Search Results for "circle"
Circle Launches Crosschain Forwarding Service for CCTP Integration
Circle's new forwarding service eliminates manual attestation fetching for USDC transfers, cutting crosschain transfer times by up to 50-200% across 14 chains.
Circle Unveils Full-Stack Platform Strategy With Arc Blockchain Push for 2026
Circle details 2026 product roadmap featuring Arc blockchain mainnet launch, expanded USDC infrastructure, and enterprise payment network scaling.
Circle Runs $30K USDC Hackathon Where AI Agents Judge Each Other
Circle's experimental hackathon on Moltbook lets autonomous AI agents submit projects, vote on winners, and settle rewards in USDC - no human judges involved.
Circle Pushes Switzerland to Accept Foreign Stablecoins Under New Crypto Rules
Circle's response to Swiss stablecoin consultation calls for equivalence pathway for regulated foreign stablecoins, warning current draft risks isolating Switzerland from $300B market.
Circle USDC Hackathon Winners Show AI Agents Can Run Full Competitions
Circle's USDC OpenClaw Hackathon awarded $30K to AI-built projects, with autonomous agents handling submissions, evaluation, and voting without human judges.
FV Bank Partners with Circle for Instant USDC Deposits and Conversion
FV Bank, a global digital bank, has partnered with Circle to enable instant and automatic conversion of USD Coin (USDC) into USD upon deposit for a seamless experience.
USDC Issuer Circle Secures $400M Funding from Fidelity and BlackRock
Circle, the company behind USD Coin (USDC), has bagged funding worth $400 million from different players, including Fidelity Management, BlackRock Inc, and Research LLC, signalling traditional finance interest in the crypto space.
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.
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.
Circle Unable to Withdraw $3.3 Billion from SVB, Causing USDC Sell-Off
Circle, the issuer of USD Coin (USDC), was unable to withdraw $3.3 billion of its $40 billion reserves from Silicon Valley Bank (SVB), leading to a sell-off that caused the stablecoin's value to drop below its $1 peg. Circle initiated a wire transfer to remove the funds from SVB as the FDIC-insured bank was about to shut operations, but the transfer was not wholly processed, leaving $3.3 billion of USDC reserves with SVB. Dante Disparte, Circle's chief strategy officer, warned that SVB's failure could have broader implications for the US economy.
Coindesk May Be Sold as Parent Company DCG Struggles
CoinDesk may sell. Digital Currency Group (DCG), its parent firm, looks to be struggling financially. DCG has received many bids over $200 million for the media group in recent months.
Circle Partners with Cross River Bank for USDC Production and Redemption
Circle has partnered with Cross River Bank for USDC production and redemption, as well as expanded relationships with other banking partners like BNY Mellon. The USDC stablecoin recently experienced a peg-breaking incident but has since recovered.