• Biden friend to crypto Allaire
    Cryptocurrencies,  Regulation

    Biden Administration will be crypto’s friend: Circle’s Jeremy Allaire

    The CEO of the USDC stablecoin-issuer predicted President-elect Joe Biden’s administration will see cryptocurrencies as a way to ‘make America more competitive’

    Speaking on CNBC’s Squawk Box on Dec. 7, Allaire said “they will ultimately be supportive because this is an infrastructure change as big as the initial commercial internet. That said, Allaire noted that the administration is facing pressure to regulate cryptocurrencies and Bitcoin more aggressively, from both the left and the right.

  • STABLE Act would destabilize stablecoins
    Cryptocurrencies,  Opinion,  People,  Regulation

    STABLE Act could destabilize stablecoins

    Industry leaders say the proposed legislation would cripple innovation by subjecting the fiat-backed cryptocurrencies to traditional banking regulations

    The Stablecoin Tethering and Bank Licensing Enforcement—or STABLE—Act seeks to “protect consumers from the risks posed by emerging digital payment instruments, such as Facebook’s Libra and other Stablecoins currently offered in the market, by regulating their issuance and related commercial activities,” its sponsors said.

  • USDC launches on Solana
    Alt coins

    Circle’s USDC stablecoin launches on the fourth blockchain with Solana partnership

    Circle also announced that its USD Coin will also be involved in three more projects

    Circle chairman and CEO Jeremy Allaire praised the Solana blockchain, saying "decentralized blockchain infrastructure is entering its 3rd generation with blockchains such as Solana, providing speed, efficiency and throughput that rivals most centralized financial market infrastructure."

  • USD Coin coming to Stellar
    Cryptocurrencies

    USD Coin coming to Stellar network

    The addition of the second-largest stablecoin adds an important source of liquidity to the international payments network

    The announcement by Circle and Coinbase’s Centre Consortium makes the Stellar network the third blockchain to offer native support for USDC, joining Algorand and Ethereum.