Finance
Tokenized Gold Achieves $1.4 Billion Market Valuation as Trading Activity Peaks in March
The market for gold-backed tokens surged to a record $1.4 billion, with Tether's XAUT and Paxos' PAXG leading the way, as detailed in CoinDesk's report.
Finance
Circle and Near Ventures Contribute $14 Million to Indian Diaspora Remittance App
The remittance application, Abound, has successfully secured $14 million to enhance its services for the Indian community overseas.
Finance
Intercontinental Exchange to Explore New Applications for Circle's USDC and USYC Tokens
The Intercontinental Exchange is set to investigate potential uses of Circle's USDC stablecoin and USYC tokenized money market fund in various financial operations.
Finance
Regulatory Approval Secured for Circle's USDC in Japan, Partnering with SBI Holdings
Circle announces the regulatory approval of its USDC stablecoin in Japan, partnering with SBI Holdings for widespread adoption.
Finance
Circle Aims to Introduce $1 Billion Tokenized Treasury Under Bermuda Regulation
Circle intends to bring its newly acquired Hashnote Tokenized Money Market Fund under Bermuda's regulations to enhance its digital asset operations.
Finance
Circle Enhances Cross-Chain Transfer Protocol for Faster USDC Transactions
Circle has unveiled its new Cross-Chain Transfer Protocol V2, allowing near-instant USDC transfers, drastically cutting transaction times.
Finance
Tether and Circle Compete for Dominance in the Stablecoin Sector Regulation
A recent report discusses the differing strategies of Tether's Giancarlo Devasini and Circle's Jeremy Allaire regarding stablecoin regulations.
Altcoins
Circle Receives Approval for USDC Operations in Japan and UAE
Circle has gained regulatory approval to offer USDC, the global dollar stablecoin, in Japan and the UAE, marking significant advancements in cryptocurrency regulations.
Policy
Call for Regulation: Circle's Allaire Advocates for Dollar-Backed Stablecoin Registration
Jeremy Allaire emphasizes the need for stablecoin issuers linked to the dollar to register in the U.S. to ensure compliance with regulations.
Policy
Dubai Grants Recognition to Circle's Stablecoins USDC and EURC for Use in DIFC
The Dubai Financial Services Authority has officially recognized Circle's USDC and EURC as viable crypto tokens within the Dubai International Financial Centre.
Finance
Circle Launches Paymaster Feature for Using USDC in Transaction Fees
Circle introduces a new feature allowing users to pay transaction fees using USDC, reducing reliance on native tokens.
Finance
Circle Joins Tokenization Frontier with Hashnote Acquisition Worth $1.3 Billion
Circle takes a bold step into the tokenization space by acquiring Hashnote, aiming to enhance its USDC offering and partnerships with crypto trading firms.
Market News
Stablecoin Market Cap Achieves $200 Billion Benchmark, Potential to Reach $400 Billion by 2025
Recent insights predict that the stablecoin sector could see its market size double in the coming year, driven by regulatory developments and increasing adoption.
Finance
Binance Teams Up with Circle to Enhance Global USDC Usage
A significant collaboration between Binance and Circle aims to expand the adoption of the USDC stablecoin worldwide.
Finance
Circle Announces USDC as Canada's First Regulated Stablecoin
Circle has become the first stablecoin issuer in Canada to comply with new regulations, allowing its USDC to remain on exchanges amid tightening rules.
Finance
Circle's USDC Misses 6% of Workforce After Review
Circle, the issuer of USDC, announces job cuts affecting less than 6% of its staff following an operational review.
Finance
Circle's CEO Predicts Trillions in Growth for Stablecoins Over the Next Decade
Jeremy Allaire of Circle forecasts significant expansion for stablecoins, expecting them to become a vital component of the global financial landscape.
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