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Tag Archives: usdc stablecoin

Circle Is to Anchor Its Business on Stablecoin Services as Its Executives Leaving the Team

Circle payments startup announced that it is anchoring its business model primarily to providing stablecoin services. The news comes after the firm sold its over-the-counter (OTC) trading desk to Kraken. Additional executives were leaving as part of that Circle OTC sale deal. These top-ranking individuals leave just weeks after co-CEO Sean Neville said that he would be stepping down.Neville and CEO Jeremy Allaire used a long blog post on December 17 to say that the company would majorly focus...

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