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USDC Finds Stability Near $0.97 After Crashing on SVB Concerns

USDC Finds Stability Near $0.97 After Crashing on SVB Concerns

Circle said the stablecoin will be redeemable for US dollars starting Monday.
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Stablecoin Volume Hits Record High of $7.4T in 2022

Stablecoin Volume Hits Record High of $7.4T in 2022

Stablecoin Surge Exceeds MasterCard and American Express
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Circle Abandons IPO Plans

Circle Abandons IPO Plans

USDC Issuer Was Valued At $9B In February
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USDC Issuer Circle Announces Euro-Backed Stablecoin 

USDC Issuer Circle Announces Euro-Backed Stablecoin 

Circle, the issuer of USDC, will launch a new stablecoin pegged to the euro, the company announced Thursday. 
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Circle Expands Beyond Ethereum With Support For USDC On Polygon

Circle Expands Beyond Ethereum With Support For USDC On Polygon

The move will enable Polygon-based businesses and developers to decrease settlement times and lower costs by accessing USDC directly.
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Circle Dials Back Risk in USDC Reserves Ahead of Going Public

Circle Dials Back Risk in USDC Reserves Ahead of Going Public

Corporate debt is no longer good enough for Circle, the blockchain powerhouse. That’s the upshot of a move Circle announced on Sunday as it unveiled a rebalancing of the reserves that support USDC, it’s widely used stablecoin. Circle, a peer-to-peer payment platform powered by blockchain technology, will now solely use cash and short-duration U.S. Treasury…
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Circle To Go Public in Q4 at $4.5B Valuation

Circle To Go Public in Q4 at $4.5B Valuation

DeFi’s most popular stablecoin issuer is going public. Circle, which issues the USDC stablecoin, announced its plans yesterday to go public in Q4 of this year through a special purpose acquisition company (SPAC). The deal will happen with Concord Acquisition Corp. and Circle will trade under the ticker symbol CRCL with the transaction valuing the…