Quantcast

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

CRYPTO NEWS AROUND THE GLOBE
SEC Relaxes Crypto Reporting Rules for Banks and Brokerages
Germany Almost Done Selling Bitcoin, Holding Less Than 5K Tokens After Latest Moves
Crypto Exchange BitMEX Pleads Guilty to Violating the Bank Secrecy Act From 2015 to 2020
Cyprus Issues Alert to Accounting Professionals to Combat Crypto Terror Financing
French giant Vivendi now authenticates and protects its content via blockchain
Crypto: SEC on the Verge of Approving Ethereum ETFs
Italy to change crypto regulations to comply with MiCA
France’s shock election wins will upend crypto tax cuts, industry fears
Digital Asset Investment Products Gain $441M Amid Mt. Gox, German Sell-Offs: CoinShares
Metis co-founder's ZKM plans to launch Bitcoin Layer 2 GOAT Network
Prediction Markets and Polls Both Got the French Election Wrong
The duel between Gensler and Coinbase continues
Binance CEO: Company co-founder 'took full responsibility for past mistakes'
Binance, Hong Kong’s Organized Crime and Triad Bureau team up for law enforcement sharing session
Dissolution : la France aurait perdu « un trimestre de croissance », selon la Confédération des petites et moyennes entreprises (CPME)
Circle clears MiCA hurdle to become licensed stablecoin issuer in EU
Sony to Restart Japanese Crypto Exchange Whalefin Purchased From Amber Group in 2023
Crypto Exchange Bitget Sees India as ‘High-Priority Market,’ Mulls Expansion
Circle becomes the first stablecoin issuer in the world to comply with MiCA regulations
EU crypto traders urged to convert non-compliant stablecoins to regulated ones as MiCA framework takes effect
Crypto crime involving deepfakes seen surpassing $25bn in losses this year
Bitcoin's Potential Rebound May Face Resistance at $65K, OnChain Analysis Shows
Exclusive: Bybit Rises to Second-Largest Crypto Exchange, UTA Feature Key to Growth said Bybit Head of Communications
Fortune Crypto author: Nigerian government may 'regret its unjustified decision' to detain former U.S. federal agent
Crypto: Coinbase and its layer 2 Base team up with payment giant Stripe
Nostra CEO steps down 11 days after token airdrop with no vesting periods
Crypto: The Market Is Looking Up Again!
This French city accepts cryptocurrency payments
Early Legislative Elections: A Pro-Crypto Candidate is Running!
Solana launches “Blinks” and “Actions”: a revolution in the world of Web3?
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

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

Ethereum co-founder: Privacy protections create 'a more secure world with stronger freedoms'

Vitalik Buterin, co-founder of Ethereum, has emphasized the importance of robust privacy protections for security.

Jul 16, 2025

Chief Market Strategist of Creative Planning on S&P 500: 'There is no impossible in markets'

Charlie Bilello, Chief Market Strategist at Creative Planning, said that the S&P 500's strong rebound from a steep early-year loss to a year-to-date gain illustrates the unpredictability and resilience of markets.

Jul 16, 2025

Binance unveils world’s first Sharia-compliant multi-token staking product

Binance has announced the launch of Sharia Earn, a multi-token staking product designed to comply with Islamic finance principles.

Jul 16, 2025

Ripple CEO in Senate testimony: We help 'financial institutions reduce friction, unlock efficiencies, and serve their customers better'

Brad Garlinghouse, CEO of Ripple, said that the company enables global financial institutions to enhance cross-border payments and efficiency through digital technology.

Jul 9, 2025

Crypto Comments
Loading...

No comments available.

Trending
1

Binance unveils world’s first Sharia-compliant multi-token staking product

2

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