Jeremy Allaire

Stablecoin USD Coin (CRYPTO: USDC), issued by Circle, is gradually returning to its $1 peg, after a tumultuous weekend, after CEO Jeremy Allaire confirmed that Circle's reserves are secure and the firm has found new banking partners who will be operational on Monday. USDC's value has risen...

Jeremy Allaire, CEO and co-founder of Circle, on Sunday thanked the U.S. government and financial regulators for their decisive action to address the risks associated with the fractional banking system.  What Happened: Circle’s USD Coin (CRYPTO: USDC) is climbing back to its $1...

The Securities and Exchange Commission is not the regulator for stablecoins, according to Jeremy Allaire, CEO and founder of Circle Internet Financial Ltd.  What Happened: In an interview with Bloomberg on Thursday, Allaire aired his views on the SEC and its recent moves to regulate the...

The board of both Circle Internet Financial and Concord Acquisition Corp. (NYSE: CND) have agreed that the stablecoin provider Circle would no longer be publicly listed. The joint decision was announced by both companies on Monday. Circle had been considering a merger with Concord Acquisition, a...

Jeremy Allaire, co-founder and CEO of Circle, said USD Coin (CRYPTO: USDC) stablecoin is unaffected by the crypto exchange FTX’s native token (CRYPTO: FTT) crisis.  What Happened: Allaire took to Twitter to share his thoughts on the Binance-FTX ...

Jeremy Allaire, co-founder and CEO of global fintech firm Circle, refuted rumors of a potential USDC (CRYPTO: USDC) collapse. What Happened: Following the recent crypto market crash, Allaire addressed the USDC’s potential de-peg in a series of tweets on July 2. It is "understandable why...

This article was originally published in April 2022.  Rising costs are driving investors to rethink where to put their money. Interest rates are rising, but the rates you can get at your local bank are still not very attractive.  Circle, a peer-to-peer digital payments company, allows...

Global internet finance company Circle, which is set to go public via SPAC merger later this year, on Tuesday announced a funding round led by BlackRock. What Happened: Circle entered into an agreement for a $400 million funding round with investments from...

A European parliamentary committee is slated to hold a vote on the final version of the draft on Cryptocurrency assets on Monday.  According to the draft for the new law, crypto-assets issued and/or traded in the EU “shall be subject to minimum environmental sustainability standards and...

WonderFi Technologies Inc (NEO: WNDR), a platform providing the masses exposure to a finance model that replicates market-making, borrowing, lending and exchanging without expensive institutional middlemen, announced a collaboration with Circle Internet Financial, a global tech firm specializing in...

A leading digital currency company that created the USD Coin announced a SPAC merger Thursday morning. The SPAC Deal: Circle announced a SPAC merger with Concord Acquisition Corp (NYSE: CND) valuing the company at $4.5 billion. A PIPE of $415 million is included as part of the SPAC merger and...

The cryptocurrency Bitcoin jumped nearly 10% and traded above the $11,000 mark Monday in part due to macro events in China, according to Circle CEO Jeremy Allaire. What Happened Bitcoin's surge is "very clearly" related to the currency conflicts and trade wars that dominated Monday...

Bitcoin’s whiplash-inducing volatility continued this week when the cryptocurrency surged to new two-year highs on Monday before plunging 10 percent the following day. One of the major drivers of Bitcoin’s recent rise has been demand from China. A group of Chinese companies, including...