Circle | ForkLog

ForkLog 15 11.05.2023

Circle increases stake in US Treasury bills amid US default risk

The issuer of USD Coin (USDC), Circle, revised the collateral structure of the stablecoin in favour of short US Treasury bills to mitigate potential technical default risk.

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ForkLog 18 26.04.2023

Circle launches cross-chain USDC transfers between Ethereum and Avalanche

Circle, the issuer of {{AOPEN_1}}USD Coin (USDC){{ACLOSE_1}}, launched on mainnet the Cross-Chain Transfer Protocol (CCTP) to move {{AOPEN_2}}stablecoin{{ACLOSE_2}} across blockchains. The solution is initially implemented for Ethereum and Avalanche.

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ForkLog 23 23.03.2023

Circle signs partnership with Xapo Bank to bypass SWIFT payments

Circle has signed an agreement with Gibraltar-based Xapo Bank to bypass costly and time-consuming SWIFT payments.

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ForkLog 31 22.03.2023

Unknown hacker hijacks Circle executive’s Twitter account to push a scam

Circle co-founder and CEO Jeremy Allaire warned the community about the hack of the Twitter account of the company's chief strategy officer Dante Disparte.

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ForkLog 10 22.03.2023

Circle forecasts rise in banks’ interest in cryptocurrencies after MiCA

Within 48 months of MiCA's adoption, major European banks will roll out digital asset services. Such a forecast was provided by Circle's Director of Strategy and Regulatory Policy in Europe, Patrick Hansen.

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ForkLog 20 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 18 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 17 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 22 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 23 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 17 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 9 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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