Stablecoins gain as bitcoin, ether fall after Russia invades Ukraine
Stablecoins, which are virtual tokens pegged to traditional currencies such as the U.S. dollar, held gains on Thursday in the midst of a sell-off in risk assets such as stocks…
USD Coin
Stablecoins, which are virtual tokens pegged to traditional currencies such as the U.S. dollar, held gains on Thursday in the midst of a sell-off in risk assets such as stocks…
More businesses are expressing interest in accepting cryptocurrency payments and holding digital assets in their strategic reserves.
Circle, the issuer of USDC, announced it was terminating its existing business agreement on February 17. As a result of this, it received a major financial boost. Circle has entered…
USD Coin (USDC) issued by Circle Inc is the second-largest stablecoin by market capitalization. It achieved significant milestones over the years.
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and…
Circle has agreed to new SPAC deal terms with Concord Acquisition Corp.
The start of 2022 has seen SPAC mergers called off and the valuation of some deals lowered. On Thursday, a previously announced SPAC merger announced an increased valuation.
Circle was valued at $4.5 billion in its initial agreement with Concord Acquisition Corp. in July 2021.
Circle aims to go public by December this year, currently valued at $9 billion, up 100% since July 2021.
Cathie Wood led Ark Investment Management on Tuesday raised its exposure in Concord Acquisition Corp (NYSE: CND), a black-check firm that is expected to take blockchain-focused payments company Circle public…