Circle Shifts Focus to Business, Closes Private Consumer Accounts
Circle, a major stablecoin issuer, to discontinue private consumer accounts, directing attention to institutional and business services amid industry speculation.

Circle, a major stablecoin issuer, to discontinue private consumer accounts, directing attention to institutional and business services amid industry speculation.
Additionally, their jointly operated Centre Consortium will be shut down.
The hacker tweeted about a fake USDC airdrop to compensate holders who held the stablecoin during its depeg.
The firm ends SPAC deal under which it would have become a listed company.
The USDC issuer has started investing funds into its CRF (Circle Reserve Fund) to ensure that holders can redeem their coins when they want.
The passing of an investment proposal brought into question a legal agreement between the organizations and the Merit Circle DAO agreed to a counterproposal that would ensure a settlement.
Demand for stablecoins continues to rise as businesses look to on-chain liquidity to improve their operations.
The entire crypto space felt a negative impact from the failure of the algorithmic stablecoin UST and Terra’s native token, ...
It appears that the rising popularity of Bitcoin and other cryptocurrencies — despite the continuous carnage on the broader crypto ...
The firm previously said its reserves would be in cash and treasuries.