Search results
Results from the WOW.Com Content Network
Circle (legally Circle Internet Financial Limited) is a peer-to-peer payments technology company that now manages stablecoin USDC, a cryptocurrency the value of which is pegged to the U.S. dollar. It was founded by Jeremy Allaire and Sean Neville in October 2013.
Circle Internet Financial, the company behind stablecoin USDC, said on Thursday that it had confidentially filed for a U.S. initial public offering as part of plans to become a publicly-traded ...
Circle Internet Financial, the company behind stablecoin USDC, is moving its global corporate headquarters from Boston to New York City, after filing confidentially earlier this year for a U.S ...
Circle announced USDC on May 15, 2018, [7] and it was subsequently launched in September of the same year by Centre, a consortium formed through a joint venture between Circle and Coinbase. [ 9 ] On March 29, 2021, Visa announced its support for USDC, enabling the cryptocurrency to be used for selling transactions within its payment network.
Circle Internet Financial has begun moving the reserves for its USDC stablecoin into a dedicated fund set up by BlackRock Inc. and registered with the U.S. Securities and Exchange Commission, the ...
Allaire has said of Circle and Bitcoin, "We want to make this as easy to use as Gmail, Skype, and other consumer services on the Internet today". [16] The company has received over $135 million in venture capital from four rounds of investments from 2013 to 2016, including $50 million led by Goldman Sachs .
Circle is the principal operator of stablecoin USDC and reported a net income of $43 million and nearly $400 million in cash in the third quarter. Earlier valued at $4.5 billion, Boston-based ...
A ticker symbol or stock symbol is an abbreviation used to uniquely identify publicly traded shares of a particular stock or security on a particular stock exchange. Ticker symbols are arrangements of symbols or characters (generally Latin letters or digits) which provide a shorthand for investors to refer to, purchase, and research securities.