USDC Stablecoin Redemption Amounts to $6 Billion, Circle Reports
According to data from the analytical platform CryptoCompare, users are actively redeeming USD Coin (USDC) to Circle, with a total of $6 billion worth of stablecoins exchanged for fiat. Although Circle, the issuer of USDC, claims to fulfill all withdrawal requests promptly, representatives from t ...
Circle Urges US Congress to Develop Stablecoin Regulations
Circle, the company behind the popular USDC stablecoin, is urging the US Congress to take swift action in creating regulatory guidelines for stablecoins. Dante Disparte, the director of strategic development at Circle, emphasized that despite constant discussion about the risks associated with st ...