Jeremy Allaire News

22.08 / 12:59

coinbase Circle USDC USDC stablecoin stake Coinbase Crypto Exchange Buys Stake in USDC Stablecoin-Issuer Circle – Here's What You Need to Know

According to Circle's blog post released on August 21, Cryptocurrency exchange Coinbase has bought a minority stake in Circle Internet Financial while dissolving their Centre Consortium partnership that had issued USD Coin (USDC), the world's second-largest stablecoin.

21.08 / 22:11

business coinbase Circle Usd Coin Shuts Down Centre stake Coinbase takes equity stake in Circle as USDC Centre Consortium shuts down

Coinbase and Circle have redefined their relationship, according to identical announcements on the Coinbaseand Circle blogs on Aug. 21. The two organizations jointly launched the USD Coin (USDC) stablecoin and have until now governed the token through the Centre Consortium.

10.08 / 18:49

Stablecoin CBDC Circle USDC Future Circle CEO Urges On-Shore Stablecoin Development for the Future of Finance

Resharing Circle's video ad tweet, Jeremy Allaire, the CEO of Circle, emphasized the critical need to accelerate the progress of the digital dollar and Stablecoin development. His message highlights that this advancement is essential for maintaining the strength of the US dollar.

10.08 / 17:47

business Stablecoin Altcoin Circle Usd Coin Deal Circle preps $1B war chest to deal with market threats from PayPal and others

Stablecoin issuer Circle has a $1 billion cash reserve pegged as insurance against a declining market capitalization and fresh competition from the traditional finance and technology industries, said CEO Jeremy Allaire.

09.08 / 13:01

Stablecoin USDT USDC International Circle Stablecoin CEO Unveils International Dominance: 70% of USDC Adoption Outside US

In an August 8th tweet, Jeremy Allaire, the CEO of Circle, mentioned that approximately 70% of USD Coin (USDC) adoption originates from countries beyond the United States.

09.08 / 10:15

Adoption coinbase New York State 19% of New Yorkers own cryptocurrency: Coinbase report

A Coinbase report series highlighting crypto innovation at the state level in the United States has recently published its fourth edition, which features New York. The report highlighted various milestones the state reached regarding crypto adoption.

08.08 / 17:11

Blockchain Ethereum Stablecoin Adoption defi Polygon avalanche USDC issuer Circle launches MPC wallet beta for Ethereum, Polygon, Avalanche

USD Coin (USDC) issuer Circle has released a beta version of a multiparty computation (MPC) wallet service, according to an Aug. 8 announcement. The new service will allow developers of decentralized finance (DeFi) apps, Web3 video games, e-commerce services and other blockchain applications to create customized wallets specifically for their users. It will be available initially on Ethereum, Avalanche and Polygon.

08.08 / 05:07

Stablecoin Adoption Tether Circle Usd Coin Circle CEO: 70% of USDC adoption comes from outside the US

Circle CEO Jeremy Allaire estimates as much as 70% of USD Coin (USDC) adoption comes from countries outside of the United States.

14.07 / 03:55

Law Stablecoin regulation Circle Warning Circle CEO spells doom scenario for US dollar in warning to Congress

The United States dollar’s place as a global reserve currency will be under threat if Congress isn’t quick to regulate stablecoins, warns the CEO of Circle.

11.07 / 18:23

UPS Booking CEO Align BitMEX Bitcoin Backed Rich Dad Poor Dad Author Robert Kiyosaki Predicts US Dollar's Demise Imminent as BRICS Nations Soon to Unveil Gold-Backed Crypto

Robert Kiyosaki – author of the famous personal finance book Rich Dad Poor Dad – is bearish on the U.S. dollar after BRICS nations reportedly agreed to establish a gold-backed currency.

11.07 / 15:21

Stablecoin SEC G20 Legal Bitcoin Today in Crypto: Crypto's 'Inherent Structural Flaws' Make It Unsuitable for Monetary System, BIP39 Mnemonic Phrases Can be Turned into Colors, Dev Says He Reverse-Engineered Brazil CBDC Source Code, Algofi to Shut Down

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

11.07 / 11:59

Blockchain Stablecoin CBDC Adoption regulation Usd Coin China could benefit from yuan stablecoin over its CBDC - Circle CEO

China has long since closed its doors to decentralized cryptocurrencies, but Circle CEO Jeremy Allaire believes that stablecoins could play a role in the proliferation of China’s digital yuan.

06.07 / 14:59

Circle USDC USDC-Issuer Circle Looking to Launch Stablecoin in Japan

The firm behind USDC stablecoin, Circle, is looking to launch a stablecoin in Japan under new regulations that came into effect last month.

30.06 / 14:49

Circle USDC Executive Former Goldman Sachs Executive Craig Broderick Joins Stablecoin-Issuer Circle's Board

The former Goldman Sachs executive Craig Broderick has joined the Board of Directors of Circle Internet Financial, the issuer of the USDC stablecoin.

27.06 / 13:23

Circle Stablecoin Issuer Circle Keeping an Eye on Hong Kong's Crypto Policies Amid Asian Market Focus

US-based stablecoin issuer Circle is closely monitoring Hong Kong’s crypto policies as the government pushes for a friendly regulatory framework.

13.06 / 21:14

Stablecoin Circle legislation House Financial Services lawmakers Stablecoin Bill Circle CEO Allaire Puts Pressure on House Lawmakers To Pass a Stablecoin Bill

The CEO of stablecoin issuer Circle has put pressure on lawmakers to pass a stablecoin bill and get it signed by President Joe Biden as other countries forge ahead.

09.06 / 12:13

regulation Circle USDC regulatory Circle USDC-Issuer Taps Ex-Regulator as Chief Legal Officer in Regulatory Push

Circle, the US-based company behind the stablecoin USDC, has tapped former Commodity Futures Trading Commission (CFTC) chair Heath Tarbert as its new Chief Legal Officer as it pushes for more regulatory clarity in the US.

08.06 / 18:33

business regulation Circle Usd Coin Executive Circle hires former CFTC, US Treasury executive as chief legal officer

Stablecoin issuer Circle has loaded its arsenal to fight the ongoing regulatory crackdown on crypto. By July 1, the role of chief legal officer and head of corporate affairs will be filled by Heath Tarbert, a top attorney with a background in all three branches of the United States government.

07.06 / 20:35

Stablecoin Payments regulation Circle Circle is latest recipient of Major Payment Institution license in Singapore

Circle’s Singapore affiliate, Circle Internet Singapore, has received a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). Circle Singapore received in-principle MPI approval from MAS in November and opened its office in the city-state in May.

28.05 / 17:47

business Stablecoin Altcoin Tether Circle Usd Coin Binance USD USDT market share jumps amid economic uncertainty, USDC shrinks

The market dominance of stablecoins pegged to the United States dollar has undergone some changes over the past year. While most of them are in a downward trend, Tether (USDT) has climbed back to its all-time high, data from CoinGecko shows.

19.05 / 10:47

Stablecoin Tether coinbase European Union IMF Usd Coin Future Stablecoin survival: Navigating the future amid global de-dollarization

It is an empirical fact that the United States dollar is continuing to lose its dominant role as the global reserve currency, but what might happen to the stablecoin market should it be superseded?

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