Circle, a stablecoin issuer, has introduced the USDC stablecoin into the Polkadot ecosystem of parachains. This move signifies a significant extension of the accessibility of this dollar-backed stablecoin across different blockchain networks. As detailed on Circle’s official website, developers and users can now readily access Polkadot USDC. That means the stablecoin can be seamlessly transmitted to parachains within Polkadot by leveraging the XCM protocol through Circle...
Read More »Circle Partners with Grab to Pilot Web3 Experience
Circle co-founder and CEO Jeremy Allaire expressed delight at seeing major Web2 companies integrating blockchain technology. USDC issuer Circle has announced its partnership with Southeast Asian technology startup Grab to pilot Web3 customer experiences in Singapore. Established in 2012 as MyTeksi, Grab app is a multinational technology company that operates from out of Singapore and serves the entire South Eastern region. The company has a super-app that allows ride-hailing, door-to-door...
Read More »OKX Partners with Circle to Bring USDC Features to Wallet and DEX Aggregator
The partnership also includes an integration of Circle’s Cross-Chain Transfer Protocol (CCTP) with the OKX DEX aggregator to enable USDC cross-chain swaps across Ethereum, Avalanche, Arbitrum and the OP Mainnet ecosystems Global crypto exchange OKX and stablecoin issuer Circle have partnered to bring USDC features to the OKX Wallet and OKX DEX aggregator. This is according to a September joint announcement by the companies. Strap in for a next-gen USDC experience with #OKXWallet and...
Read More »USDC Launches on Base And Optimism
On the 29th of August, Jeremy Allaire – the CEO of Circle, the company that mints and holds governance over USDC – announced that the popular stablecoin would be coming to Base and Optimism within a week. The launch was part of Circle’s plan to improve the utility of USDC by bringing the stablecoin to more blockchains in a native token, eliminating the need for bridged Ethereum tokens. The decision came shortly after the announcement of a new super chain agreement with...
Read More »Circle Launches USDC in Chile, Set to Launch Stablecoin on Base Network Soon
CoinspeakerCircle Launches USDC in Chile, Set to Launch Stablecoin on Base Network Soon By integrating the USDC for users in Chile, Circle will be hoping to offer them the stability of the U.S. dollar while also creating diverse payment options for them. Circle Launches USDC in Chile, Set to Launch Stablecoin on Base Network Soon
Read More »USDC to Launch on These 6 Blockchains Within 2 Months: Report
In a significant move within the crypto realm, Circle, the company behind USD Coin (USDC), said it will extend support for its stablecoin to six more blockchains in the next two months. Based on a joint release by Coinbase and Circle, USDC, already available on nine blockchains, including Ethereum, Arbitrum, Avalanche, Stellar, Tron, Flow, Algorand, Hedera and Solana, will be rolled out on additional chains. While the release does not mention names, earlier reports from...
Read More »Circle Exec Calls for Tighter Regulations Against Crypto Firms Counterfeiting U.S. Dollars
Dante Disparte, the chief strategy officer and head of global policy of the second-largest stablecoin issuer Circle, has blasted crypto firms that create counterfeits of the U.S. dollar. According to a Bloomberg report, Disparte called for relevant federal legislation around stablecoins to protect consumers and prevent investors from companies with fake USD. Circle CSO Criticizes Firms That Counterfeit USD Disparte said the several bank failures in the U.S. earlier this year...
Read More »Circle CEO Jeremy Allaire Cites Major Threat to USD in Global Economy
CoinspeakerCircle CEO Jeremy Allaire Cites Major Threat to USD in Global Economy The Circle CEO said that it's time for the US to build on-chain dollars and embrace the multichain future, otherwise, the reserve currency could lose market share to China and Europe. Circle CEO Jeremy Allaire Cites Major Threat to USD in Global Economy
Read More »Circle’s Jeremy Allaire Estimates Majority of USDC Adoption Originates Beyond US Borders
Stablecoin issuer Circle is a US-based company, and 70% of its USDC adoption originates from non-US regions. According to the estimations of Circle CEO Jeremy Allaire, some of the fastest growing areas are emerging and developing markets, which are not in the country that has been facing severe regulatory uncertainty. Not Fixated on US Allaire took to X (formerly Twitter) to reveal observing “strong progress” across Asia, LATAM, and Africa, highlighting the demand for “safe,...
Read More »The US Will Become a ‘Highly Competitive Market’ Once it Embraces Crypto, Circle CEO Says
Jeremy Allaire – Chief Executive Officer of Circle – believes American regulators should open arms to the cryptocurrency industry to prevent falling behind other nations. He said the US government was among the first to propose recommendations regarding stablecoin regulation, adding that the White House, the Federal Reserve, and the Treasury Department are all focused on that mission. ‘The US may be Late to the Party’ In a recent interview, Allaire regretted that the...
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