Circle | ForkLog

ForkLog 9 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.

AI translated

ForkLog 7 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.

AI translated

ForkLog 10 09.11.2022

Circle CEO compares the FTX crisis to Lehman Brothers’ collapse

For the crypto market, FTX's insolvency is comparable to the collapse of investment bank Lehman Brothers, which became the catalyst for the 2008 crisis.

AI translated

ForkLog 11 07.11.2022

Circle to add Solana support for Euro Coin

Circle announced plans to support the Euro Coin (EUROC) stablecoin on the Solana blockchain in the first half of 2023.

AI translated

ForkLog 11 04.11.2022

Circle shifts part of USDC reserves into a BlackRock-managed fund

Circle has begun transferring reserves of the USD Coin (USDC) stablecoin into a special fund created by BlackRock and registered with the U.S. Securities and Exchange Commission.

AI translated

ForkLog 17 02.11.2022

USDC and USDP issuers obtain licences to operate in Singapore

The Monetary Authority of Singapore (MAS) has issued licences to operate for stablecoin issuers USDC and USDP — Circle and Paxos.

AI translated

ForkLog 86 15.08.2022

What is the USDC stablecoin?

What is USDC? How does it differ from other stablecoins? What assets back its reserves? We explain in brief.

AI translated

ForkLog 12 09.08.2022

Circle freezes USDC on Tornado Cash addresses amid U.S. sanctions

Circle has blacklisted USDC addresses of the Tornado Cash mixing service following OFAC sanctions.

AI translated

ForkLog 20 05.08.2022

Circle downplays impact of Nomad and Slope incidents on the company

Circle Internet Financial, the company behind the USD Coin (USDC) stablecoin, was one of the investors in two projects hacked this week — Nomad and Slope.

AI translated

ForkLog 16 19.07.2022

Circle confirms plans for public listing in Q4 2022

The co-emitter of the USD Coin (USDC) stablecoin, Circle, will go public in the fourth quarter of 2022. This was confirmed in an interview with Decrypt by its CFO Jeremy Fox-Djin.

AI translated

ForkLog 17 15.07.2022

Circle releases first monthly report on USDC reserves

$42.12 billion of the USD Coin (USDC) collateral was held in U.S. Treasuries, $13.58 billion in cash at regulated banks. Such data are contained in Circle's unaudited co-emitter report as of the end of June.

AI translated

ForkLog 18 04.07.2022

Circle CEO reveals details of USDC backing

Co-founder and Circle CEO Jeremy Allaire presented details of how USD Coin (USDC) operates. The initiative aims to bolster trust amid industry difficulties following the Terra collapse.

AI translated

#Circle