USDC Stablecoin Backer Circle to Go Public in $4.5B SPAC Deal

2021-8-27 14:05

Circle will go public by way of Bob Diamond's Concord Acquisition Corp.

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Crypto needs more public companies – collapse of Circle IPO indicative of industry troubles

Key Takeaways Circle issues the USDC stablecoin, the world’s fifth largest cryptocurrency with a market cap of $44 billion Circle announced plans to go public in July 2021 at $4.5 billion valuation This valuation doubled to $9 billion last February, but deal was cancelled in December Crypto needs more public companies to establish legitimacy, our […] The post Crypto needs more public companies – collapse of Circle IPO indicative of industry troubles appeared first on CoinJournal.

2023-1-26 14:42


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Leading Stablecoin USDC to Be Issued on Energy-Efficient, PoS-Based Tezos (XTZ) Blockchain

Tezos (XTZ) has been selected as one of the blockchains for the issuance of leading U.S. dollar-pegged stablecoin USDC. Centre Chooses Energy Efficient Tezos to Issue USDC Tezos (XTZ), a self-upgradable and energy-efficient, proof-of-stake (PoS) public blockchain has been chosen by Centre – the consortium supporting the USDC stablecoin founded by Circle and Coinbase –Read More

2021-6-30 15:33


Introducing USD Coin

Today Circle and the CENTRE open source consortium introduced a service to tokenize US dollars and use those dollars over public blockchains on the internet: USD//Coin, also known as USDC. Individuals and institutions can enroll in this service to deposit US dollars from bank accounts, convert those dollars into

2018-10-5 16:00