Quantcast

Circle: 'Stablecoins like $USDC and blockchain powered platforms are delivering new financial applications and innovations'

CRYPTO NEWS AROUND THE GLOBE
Le réseau social X agite DOGE et SHIB avec un compte 'Payments'
Are cryptocurrency payments on X coming soon?
Crypto: Europe is forging its digital future
Deal on a single rulebook against money laundering and terrorist financing
"ECB to Cut Rates This Summer"
Europe: crypto companies will have to watch for transactions above €1000
Gemini, the Winklevoss crypto exchange, is coming to France
Circle CEO predicts US stablecoin law for 2024
Gemini obtains VASP approval in France: CNBC
Cryptocurrencies: the European Banking Authority “harmonizes” the PSAN sector
The major crypto trends of 2024 according to Binance Research
Crypto fintech Ripple discusses IPO abroad
Falling interest rates: what consequences for the crypto sector?
Bitcoin Spot ETF: how can I access it in Europe?
PayPal's stablecoin continues its rise with a market cap of more than $290 million
Binance to list crypto Manta Network (MANTA)
Attention explosion, this new listing from Binance promises
Crypto Start-ups in Europe: Opportunities and Challenge
Binance BNB: Between optimism and caution for 2024
The Last Man Standing in Crypto
Weekly Preview: Coinbase v. SEC, big token unlocks, and more
Binance Labs leads SkyArk Chronicles funding round
Crypto: Is the market at half mast again?
The impact of government regulation on cryptocurrencies
Bitcoin on X? Elon Musk opens the door to this possibility
Celebrating 25 years of the euro: a retrospective and future outlook
Bitcoin Documentary Wins Award at Cannes
The AMF and the ACPR warn the public against the activities of several players who offer investments in Forex and derivative products on crypto-assets in France without being authorized to do so
BitPay customers can now purchase goods and pay bills in BNB, LINK and UNI
A Hack of the S.E.C.’s Social Media Account Caused a Bitcoin Frenzy, Briefly
All Crypto News Around The Globe
Circle: 'Stablecoins like $USDC and blockchain powered platforms are delivering new financial applications and innovations'
Web3/Crypto
Webp untitled design 18
Jeremy Allaire | https://www.circle.com/en/about-circle

Circle, a digital asset and internet banking institution, said that platforms powered by blockchain and stablecoins such as $USDC are producing new financial platforms and innovation. Circle shared their statement in a September 6 post on X.

"Developers are using stablecoins like $USDC and blockchain powered platforms to deliver new financial applications and innovations," said . "Hear @jerallaire touch on the utility of digital dollars and more in a recent discussion on the @PompPodcast ."

CEO, co-founder, and Chairman of Circle, Jeremy Allaire, said that he wants "to grow [Circle's] stablecoin network to be the largest and most actively used in the world, and right now there are more on-chain transactions done with USDC than any other stablecoin," according to a post on X. Developers are trending toward blockchain-powered platforms and stablecoins to find innovation and new financial applications.

Get the Newsletter
Sign-up to receive weekly round up of news from Crypto Republique
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

According to Circle's website, USDC is a regulated digital currency "backed by U.S dollar and redeemable 1:1." It was created to be an easy way to offer digital payment and works across multiple platforms and applications worldwide. It uses a blockchain infrastructure that's "faster, less expensive, and more customizable than legacy rails." It allows businesses to offer "payment connectivity and dollar-backed financial services to more people in more places."

According to their website, Circle is a crypto payment platform that created its own digital currency called USDC which is backed by the US dollar. Working closely with regulators ensures that their digital dollar "guides and surpasses the standard for stablecoin." Circle’s mission is to "raise global economic prosperity through the frictionless exchange of value."

More News

Chief market strategist of Creative Planning: 'Gold and Bitcoin are now the top-performing major assets so far in 2025'

Charlie Bilello, chief market strategist of Creative Planning, said that gold and bitcoin lead all major asset classes in performance for 2025, marking a unique occurrence.

Jul 18, 2025

Binance to update collateral ratios for several assets under Cross Margin

Binance has announced an update to the collateral ratios for several assets under its Cross Margin platform, set to occur between July 25 and August 1.

Jul 18, 2025

Binance founder on Sen. Warren comments: 'NYSE ≠ economy'

Changpeng "CZ" Zhao, founder of Binance, said that the New York Stock Exchange (NYSE) should not be equated with the entire U.S. economy.

Jul 18, 2025

Co-founder of Ethereum on L2 development: A 'combination of trust minimization and efficiency'

Vitalik Buterin, co-founder of Ethereum, said that building layer-2 networks to leverage Ethereum’s core features delivers security and efficiency unachievable by earlier enterprise blockchains.

Jul 18, 2025

European Crypto Initiative co-founder: MEV counter-measures should consider 'DeFI users and crypto-assets market integrity'

Marina Markezic, co-founder of the European Crypto Initiative, said that increased regulatory attention on Maximal Extractable Value (MEV) necessitates counter-measures to protect users and maintain market integrity while ensuring blockchain...

Jul 16, 2025

Founder of Binance on Bloomberg coverage: 'Might have to sue them again for defamation'

Changpeng Zhao, founder of Binance, has said that a Bloomberg article contained multiple factual errors and suggested that legal action for defamation could be considered again.

Jul 16, 2025

Crypto Comments
Loading...

No comments available.

Trending
1

Executive Chairman of Strategy: Public firms added ~131K BTC in Q2, boosting their bitcoin holdings by 18%