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Circle CEO Defends USDC Freeze Policy Amid Drift Hack Criticism

Circle CEO Jeremy Allaire defended the company's policy of freezing USDC wallets only under legal orders during a press conference in Seoul. The statement...

Circle Partners With Upbit to Integrate USDC in South Korea’s Regulated Market

Circle, issuer of the USDC stablecoin, has signed a memorandum of understanding with Dunamu, operator of South Korea's Upbit exchange. The partnership aims to...

Circle Mints 250M USDC on Solana as 30-Day Issuance Hits $10.5B

Circle has issued another 250 million USDC, bringing its total issuance on the Solana blockchain to $10.5 billion over the past 30 days. This...

Circle: We Can’t Freeze USDC Without Legal Orders Amid Drift Exploit Scrutiny

Circle has clarified that it cannot unilaterally freeze USDC without a legal order, responding to recent criticism over its handling of funds tied to...

Circle Mints $3 Billion USDC in 4 Days: $750M Daily Average

Circle has minted $3 billion worth of its USD Coin (USDC) stablecoin over four days, averaging $750 million in daily issuance. Analysts state this...

Report Alleges $420M USDC Compliance Lapses, Questions Circle’s Controls

A new on-chain report alleges over $420 million in compliance lapses involving the USDC stablecoin since 2022. The findings question the effectiveness of Circle's...

Toobit Offers 30% APR On USDC Fixed Earn In Short-Term Yield

Cryptocurrency exchange Toobit has announced a short-term high-yield opportunity for the stablecoin USDC. Beginning April 7, the platform will offer a 30% annual percentage...

Circle Unfreezes Single USDC Wallet After Broad Freeze Draws Scrutiny

Stablecoin issuer Circle has unfrozen one of 16 wallets it targeted in a controversial enforcement action earlier this week. On-chain investigator ZachXBT revealed the...

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