USDC

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.

By Lavender Au

Jul 6, 2023 at 1:18 a.m. UTC

Jul 6, 2023

RegulationStablecoinCircleUSDUSD Coin

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.

By CoinDesk Staff

Jun 21, 2023 at 3:09 p.m. UTC

Jun 21, 2023

USD CoinStablecoinsNikhilesh DeSECDeFicdtvFM ClipTethercrypto regulationNik DeStateCrypto_SponsorBerenberg

Markets

Circle

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.

By Sage D. Young

Mar 11, 2023 at 12:01 a.m. UTC

Mar 11, 2023

CircleKrakenTetherUSD CoinUSDT

Finance

Coinbase

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.

By Stephen Alpher

Oct 24, 2022 at 5:23 p.m. UTC

Oct 24, 2022

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Video

Circle

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.

By CoinDesk Staff

Jul 20, 2021 at 6:13 p.m. UTC

Jul 20, 2021

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Bitcoin 24-hour price chart, CoinDesk 20.

Markets

Commodities

Market Wrap: Bitcoin Rises After Volatile Week

Analysts see the possibility of further selling pressure despite short-term relief.

By Damanick Dantes Frances Yue

Jul 9, 2021 at 8:36 p.m. UTC

Jul 9, 2021

CommoditiesBitcoinAltcoinsEOScryptocurrenciesUSD CoinUSDCBitcoin ShortsSentimentMarket WrapRuffer Investment

Video

Circle

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.

By CoinDesk Staff

Jul 9, 2021 at 3:32 p.m. UTC

Jul 9, 2021

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What Coinbase's Rate on USDC Reveals About Crypto Credit Risk

Video

Usd coin

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 [...]

By CoinDesk Staff

Jul 8, 2021 at 6:43 p.m. UTC

Jul 8, 2021

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Video

Circle

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.

By CoinDesk Staff

Jul 8, 2021 at 6:43 p.m. UTC

Jul 8, 2021

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Video

Circle

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.

By CoinDesk Staff

Jul 8, 2021 at 3:44 p.m. UTC

Jul 8, 2021

CircleChinaUSD CoinNikhilesh DecdtvStablecoinsJeremy AllaireSPACUSDCspecial purpose acquisition company