Circle | ForkLog

ForkLog 9 21.03.2023

Circle Applies for Licenses in France

The USDC co-issuer—Circle—applied in France for local licences as a digital-asset service provider and an e-money institution.

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ForkLog 10 15.03.2023

Circle trims USDC supply by 4.5 billion coins in five days

From March 10, Circle, the co-issuer of the stablecoin USD Coin (USDC), redeemed about 6.2 billion USDC, according to data from Arkham.

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ForkLog 9 14.03.2023

Circle gains access to SVB deposits worth $3.3 billion

The issuer of USDC, Circle, gained access to $3.3 billion in deposits at the collapsed Silicon Valley Bank.

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ForkLog 12 14.03.2023

Circle and Coinbase accuse banks of destabilising the cryptocurrency market

Problems in the banking sector have created uncertainty in the cryptocurrency market, according to the co-issuers of the USDC stablecoin—Circle and Coinbase, The Block reports.

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ForkLog 11 13.03.2023

Circle reassures on resolving USDC banking-support issues.

The price of the stablecoin USDC has nearly returned to par amid statements from regulators and the coin’s issuer, Circle.

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ForkLog 10 12.03.2023

Circle promises to cover ‘any shortfall’ in backing for USDC

Circle uses corporate funds and “external capital” to back USD Coin (USDC) if it is unable to timely and fully return part of the stablecoin reserves held on accounts at Silicon Valley Bank.

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ForkLog 7 23.02.2023

WSJ: USDC stablecoin operator to raise headcount by 25%

Circle plans to raise headcount by 15-25% by year-end.

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ForkLog 9 14.02.2023

Bloomberg: Circle complains to NYDFS about Binance’s stablecoin

In 2022, Circle filed a complaint with the New York State Department of Financial Services (NYDFS) regarding the quality of reserve management for the Binance USD stablecoin (BUSD). Bloomberg reports.

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ForkLog 8 26.01.2023

Circle says the SEC was not at fault over SPAC deal collapse

The SEC was not the reason Circle's termination of the agreement with Concord Acquisition within the SPAC merger; any such claims to the contrary are inaccurate. This was stated by representatives of the issuer of the stablecoin USDC to Decrypt.

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ForkLog 9 17.01.2023

Circle publishes first annual report on the USDC economy

Circle — the operator of the stablecoin USD Coin (USDC) — has released its first annual report on the development and prospects of the coin's economy.

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ForkLog 7 05.12.2022

Circle abandons SPAC plan to go public

The Circle, the company behind the stablecoin USD Coin (USDC), terminated its reverse merger with SPAC Concord Acquisition Corp.

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ForkLog 6 16.11.2022

Circle reveals investment in FTX

Circle, the issuer of the USD Coin (USDC), holds about $10.6 million of FTX Group equity, disclosed in a filing with the SEC.

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