Circle
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Circle Issued and Redeemed 700 Million and 1.1 Billion USDCs, Respectively, in the Past Week
According to reports, from April 20th to April 27th, Circle issued approximately 700 million USDCs and redeemed approximately 1.1 billion USDCs, resulting in a decrease of approxim
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Circle’s USDCs: An Overview of Recent Activity
According to reports, from April 20th to April 27th, Circle issued approximately 700 million USDCs and redeemed approximately 1.1 billion USDCs, resulting in a decrease of approxim
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In-depth Analysis of Circle’s EU Policy Leader and the Future of Digital Euros and German Currencies
According to reports, Patrick Hansen, the EU policy leader of Circle, stated on social media that he had the privilege of attending a roundtable on the future of digital euros and
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Circle Launches Cross-Chain Transfer Protocol to Solve Web3 Ecological Fragmentation
According to reports, Circle has announced the launch of a main network protocol that allows users to transfer USDC between Ethereum and Avalanche. The Circle team said in the anno
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Overnight updates on April 24th at a glance
21:00-7:00 Keywords: Arbitrum, ARK Fund, Circle, Celsius
Overnight updates on April 24th at a glance
I. Introduction – Explanation of the topic – Brief introduction of the keywords -
Tether, Yuga, Circle, and Smart Money: Navigating the Cryptocurrency Market During Non-Trading Hours
21:00-7:00 Keywords: Tether, Yuga, Circle, Smart Money
Overnight updates on April 23rd at a glance
IntroductionCryptocurrencies have revolutionized the financial industry in unprec -
Circle Announces Official Account for Developer Community on Twitter
It is reported that Circle, the issuer of USDC, announced on social media that it has opened an official account for its developer community on Twitter, and continues to provide su
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Fractal Protocol Raises $6M in Seed Funding Round Led by Hack VC
According to reports, DeFi infrastructure service provider Fractal Protocol has completed a seed round financing of $6 million, led by Hack VC, with participation from 6MV, Archety
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Circle Partners with Tribe to Launch Circle Hacker House in Singapore
According to reports, Circle, the issuer of the US dollar stable currency, announced a partnership with Singapore\’s first government supported blockchain ecosystem builder, Tribe,
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The Rise and Fall of USDC Circulation: Circle’s $600 Million Issuance and $2.5 Billion Redemption in 7 Days
According to reports, according to official data, Circle has issued a total of $600 million in USDC and redeemed $2.5 billion in USDC over the past 7 days, resulting in a decrease
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Circle’s Developer Dashboard: A Comprehensive Guide
On April 4th, Circle announced that a developer dashboard was provided in Circle Account for developers to manage integration with Circle. The developer dashboard currently include
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Circle Issues and Redeems $600 Million in USDCs in the Past Week
According to reports, according to official data, in the past seven days, Circle has issued a total of $600 million in USDCs and redeemed $2.5 billion in USDCs, reducing circulatio
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Explaining the Recent Fall in the Market Value of USDC
It is reported that as the market value of the stable currency USDC has fallen to about $32.5 billion, and has fallen by about $10 billion in the past two weeks, USDC continues to
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Voyager Transfers 150 Million USDCs into Circle: A Look at the Latest Crypto News
According to reports, according to Lookonchain monitoring, six hours ago, Voyager transferred 150 million USDCs into Circle to obtain USD cash. The two addresses of Voyager have re
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The USDC Reserve: Understanding Circle’s Management Method
On March 29th, Circle disclosed in a blog post \”the structure and management method of the USDC reserve.\”. According to the article, about 80% of the USDC reserves are short-term U
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Fidelity, CFTC Chairman, Circle, and Galaxy Digital: A Look into the Future of Cryptocurrencies
12:00-21:00 Keywords: Fidelity, CFTC Chairman, Circle, Galaxy Digital
Overview of important developments on the evening of March 28th
Cryptocurrencies have been at the forefront of -
Introduction
On March 28th, the Cosmos Ecotoken Protocol Noble partnered with Circle to introduce native USDCs into the Cosmos and Inter Blockchain Communication (IBC) ecosystem. In an intervie
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#USDC: Understanding Circle’s Stablecoin Redemption Actions
According to official data, from March 17 to March 24, Circle issued a total of $500 million in USDCs and redeemed $2.6 billion in USDCs, resulting in a decrease in circulation of
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Circle Joins Efforts with LOT Network to Protect against Patent Lawsuits
According to reports, stable currency issuer Circle has joined the LOT Network, a non-profit organization that aims to prevent patent hooligans, to protect it from patent lawsuits.
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Circle’s Chief Strategy Officer’s Twitter Account Hacked by Scammer – All You Need To Know
According to reports, Circle reported on social media that its Chief Strategy Officer Twitter account (@ ddisparte) had been taken over by a scammer. Any quote link is a scam. We a
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Circle has destroyed approximately $12.2 billion of USDCs this month
On March 22, it was reported that even though Circle, the issuer of stable currency issued by USDC, withdrew its deposits trapped in a bank in Silicon Valley, customers continued t
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OUTLINE
12:00-21:00 Keywords: Australia, Circle, OP3N, non zero address
Overview of important developments in the evening of March 21st
I. Introduction A. Explanation of 12:00-21:00 time -
Circle Announces Plans to Establish European Headquarters in Paris for Its Euro Stable Currency
According to reports, Jeremy Allaire, CEO of Circle, the publisher of USDC, said that Cirlce\’s European headquarters planned to be established in Paris because of its encryption fr
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Stable currency issuer Circle applies for a French encryption license
It is reported that the stable currency issuer Circle has applied for a French crypto asset license as part of its European growth strategy. \”The Boston based company has applied t
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#Coinbase Provides Immediate Credit to Circle After SVB’s Bankruptcy
It is reported that Coinbase provided Circle with an immediate credit line of approximately $3 billion after SVB\’s bankruptcy to ensure the full liquidity of USDC reserves and ensu
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Circle’s USDC Redemption and Decrease in Circulation
According to the official data of Circle, from March 10 to March 17, Circle issued a total of 2.2 billion USD of USDCs and redeemed 8.7 billion USD of USDCs, resulting in a decrease in circulation of approximately 6.5 billion USD. As of March 17, the total circulation of USDC was US $36.9 billion, and the reserve was US $37.1 billion, including US $8.1 billion in cash and US $29 billion in short-term US treasury bond bonds. USDC circulation decreased by $6.5 billion in the past week Analysis based on this information:Circle, a cryptocurrency exchange platform that issues the USDC stablecoin, has reported a significant decrease in the circulation of the USDC stablecoin. From March 10 to March 17, Circle issued a total of 2.2 billion USD worth of USDCs, whereas it redeemed 8.7 billion USD of USDCs, resulting in a net decrease of approximately 6.5 billion USD in circulation. The decrease in USDC circulation can be partially attributed to…