Circle | ForkLog

ForkLog 24 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 23 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 13 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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ForkLog 19 14.02.2023

Bloomberg: Circle complains to NYDFS about Binance’s stablecoin

In 2022, Circle filed a complaint with the New York State Department of Financial Services (NYDFS) regarding the quality of reserve management for the Binance USD stablecoin (BUSD). Bloomberg reports.

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ForkLog 11 26.01.2023

Circle says the SEC was not at fault over SPAC deal collapse

The SEC was not the reason Circle's termination of the agreement with Concord Acquisition within the SPAC merger; any such claims to the contrary are inaccurate. This was stated by representatives of the issuer of the stablecoin USDC to Decrypt.

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ForkLog 17 17.01.2023

Circle publishes first annual report on the USDC economy

Circle — the operator of the stablecoin USD Coin (USDC) — has released its first annual report on the development and prospects of the coin's economy.

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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.

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ForkLog 22 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.

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ForkLog 19 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.

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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.

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ForkLog 16 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.

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ForkLog 23 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.

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