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Circle denies plans to become a bank, focuses on aligning with stablecoin regulations

Circle denies plans to become a bank, focuses on aligning with stablecoin regulations

Circle, the issuer behind the USDC stablecoin, has firmly denied rumors suggesting it plans to apply for a US banking license. The firm’s Chief Str...
Is Circle Becoming a Bank? CSO Slams Rumors, Demands Stablecoin Law

Is Circle Becoming a Bank? CSO Slams Rumors, Demands Stablecoin Law

Circle, issuer of USDC, has clarified it does not intend to become an insured bank but expects to obey any future U.S. stablecoin statute, potentia...
House Financial Services Committee Advances Stablecoin Regulation Bill

House Financial Services Committee Advances Stablecoin Regulation Bill

The U.S. House Financial Services Committee has voted to advance a new bill aimed at regulating stablecoins. The post House Financial Services Comm...
USDC and EURC Gain Dubai’s Nod: What This Means for Crypto Markets

USDC and EURC Gain Dubai’s Nod: What This Means for Crypto Markets

USDC has, at the time of writing, received official approval from Dubai’s financial regulators, marking a pivotal milestone…
USDC Circulation Grew 78% in 2024: Report

USDC Circulation Grew 78% in 2024: Report

Despite growth, USDC trails USDT, which ended 2024 with a $137.5 billion market cap, dominating 66% of the stablecoin sector.