Circle announced its alliance with multinational financial services company Mastercard to promote the use of USDC to facilitate fiat-to-crypto conversions, in an attempt to expand the ability of crypto companies to use digital assets for their clients.
In order to carry out the project, the…
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Jeremy Allaire
US banking regulators approve the use of blockchain to issue payments
One of the independent agencies of the United States Department of the Treasury, called the Office of the Comptroller of the Currency, has ruled through a statement about the use of stablecoins as a mechanism to issue payments in…
USDC will soon be launched on the Algorand blockchain
The Algorand Foundation announced the launch of the new stable currency called USD Coin (USDC), which refers to a Circle and Coinbase joint venture, and will soon be launched on the Algorand (ALGO) blockchain.
Those customers who use the…
Circle could confiscate balances if the US does not stop using Poloniex
In a blog post on December 3, Circle warned US merchants that if they did not stop using the cryptocurrency exchange parent company Poloniex could charge fees to US users and even confiscate their full balances If they don't withdraw their…