Tag: Circle

source:  theblock.co

Circle Freezes $57M in USDC Amidst LIBRA Memecoin Scandal

Circle, the issuer of the popular stablecoin USD Coin (USDC), has frozen nearly $58 million in digital assets linked to the ongoing LIBRA memecoin scandal. This decisive move marks a significant development in one of 2025’s most high-profile crypto controversies as legal and political consequences continue to unfold. Blockchain analytics ...

Circle Partners with Onafriq to Slash Africa’s Cross-Border Payment Costs Using USDC

Circle Partners with Onafriq to Slash Africa’s Cross-Border Payment Costs Using USDC

Circle, the issuer of the popular USD-backed stablecoin USDC, has announced a strategic partnership with Onafriq, Africa’s largest payments gateway, to pilot stablecoin-based settlements across the continent. This collaboration aims to significantly reduce the high costs and inefficiencies associated with cross-border payments in Africa. Currently, more than 80% of intra-African ...

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