Circle Snags First Stablecoin License Under EU’s New MiCA Crypto Rules
Circle Mint France will issue the euro-denominated EURC stablecoin and USDC in the European Union in compliance with MiCA.
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Circle Mint France will issue the euro-denominated EURC stablecoin and USDC in the European Union in compliance with MiCA.
The stablecoin Circle USD (USDC) has been growing in market share and approaching the undisputed leader, Tether USD (USDT). Ongoing … Continue reading
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Six years after dropping support for bitcoin and, thus, crypto payments altogether, Stripe is bringing back the service later this summer, though initially only for Circle’s USDC stablecoin.
It could be part of a long-time realignment separating compliant and gray-market crypto, says Daniel Kuhn.
Circle cited its “risk management” framework as part of the decision, among other factors.
A 1976 Treasury bill worth $5000. (Wikimedia/CoinDesk)
Celo, which is in the midst of transforming into an Ethereum layer 2 network, increasingly positions itself as a blockchain for real-world assets.
The integration allows developers to build cross-chain use cases via Chainlink’s CCIP that involve multichain transfers of Circle’s USDC stablecoin.
Since its introduction in 2018, USDC has been used to settle over $12 trillion in blockchain transactions.
Circle’s USDC stablecoin spiked down to as low as $0.74 on three occasions today following a marketwide sell-off spurred by a report casting doubt over whether a spot bitcoin ETF will be approved this month.