Global #Circle

In a major development for the payment industry, Circle’s CEO, Jeremy Allaire, has announced that the company is preparing to implement ‘tap-and-go’ payments with USDC on iPhones.

As the 2024 U.S. presidential race heats up, cryptocurrency is becoming a crucial issue for major candidates. Recently, Circle, a leading player in the digital assets sector, unveiled a new risk-based capital framework for stablecoins, underscoring the increasing need for clear and effective regulation in this rapidly evolving industry.

Circle, a major player in the stablecoin market, has taken a significant step towards solidifying its presence in Europe with the launch of its euro-backed stablecoin, EURC, on the layer-2 network Base.

Circle, a stablecoin issuer, intends to shift its legal headquarters from the Republic of Ireland to the United States. According to a report from Bloomberg on Wednesday, the company has filed court documents for this relocation.

In response to a perceived lack of worldwide clarity on stablecoin regulations, the two biggest digital dollar suppliers have taken different approaches. Circle is appealing to US lawmakers for assistance, while Tether is going after fraud and money laundering head-on.

According to Nick van Eck, the Agora digital dollar won't be accessible in the US until comprehensive legislation has been implemented.