Circle to Spin Out Poloniex Less Than 2 Years After $400 Million Takeover
Less than two years after paying $400 million to acquire Poloniex, Circle is spinning out the crypto exchange to an Asian investor group.
As the crypto market continues to rally, an old debate reignites on whether the most important stablecoin in trading is really stable.
Dollar-backed stablecoins are surging in popularity, and much of the demand is from normal businesses, not just crypto traders, Circle’s CEO said.
Buying in these stablecoins may foretell where the crypto market is going.
Jeremy Allaire sees governments and industry finally taking blockchain seriously. That's a big deal.
When world leaders gather in Davos next week, they'll confront an essential question, says Circle's Jeremy Allaire: Can they seize blockchain's ability to create value for people around the world?