Coinbase has made the conversion of USDT to USDC available to users without commission, encouraging everyone to switch to a reliable stablecoin from Circle.

SPAC Concord, chaired by former Barclays CEO Bob Diamond, has canceled USDC's Circle acquisition deal worth USD9 billion.

Circle, which owns one of the most popular stablecoins – USDC, has made changes to its financial forecasts due to the automatic conversion of USDC into BUSD stablecoin and the risks after the collapse of FTX, outlining them in a new document for the Securities and Exchange Commission.

Circle and Paxos can now officially conduct transactions with their stablecoins, as well as other digital payment tokens in Singapore.

The euro-backed stablecoin will launch on Solana in the first half of 2023, Circle reported.

On June 30, Circle provided a financial report according to which USDC reserves amounted to $55.7 billion. Of these, $42.12 billion were US…

Circle Internet Financial has announced the launch of a fully reserved stable coin EUROC, which is pegged to the euro.