CIRCLE News - Blockchain.News

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Circle Integrates zkSync for USD Coin
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Circle Integrates zkSync for USD Coin

Circle has integrated Ethereum's zero-knowledge layer-2 solution zkSync into its native stablecoin, USD Coin, enhancing transaction processing speed and preserving Ethereum's foundational values, thereby expanding its availability in the Ethereum layer-2 ecosystem.

Binance Ends USDC Transactions on TRC20 Network
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Binance Ends USDC Transactions on TRC20 Network

Binance will stop supporting USDC transactions on the TRC20 network from April 5, 2024, in response to Circle's policy changes.

Circle Deploys New Pre-Mint Address for USDC on Solana (SOL)
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Circle Deploys New Pre-Mint Address for USDC on Solana (SOL)

Circle has introduced a new pre-mint address for USDC on the Solana blockchain, streamlining operations in anticipation of the Cross-Chain Transfer Protocol launch.

Circle Rolls Out Native USDC on the Celo Blockchain, Expanding Stablecoin Access
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Circle Rolls Out Native USDC on the Celo Blockchain, Expanding Stablecoin Access

Circle has integrated USDC directly onto the Celo blockchain, enabling faster and cheaper transactions with its native stablecoin. This aligns with Circle and Celo's shared mission of increasing financial access.

Circle's 2024 USDC Economy Report Reveals Significant Growth in Stablecoin Adoption
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Circle's 2024 USDC Economy Report Reveals Significant Growth in Stablecoin Adoption

Circle's 2024 report on the USDC economy highlights significant growth in stablecoin adoption and usage, with a 59% increase in USDC wallets and over $12 trillion settled in blockchain transactions since its inception.

Circle Formally Refutes Allegations of Illicit Financing and Connections to Justin Sun
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Circle Formally Refutes Allegations of Illicit Financing and Connections to Justin Sun

Circle denies CfA's allegations of illicit financing and Justin Sun ties, emphasizing regulatory compliance and advocating for stronger stablecoin laws, as clarified by Dante Disparte.

Circle Introduces Gas Station and Smart Contract Platform to Streamline Web3 Development
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Circle Introduces Gas Station and Smart Contract Platform to Streamline Web3 Development

Circle announces new Web3 services—Gas Station and Smart Contract Platform—to simplify blockchain development and lower costs. These user-centric solutions aim to accelerate the mass adoption of blockchain technologies.

Circle Launches Native USDC on Polygon
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Circle Launches Native USDC on Polygon

Circle has natively integrated USDC on the Polygon PoS network, enabling direct access for users and developers. This move phases out the need for bridged USDC.e, providing a more stable and straightforward means for transactions on the network. The development is anticipated to foster numerous use cases, enhancing the overall ecosystem.

Coinbase Secures Major Payment Institution License from Singapore's Monetary Authority
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Coinbase Secures Major Payment Institution License from Singapore's Monetary Authority

Coinbase has obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), marking a significant milestone in its expansion into the Asian market. The license will enable Coinbase to offer digital payment token services to both individual and institutional clients in Singapore. This move aligns with the company's strategy to tap into Singapore's growing crypto and Web3 ecosystem.

Paradigm Challenges SEC's Authority in Lawsuit Against Binance
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Paradigm Challenges SEC's Authority in Lawsuit Against Binance

Paradigm, a venture capital firm, has filed an amicus brief in the SEC's ongoing lawsuit against cryptocurrency exchange Binance. The brief criticizes the SEC's approach, arguing that the agency is overstepping its regulatory boundaries. Paradigm emphasizes that the SEC's actions could have far-reaching implications for securities law.

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