The United Arab Emirates (UAE) has officially approved Circle, the issuer of the popular USD Coin (USDC) stablecoin, as a licensed money services provider. This regulatory greenlight comes from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), the UAE’s leading international financial center. Circle’s new license ...
Mastercard is taking another significant step toward mainstream crypto adoption, announcing a new initiative allowing over 150 million merchants on its global network to accept payments in stablecoins. The move is part of a broader partnership with payments processor Nuvei and stablecoin issuers Circle and Paxos. Through the collaboration, merchants ...
Singapore-based fintech firm FOMO Pay has been selected as one of the inaugural global design partners in the newly launched Circle Payments Network (CPN), marking a strategic step toward modernizing cross-border payments using regulated stablecoins. Developed by global fintech leader Circle, the CPN is designed to enable near-instant international transactions ...
Circle has unveiled the Circle Payments Network (CPN), a new global infrastructure to transform cross-border money movement by connecting financial institutions through regulated digital currencies. According to Circle, the CPN eliminates inefficiencies in international payments by allowing real-time settlements using Circle-issued stablecoins such as USDC and EURC. The network aims ...
Circle has released USDCKit, a new tool intended to simplify the integration of USDC payments for businesses. This announcement was made on March 27, 2025, on Circle's official blog. The development of USDCKit comes at a time when the demand for stablecoins is increasing despite market volatility. Stablecoins like USDC ...
As the United States moves closer to introducing stablecoin legislation, Circle CEO Jeremy Allaire is urging tighter regulatory oversight, calling for all issuers of dollar-pegged digital assets to be registered within the United States. In an interview with Bloomberg, Allaire voiced concerns about stablecoin issuers operating outside the U.S. while ...
Circle CEO Jeremy Allaire claims that regulation from the U.S. Securities and Exchange Commission is preventing financial institutions and companies from holding cryptocurrency, and he is calling for its repeal. The regulation known as Staff Accounting Bulletin 121 requires banks to classify digital assets as liabilities on their balance sheets. ...
Binance announced a groundbreaking partnership with Circle Internet Group, the issuer of the USDC stablecoin, in a press release at the Abu Dhabi Finance Week on December 11. This collaboration aims to enhance the global adoption of USDC by integrating the stablecoin across Binance’s extensive range of products and services. ...
Bitwise Asset Management predicts that 2025 will be a landmark year for cryptocurrency companies going public, with at least five “crypto unicorns” expected to launch Initial Public Offerings (IPOs). In their “10 Crypto Predictions for 2025” report, Bitwise’s Chief Investment Officer, Matt Hougan, and Head of Research, Ryan Rasmussen, have ...
Circle, the issuer of stablecoin USDC, has cut its workforce by under 6% following a strategic assessment of its investments and expenditures, according to Bloomberg. A spokesperson for Circle told Bloomberg that the layoffs are part of "regular reviews" and are intended to streamline operations and reallocate resources to focus ...
