Category: Circle

Auditors reveal USDC backing as Jim Cramer sounds alarm over Tether’s mad money

Auditors reveal USDC backing as Jim Cramer sounds alarm over Tether’s mad money

Auditors working for Circle have disclosed the reserves backing the firm’s USDC stablecoin, while Mad Money’s Jim Cramer has questioned Tether’s lack of transparency with its USDT reserves. Multi-national tax advisory firm Grant Horton conducted the audit, and a reserve attestation report was published on July 20 which showed that 61% of USDC’s reserves were […]

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US Government Enlists USDC for ‘Global Foreign Policy Objective’ in Venezuela: Circle CEO

US Government Enlists USDC for ‘Global Foreign Policy Objective’ in Venezuela: Circle CEO

Nov 20, 2020 at 7:36 p.m. UTCUpdated Nov 20, 2020 at 10:05 p.m. UTC Venezuelan opposition leader Juan Guaido was declared interim president by Venezuela’s National Assembly in January 2019.(Carolina Cabral/Getty Images) US Government Enlists USDC for ‘Global Foreign Policy Objective’ in Venezuela: Circle CEO Payments startup Circle is getting political. The stablecoin issuer is […]

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USDC Is Coming to Solana Blockchain in Potential Boost for Non-Ethereum DeFi

USDC Is Coming to Solana Blockchain in Potential Boost for Non-Ethereum DeFi

Oct 21, 2020 at 15:00 UTCUpdated Oct 21, 2020 at 15:45 UTC USDC Is Coming to Solana Blockchain in Potential Boost for Non-Ethereum DeFi The Coinbase- and Circle-backed CENTRE Consortium announced support for its USDC stablecoin on the Solana blockchain Wednesday, marking the dollar-backed asset’s fourth blockchain integration, after Ethereum, Algorand and Stellar, announced barely […]

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