Finance

Circle Partners With New York Community Bancorp — Bank to Custody USDC Reserves

Coins Legend June 29, 2022 0

Circle Internet Financial has revealed a usd coin custody partnership with the American bank holding company New York Community Bancorp (NYCB). Under the agreement, NYCB’s subsidiary, New York Community Bank, will become a custodian for the company’s stablecoin reserves. Circle Partners With

Altcoins

Circle Launches Second Major Stablecoin Backed 1:1 by the Euro

Coins Legend June 16, 2022 0

On Thursday, Circle’s CEO Jeremy Allaire announced that the company has launched a new stablecoin pegged to the value of the euro (EUR). Allaire said that the new EUROC token is now live on the Ethereum network and will be “available to mint and redeem on June 30th.” Circle Launches EUROC Circle has announced the […]

Altcoins

Circle Announces the Stablecoin USDC Is Now Supported by the Polygon Network

Coins Legend June 8, 2022 0

Circle, the issuer of the stablecoin usd coin (USDC), announced that the project is now supported on the Polygon network. The stablecoin with the second-largest market capitalization can now be withdrawn via a Circle Account and Circle APIs without the need for manual cross-chain bridge technology. Circle Reveals Polygon-Supported USDC Circle has revealed that usd […]

Altcoins

Circle to Issue Weekly USDC Reserve Reports — Tether Publishes May 2022 Assurance Report

Coins Legend May 22, 2022 0

The co-founder and CEO of Circle, Jeremy Allaire, has announced the cryptocurrency firm that issues the stablecoin usd coin plans to provide the public with weekly stablecoin reserve reports. Additionally, the company Tether has also released an assurance report on its stablecoin reserves via the Cayman Islands auditing company MHA Cayman. Circle CEO Says Firm’s […]

News

Circle Chooses BNY Mellon to Custody USDC Reserves

Coins Legend April 1, 2022 0

Boston-based Circle Internet Financial has announced the company has selected BNY Mellon to custody the firm’s usd coin (USDC) reserves. The company’s dollar-pegged crypto asset is currently the second-largest stablecoin with a current market capitalization of $51.6 billion. BNY Mellon to Become USDC’s Primary Custodian Circle has chosen America’s oldest investment bank to