USDC has seen huge growth and is gaining fast on Tether, the king of the stablecoins.
The Internal Revenue Services will seek information from Circle on all U.S. taxpayers who traded at least $20,000 worth of crypto between 2016 and 2020.
Buying in these stablecoins may foretell where the crypto market is going.
USD Coin continues to capture stablecoin market share, with Tether’s stable token dominance falling below 75% for the first time ever.
The result of developments in both crypto technology and regulation, Circle’s new USDC API provides a bridge between crypto and traditional finance.
Executives from Facebook’s ‘Diem’ Association, Circle, Soramitsu, and Coinbase discussed how and when digital currencies will go mainstream, at the Singapore Fintech Festival.
Oon CNBC’s ‘Squawk Box’ on Monday, Allaire spoke about the regulatory attitudes toward stablecoins and how the incoming administration may treat crypto.
The U.S. government is sending USDC payments to Venezuela using Circle and Airtm to bypass Nicolas Maduro, the nation’s dictator.
High yields and frequent interest payments on Circle’s business accounts may be designed to compete with DeFi protocols
Former U.S. Treasury Secretary Lawrence Summers praised stablecoins last week, saying he sees use cases in cross-border transactions as one example.