NEW YORK — Circle is the cryptocurrency company behind USD Coin, the second-largest so-called “stablecoin” in the crypto industry. Unlike more popular cryptocurrencies like bitcoin, stablecoins are typically backed by gold, government bonds, cash or other assets, and are typically priced on a 1:1 ratio with the U.S. dollar. More...
Los Angeles, USA,- The Cryptocurrency Payment Apps Market research report examines the market in precise detail during the anticipated period. The research is split into sections, each of which incorporates a market trend and alter analysis. Drivers, limits, possibilities, and hurdles, in addition because the impact of various aspects on the...
Circle Internet Financial announced on Thursday that it plans to launch a Euro stablecoin (EUROC), by the end of the month, backed by the single European currency. The launch is part of efforts by the issuer of the stablecoin USD Coin (USDC) to fulfil user demand and embrace competition as rivals such...
Circle, the issuer of the second-largest stablecoin USDC, plans to launch a Euro-backed stablecoin on June 30 on the Ethereum blockchain. However, the EUROC digital currency will be launched from the United States. The digital currency will be backed by euro-denominated reserves held within the U.S. regulatory perimeter, beginning with Silvergate Bank....
