Circle and Onafriq Revolutionize Payments in Africa
TL;DR Circle, the issuer of the USDC stablecoin, partners with Onafriq, Africa’s largest payment network, to cut high cross-border transfer costs. This alliance covers over...
Tag : circle
Circle’s Bitcoin Holdings Raise Questions Amid $5 Billion Valuation
TL;DR Modest Bitcoin Holdings: Despite a $5 billion valuation, Circle holds only 73 BTC (~$6.78M), sparking concerns over its commitment to Bitcoin compared to peers...
Stablecoin Issuers Command 40% of December’s On-Chain Revenue
TL;DR Stablecoin issuers accounted for over 40% of on-chain revenue in December 2024, generating more than $664 million out of the $1.5 billion total. Tether...
Circle Rolls Out CCTP V2: A Game-Changer for Cross-Chain USDC Transfers
TL;DR Circle has launched CCTP V2, an upgraded Cross-Chain Transfer Protocol, to address liquidity fragmentation and improve user experiences, making USDC transfers faster and more...
Stablecoin Issuers Target North Korean Hackers
TL;DR Stablecoin Issuers Act Against Lazarus Group: Tether, Circle, Paxos, and Techteryx have frozen wallets linked to North Korea’s Lazarus Group, seizing nearly $7 million...
Stablecoin Market Cap Hits Record $168 Billion
TL;DR Record Milestone: The stablecoin market cap has reached a historic $168 billion, marking 11 consecutive months of growth and surpassing the previous peak of...
Circle to Enable NFC Tap-and-Go Payments with USDC on iPhones Soon
TL;DR Circle will enable contactless payments with USDC on iPhones using NFC technology. Apple has opened up access to its NFC chip to third-party developers....
Hoskinson Alerts on Control of Stablecoins by Industry ‘Vampires’
TL;DR Charles Hoskinson warns about the dominance of companies like Circle and Tether in the stablecoin market, controlling 70% of transaction volume. Hoskinson highlights concerns...
Web3: Circle Offers New Services
The company Circle is expanding its horizons with the launch of new Web3 services: a smart contract platform and gas stations....
Circle Launches Native USDC on Polygon
In a significant development, Circle, the issuer of the US dollar stablecoin (USDC), has announced the launch of native USDC tokens on Ethereum’s layer 2...