash reserves. Industry titans BlackRock, DTCC, OCC, State Street, Société Générale, ...

USDC Coin (CRYPTO: USDC) issuer, Circle, announced its partnership with Taiwanese crypto exchange BitoGroup and Taiwan FamilyMart to deepen its presence in the market. The three companies are looking to launch a points-to-crypto service enabling users to convert their FamilyMart loyalty points...

While Circle faces significantly big competition from rival stablecoins issued by Tether (CRYPTO: USDT) and PayPal (CRYPTO: PYUSD), its recent developments like minting native (CRYPTO: USDC) coin, partnerships and integrations across, have taken the USDC issuer on a roll....

After contending with the SEC that stablecoins shouldn't fall under the same regulations as traditional securities, Circle has chosen to take the initiative. USDC can now be accessed directly on Polygon PoS without the need for bridges. What Happened: Stablecoin issuer, Circle announced...