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Mar 13 2023

Circle Partners With Cross River Bank, Handful of US ‘Crypto-Friendly’ Banks Remain; Okcoin Suspends USD Deposits

ACH banking partner banking partners Banking system Bankprov bridge banks Circle Financial Coinbase corporate funds Cross River Bank crypto industry crypto-friendly banks customer funds Customers Bank deposits Evolve Bank & Trust FDIC federal bailout First Foundation Bank Jeremy Allaire Joe Biden Larry Cermak nation new banking partners News OKCoin parity Quontic bank Reassurance scramble Signature Bank silicon valley bank Stablecoin Sutton Bank U.S. exchange U.S. Federal Reserve U.S. president US Dollar USD USDC wire transfers
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Circle Financial, the issuer of the stablecoin USDC, is partnering… More…

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Mar 11 2023

Circle Issues Update Amid Stablecoin Volatility; Firm Is Prepared to ‘Stand Behind USDC and Cover Any Shortfall’

Banking system Blockchain Circle Financial Corporate Resources crypto asset External Capital Failed Institution FDIC issuance Liquidity Market Capitalization Negative Scenario News Ordinary Course parity Public Update Reassurance redemption Reserve Assets Settlement shortfall silicon valley bank Stablecoin Stand Behind Stored-Value Money Transmission Regulation SVB Transactions transfers USD Coin USDC volume
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On Saturday, March 11, 2023, Circle Financial updated the public … More…

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