Circle (company)

HTX: HTX and Poloniex Launch Poloniex P2P to Build an Open and Diverse Crypto Market

Retrieved on: 
Tuesday, October 17, 2023

Singapore — October 13, 2023 — HTX announced the launch of Poloniex P2P trading service in a strategic cooperation with Poloniex to build an open and diverse crypto market with access to more than 20 cryptocurrencies.

Key Points: 
  • Singapore — October 13, 2023 — HTX announced the launch of Poloniex P2P trading service in a strategic cooperation with Poloniex to build an open and diverse crypto market with access to more than 20 cryptocurrencies.
  • P2P trading is a peer-to-peer market that allows users to buy and sell digital assets directly without an intermediary.
  • In terms of trading experience, Poloniex P2P stands out for its exceptional user-friendliness, facilitating rapid crypto transactions with ease.
  • Together, they are dedicated to shaping an open and inclusive cryptocurrency market, with an emphasis on long-term industry value.

Mauve Selects USDC and EURC as Exclusive Stablecoins on Newly Launched Platform

Retrieved on: 
Monday, October 2, 2023

As Real World Assets are denominated in fiat currencies, stablecoins take on a central role in trading them on-chain.

Key Points: 
  • As Real World Assets are denominated in fiat currencies, stablecoins take on a central role in trading them on-chain.
  • The Mauve team wanted to partner with a stablecoin issuer that shares their commitment to trust, transparency, and compliance, and selected Circle's USDC and EURC as the exclusive stablecoins on Mauve.
  • USDC and EuroCoin meet our anti-money laundering standards and are the most transparent stablecoins in the market."
  • "We are excited to announce our integration with @Circle's $USDC and $EURC to help build the compliant future of #DeFi and on-chain finance.

Circle and Junior Achievement of Northern California Launch Digital Financial Literacy Curriculum

Retrieved on: 
Thursday, August 3, 2023

Circle Internet Financial , a global fintech firm and issuer of USDC, and Junior Achievement (JA) of Northern California , a renowned non-profit organization dedicated to equipping young people with skills for economic success, announced today the launch of the Digital Financial Literacy Curriculum in the Bay Area.

Key Points: 
  • Circle Internet Financial , a global fintech firm and issuer of USDC, and Junior Achievement (JA) of Northern California , a renowned non-profit organization dedicated to equipping young people with skills for economic success, announced today the launch of the Digital Financial Literacy Curriculum in the Bay Area.
  • View the full release here: https://www.businesswire.com/news/home/20230803892278/en/
    Both Circle and JA of Northern California are committed to expanding the reach of financial education and preparing students to succeed in a global economy.
  • With the help of JA of Northern California, Circle has developed the Digital Financial Literacy Curriculum, a two-part program divided into lessons on the history and evolution of money, bitcoin, blockchain, NFTs, and stablecoins.
  • That’s transformational.”
    The Digital Financial Literacy Curriculum will be available to students throughout Northern California.

Circle Appoints Financial Risk Management Leader Craig Broderick to Board of Directors

Retrieved on: 
Thursday, June 29, 2023

BOSTON, June 29, 2023 /PRNewswire/ -- Circle Internet Financial , a global fintech firm and issuer of USDC, today announced Craig Broderick joins its Board of Directors.

Key Points: 
  • BOSTON, June 29, 2023 /PRNewswire/ -- Circle Internet Financial , a global fintech firm and issuer of USDC, today announced Craig Broderick joins its Board of Directors.
  • Mr. Broderick brings over three decades of experience as a former risk management executive at Goldman Sachs and serves as a prominent advisor for leading financial institutions.
  • "Strong risk management is essential to Circle's efforts to make USDC the safest, most trusted and transparent digital dollar on the internet," said Jeremy Allaire, CEO and Co-Founder of Circle.
  • Broderick shares his risk management expertise as Chair of the Board Risk Committee for the Bank of Montreal and McDermott International.

Circle Names Heath Tarbert Chief Legal Officer & Head of Corporate Affairs

Retrieved on: 
Thursday, June 8, 2023

BOSTON, June 8, 2023 /PRNewswire/ -- Today, Circle Internet Financial, a global fintech firm and issuer of USDC, announced that Heath Tarbert has been named chief legal officer and head of corporate affairs effective July 1, 2023. Tarbert will join the executive leadership team as the company continues pursuing its global growth strategy.

Key Points: 
  • Tarbert brings decades of experience from all three branches of U.S. government, international leadership posts and private sector firms to Circle
    BOSTON, June 8, 2023 /PRNewswire/ -- Today, Circle Internet Financial , a global fintech firm and issuer of USDC, announced that Heath Tarbert has been named chief legal officer and head of corporate affairs effective July 1, 2023.
  • Tarbert will join the executive leadership team as the company continues pursuing its global growth strategy.
  • Tarbert was previously chief legal officer at Citadel Securities and succeeds Flavia Naves, general counsel at Circle.
  • Circle is among several of Tarbert's esteemed private sector posts, including as head of the bank regulatory practice of international law firm Allen & Overy.

Circle Singapore Obtained Major Payment Institution (MPI) License

Retrieved on: 
Wednesday, June 7, 2023

Ltd. (Circle Singapore), an affiliate of Circle Internet Financial, LLC (Circle), has obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS).

Key Points: 
  • Ltd. (Circle Singapore), an affiliate of Circle Internet Financial, LLC (Circle), has obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS).
  • The license allows Circle Singapore to offer digital payment token services, alongside cross-border money transfer services and domestic money transfer services in the city-state via its various products and services, including the Circle Account, which allows institutional customers access to USDC.
  • Circle Singapore's receipt of the MPI license from MAS underscores Circle's strong reputation as a responsible digital financial technology company.
  • In November 2022, Circle Singapore received In-Principle Approval as a Major Payment Institution License holder from MAS and Circle identified Singapore as its principal hub in Asia to service its growing business in the region.

Financial Institutions Join Avalanche Evergreen Subnet, ‘Spruce’, to Drive On-Chain Finance Innovation

Retrieved on: 
Wednesday, April 12, 2023

The Spruce testnet is meant to enable buy- and sell-side institutions to engage with public blockchain infrastructure in a low-risk, low barrier-to-entry manner.

Key Points: 
  • The Spruce testnet is meant to enable buy- and sell-side institutions to engage with public blockchain infrastructure in a low-risk, low barrier-to-entry manner.
  • “Avalanche Spruce provides an opportunity to further explore the potential efficiencies and benefits of on-chain trading and settlement with other financial institutions.
  • We see Spruce, and more broadly, Avalanche Evergreen subnets, as a meaningful step in exploring the possibilities of digital finance.”
    Spruce is a type of Evergreen Subnet for institutional blockchain deployments.
  • Ultimately, Spruce and the Evergreen Subnets aim to address many of the issues with permissioned DeFi precluding broader institutional adoption of public blockchain infrastructure.

Circle Partners with Leading Minority-owned Bank, Citizens Trust Bank to Hold USDC Reserves and Collaborate on Financial Inclusion and Digital Financial Literacy

Retrieved on: 
Friday, February 24, 2023

BOSTON and ATLANTA, Feb. 24, 2023 /PRNewswire/ -- Today, Circle Internet Financial , a global digital financial technology firm and the issuer of USD Coin (USDC), has announced that Citizens Trust Bank will hold $65 million in USDC cash reserves.

Key Points: 
  • BOSTON and ATLANTA, Feb. 24, 2023 /PRNewswire/ -- Today, Circle Internet Financial , a global digital financial technology firm and the issuer of USD Coin (USDC), has announced that Citizens Trust Bank will hold $65 million in USDC cash reserves.
  • We are anxious to support their strategic drive to $1B deposits and help drive financial inclusion and digital financial literacy in Atlanta."
  • Together, Circle and Citizens Trust Bank plan to extend their collaboration to the greater Atlanta community, working on financial inclusion and digital financial literacy initiatives for their customers.
  • "Citizens Trust Bank is extremely proud to partner with Circle, and we applaud their commitment to financial inclusion and digital financial literacy.

Xavier University of Louisiana Business Students Complete Circle U: Digital Financial Literacy Pilot

Retrieved on: 
Thursday, February 23, 2023

NEW ORLEANS, Feb. 23, 2023 /PRNewswire/ -- In partnership with Xavier University of Louisiana, Circle Internet Financial celebrates 55 students who completed Circle's Circle U: Digital Financial Literacy pilot.

Key Points: 
  • NEW ORLEANS, Feb. 23, 2023 /PRNewswire/ -- In partnership with Xavier University of Louisiana, Circle Internet Financial celebrates 55 students who completed Circle's Circle U: Digital Financial Literacy pilot.
  • Circle U, a component of the Circle Impact pilot program promoting digital financial literacy in underserved and marginalized communities, provides a comprehensive overview of blockchain-based financial services and e-learnings and micro-learnings covering timely topics.
  • "Circle U is greatly beneficial to Xavier students and is a great program not only for business students, but any students interested in learning about cryptocurrency and blockchain," said Kenson Barnes, a senior at Xavier University of Louisiana studying business management.
  • Circle U is provided as a pilot to HBCUs through Circle Impact, Circle's initiative to focus on financial inclusion, digital financial literacy and humanitarian aid distribution via blockchain technology.

Circle Names Tech Industry Veteran Brian Christman as New Chief People Officer

Retrieved on: 
Tuesday, January 24, 2023

Christman comes to Circle from Transfix, a supply chain technology company, where he led all aspects of people and workplace strategy and operations as Chief People Officer.

Key Points: 
  • Christman comes to Circle from Transfix, a supply chain technology company, where he led all aspects of people and workplace strategy and operations as Chief People Officer.
  • "Circle has strategically cultivated its workforce to meet the demands of our customers and realize our urgent mission," said Elisabeth Carpenter, Chief Operating Officer at Circle.
  • "I am passionate about technology and the positive impact it can have on people's lives when delivered at scale," said Mr. Christman, Chief People Officer at Circle.
  • Recently, Mr. Christman and his Transfix team received the "Team of the Year" award from Ragan's Platinum HR Awards.