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Category Circle Reserve Fund

Circle Reserve Fund Protects USDC Reserves With $8.7B In Overnight Repo Agreements

Circle Reserve Fund Protects USDC Reserves With $8.7B In Overnight Repo Agreements

Circle Reserve Fund adds $8.7B in overnight repo agreements to USDC reserves, reducing exposure to potential US debt default.
Circle Internet Financial Aids USD Coin Recovery After $13 Billion Drop

Circle Internet Financial Aids USD Coin Recovery After $13 Billion Drop

US banking and regulatory issues cause USD Coin to lose market value. However, Circle Internet Financial Ltd. pledges to cover any shortfall, aidin...
Circle Redeems $2.9B USDC And Strengthens Reserve With BNY Mellon Partnership

Circle Redeems $2.9B USDC And Strengthens Reserve With BNY Mellon Partnership

Circle, the issuer of USDC stablecoin, has announced that it has successfully redeemed $2.9 billion in USDC and minted $0.7 billion in new USDC.