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Circle Signs MoU With SBI Holdings to Expand USDC Circulation in Japan


Source: Pexels Circle, stablecoin issuer behind USD Coin (USDC), has joined forces with Tokyo-based financial services firm SBI Holdings to facilitate the strategic expansion of USDC into the Japanese market. This collaboration, solidified through a memorandum of understanding (MOU) signed...

Circle introduces Bridged USDC Standard


Circle has introduced the Bridged USDC Standard for two core objectives: expanded access to USDC and reduced fragmentation. USDC is live on 15 blockchains, with the possibility that more networks could join the ecosystem in the future. They would look to solve the cold start issue, thereby...

Circle Launches Bridging Standard for Stablecoin Deployment on New Networks


Source: Circle In a first-ever announcement in the stablecoin ecosystem, Circle, makers of USDC, has released a bridging standard for its digital token. Making the announcement in a November 21 blog post, the fiat-backed stablecoin maker pointed out the need to help developers bootstrap stablecoin...

Circle Introduces Zero-Fee USDC Minting with Circle Mint in Singapore


Source: Circle Internet The issuer of the USDC stablecoin, Circle, has announced the launch of its zero-fee minting facility, Circle Mint, exclusively in Singapore. This strategic initiative comes on the heels of Circle securing the Major Payments Institution (MPI) license from the Monetary...

Report: Stablecoin Giant Circle Eyes 2024 Public Listing


According to anonymous sources familiar with the matter, Circle Internet Financial Ltd., the second-largest stablecoin issuer, plans to go public in 2024 via backing from Blackrock, Goldman Sachs, and others. The news follows Circle’s special-purpose acquisition company (SPAC) plans to offer...

USDC Stablecoin Issuer Circle Contemplates Potential IPO for 2024


Source: Circle Internet Circle Internet, the issuer of USD Coin stablecoin, is eyeing a potential initial public offering (IPO) in early 2024, according to Bloomberg. The company is currently in discussions with advisors to weigh the feasibility and timing of such a move to the public markets,...

Dydx Chain Unveils Network Fee Distribution and USDC Trading Fee Allocation


The Dydx chain, a proof-of-stake blockchain network, has successfully launched its mainnet and introduced dydx as its layer one (L1) token. On October 26, at 1 p.m. EDT, the network’s validators created the first block, signifying the start of a new era for the Dydx chain. The introduction of dydx...

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