USDC


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‘Correctly’ Was Wrong: Circle’s Accountant Tweaks Fine Print of USDC Attestation

Grant Thornton has switched from calling the $52.3 billion stablecoin’s reserve accounts “correctly stated” to the more equivocal “fairly stated.” Here’s why that matters.

Fra Luca Pacioli  (1445-1517) was one of the earliest accountants. (Leemage/Corbis via Getty Images)

Opinion

Why Stablecoin Interest Rates Are So Damn High

Or, why Jeremy Allaire can't stop printing.

(Nerthuz/Getty Images)

Markets

Circle’s USDC Stablecoin Hits $50B in Circulation

The company published its latest attestation report, giving more details about its assets.

Chart showing the growth of USDC supply. (Circle)

Finance

Crypto Donations to Ukraine Jump to $20M

FTX founder Sam Bankman-Fried and Chain.com CEO Deepak Thapliyal have contributed.

Ukranian Flag (Getty Images)

Finance

Lehman Brothers Bargain Hunter Bob Diamond Now Paying Up for Crypto

Diamond’s SPAC Concord is now valuing stablecoin issuer Circle at $9 billion, twice the initial valuation.

Concord Chairman Bob Diamond (Joshua Roberts/Bloomberg via Getty Images)

Finance

USDC Stablecoin Backer Circle Doubles in Value to $9B in New Deal With SPAC

Circle was valued at $4.5 billion in its initial agreement with Concord Acquisition Corp. in July 2021.

Circle CEO Jeremy Allaire. (CoinDesk screenshot)

Finance

‘Pay’ Product Looks to Boost Stablecoin Payments on Solana

Can Solana Labs’ open-source payment plug-in pick up where the Bitcoin white paper left off?

Solana's Breakpoint came at the market's previous zenith (Zack Seward/CoinDesk)

Markets

Stablecoins Won Crypto Markets in January – With 0% Returns

The coins showed the highest returns among the largest cryptocurrencies in January just by holding their peg to the U.S. dollar.

winner

Finance

Flow Blockchain Gets Circle’s Full USDC Treatment

The move is a bet on where the next wave of growth is going to be, said Dapper Labs co-founder Mik Naayem. It is USDC’s eighth chain.

Dapper Labs CEO Roham Gharegozlou