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Circle Rebalances its Treasury Holdings as Risk of US Default Looms
Circle no longer holds Treasuries maturing beyond early June.
May 11, 2023Xapo is Now First Fully Licensed Bank to Offer USDC Withdrawals and Deposits
Xapo will now allow USDC deposits and withdrawals and offer a 4.1% interest rate on the deposits.
March 22, 2023Is USDC Really at Risk? A Deep Dive into Reserves
After hitting an all-time low of around $0.8774 on Saturday, USDC quickly started recovering, surging to above $0.91.
March 11, 2023Circle Plans to Hire More in 2023, Boost Workforce by 25%
USDC issuer Circle said it plans to hire 135 to 255 additional employees in 2023 as part of its expansion strategy.
February 22, 2023Circle Denies Receiving Wells Notice as Rumors of SEC Crusade Engulf Twitter
After a post claiming that Circle, along with multiple other stablecoin issuers, received warnings from the SEC, the company’s CSO spoke out denying the rumor.
February 14, 2023