Circle CEO Jeremy Allaire (Keisuke Tada)
Circle Considers Issuing Stablecoin in Japan Under New Rules
Circle CEO Jeremy Allaire expressed interest in partnerships in the country, given that new rules governing stablecoins have come into effect.
Circle CEO Jeremy Allaire (Keisuke Tada)

Stablecoins, DeFi Likely to Be SEC’s Next Targets in U.S. Crypto Crackdown: Berenberg
Stablecoins, DeFi Likely to Be SEC’s Next Targets in U.S. Crypto Crackdown: Berenberg
Analysts from Berenberg say that the U.S. Securities and Exchange Commission (SEC) could bring DeFi protocols and stablecoins, including tether and USD Coin, into regulatory compliance as the agency continues its crackdown on the crypto industry. CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De weighs in on the report.
Stablecoins, DeFi Likely to Be SEC’s Next Targets in U.S. Crypto Crackdown: Berenberg

USDC/USDT Hourly Chart (Kraken)
USDC Stablecoin Depegs From $1; Circle Says Operations Are Normal
USDC/USDT dropped as low as 94 cents on Kraken, its lowest level since April 2021.
USDC/USDT Hourly Chart (Kraken)

Crypto exchange Coinbase to hold up to $1.6 billion of USDC for MakerDAO. (Unsplash)
MakerDAO Community Approves Proposal to Place USDC in Coinbase's Custody Platform
Up to $1.6 billion in USD coin will be held with Coinbase Prime, where it will earn a 1.5% reward.
Crypto exchange Coinbase to hold up to $1.6 billion of USDC for MakerDAO. (Unsplash)

Circle: USDC Backed 61% by Cash and Cash Equivalents
Circle: USDC Backed 61% by Cash and Cash Equivalents
In its latest attestation report, global payments company Circle revealed Tuesday about 61% of its stablecoin USDC is backed by “cash and cash equivalents,” meaning cash and money market funds. “The Hash” panel discusses Circle’s breakdown of its asset reserves, at least partially answering swirling questions about how USDC is supported.
Circle: USDC Backed 61% by Cash and Cash Equivalents

Bitcoin 24-hour price chart, CoinDesk 20.
Market Wrap: Bitcoin Rises After Volatile Week
Analysts see the possibility of further selling pressure despite short-term relief.
Bitcoin 24-hour price chart, CoinDesk 20.

Circle CEO Jeremy Allaire on Taking His Company Public
Circle CEO Jeremy Allaire on Taking His Company Public
Jeremy Allaire of Circle, an issuer of stablecoin USDC, says he vows to make his company “the most public and transparent operator of full-reserve stablecoins in the market.” Allaire discusses taking his company public and the mission to increase transparency around USDC.
Circle CEO Jeremy Allaire on Taking His Company Public

What Coinbase's Rate on USDC Reveals About Crypto Credit Risk
What Coinbase’s Rate on USDC Reveals About Crypto Credit Risk
Coinbase’s below market interest rate on deposits of the stablecoin USD coin USDC reveals customers might prefer lower risk lower reward What is the best way to store dollars Is it still a bank account or is it something like this host Adam B Levine asked Do we trust Coinbase as much as we trust [...]
What Coinbase's Rate on USDC Reveals About Crypto Credit Risk

USDC Stablecoin Backer Circle to Go Public in $4.5B SPAC Deal
USDC Stablecoin Backer Circle to Go Public in $4.5B SPAC Deal
Jeremy Allaire’s Circle, which issues stablecoin USD coin (USDC), is going public in a special purpose acquisition company (SPAC) deal that values the firm at $4.5 billion. “This deal matters because it’s a continuation of crypto companies making good, going public, and infiltrating the traditional world,” host Adam B. Levine said.
USDC Stablecoin Backer Circle to Go Public in $4.5B SPAC Deal

USDC Backer Circle to Go Public in SPAC Deal
USDC Backer Circle to Go Public in SPAC Deal
Amid much debate on the outlook for stablecoin regulation, Jeremy Allaire’s Circle, which issues stablecoin USD coin (USDC), is going public in a special purpose acquisition company (SPAC) deal. “Circle has a huge opportunity to provide more transparency than any other stablecoin issuer,” CoinDesk’s Nikhilesh De said.
USDC Backer Circle to Go Public in SPAC Deal