Circle Shifts Focus to Business, Closes Private Consumer Accounts
Circle, a major stablecoin issuer, to discontinue private consumer accounts, directing attention to institutional and business services amid industry speculation.
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Circle debuts EURC stablecoin on Solana
19/12/2023 02:00
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Additionally, their jointly operated Centre Consortium will be shut down.
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The firm ends SPAC deal under which it would have become a listed company.
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The USDC issuer has started investing funds into its CRF (Circle Reserve Fund) to ensure that holders can redeem their coins when they want.
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The passing of an investment proposal brought into question a legal agreement between the organizations and the Merit Circle DAO agreed to a counterproposal that would ensure a settlement.
CointelegraphCircle launches euro-backed stablecoin EUROC
Demand for stablecoins continues to rise as businesses look to on-chain liquidity to improve their operations.
CointelegraphCircle Unveils USDC Liquidity And Availability In Reserves
The entire crypto space felt a negative impact from the failure of the algorithmic stablecoin UST and Terra’s native token, ...
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The firm previously said its reserves would be in cash and treasuries.
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