Circle - News, Articles & Research

Circle's new Spac deal doubles valuation to $9 billion

Circle Internet Financial, issuer of the USDC stablecoin, has doubled its valuation to $9 billion in a renegotiation of its Spac deal with Concord Acquisition Corp, the blank check firm run by former Barclays bigwig Bob Diamond.

17 February 2022

Company announcement/crypto

Bitso to utilise Circle for cross-border transfers to US

Bitso, the leading Latin American crypto exchange with more than 3 million users, has announced an integration with payment solutions from Circle to make it easier, faster, and more secure for Mexican residents to send and receive cross-border payments to or from the United States.

18 November 2021

Company announcement/crypto

Circle opens Singapore office

Circle has announced plans to expand to and invest in the Singapore market and initiate the application process to obtain applicable Singapore licenses and registrations. In connection with this application process, Circle will be establishing a hub for the broader Asia-Pacific market based in Singapore.

15 November 2021

Company announcement/crypto

Circle launches blockchain startup venture fund

Circle Internet Financial, LLC today announced the launch of Circle Ventures to invest in compelling, early-stage blockchain projects and companies that further Circle's mission to raise global economic prosperity through the frictionless exchange of financial value.

09 November 2021

Company announcement/people

Former Citi exec McKenney joins Centre Consortium to drive USD uptake

Centre, the consortium founded by Circle and Coinbase to provide standards and governance for USD Coin (USDC) and other future fiat-backed stablecoins, today announced that Morgan McKenney, former Chief Operating Officer for Citi’s Global Consumer Banking has joined the company as Special Advisor to lead Centre’s payments innovation initiatives.

04 November 2021

News/crypto

MoneyGram and Stellar team on instant crypto-to-cash transfers

Having tipped its nose at Ripple, MoneyGram has formed a partnership with rival blockchain network Stellar to support instant money transfers using the USDC stablecoin.

07 October 2021

Company announcement/crypto

Circle integrates with Plaid to simplify ACH payments

Circle, a global financial technology firm that provides payments and financial infrastructure for internet businesses, today announced that it has integrated with Plaid, a data network powering the digital financial ecosystem.

23 September 2021

News/payments

AID:Tech utilises Circle and USD Coin to provide fraud resistant disaster relief

AID:Tech, a financial services company focused on transparency and accountability in federal relief distribution, has announced that it will soon be utilising the Circle payments solution and its digital dollar stablecoin, USD Coin.

27 August 2021