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📉 Data: Circle's USDC total circulation and reserves are both $55.7B, with a $2.6B increase in circulation over the past 7 days.
#USDC #Circle #Stablecoin
#USDC #Circle #Stablecoin
E Money Network unveils a partnership with Circle
#EMoneyNetwork partners with #Circle and joins Circle Alliance Program. Through this partnership, E Money Network expanding $USDC and EURC partnerships and integrations into its BankFi infrastructure, enhancing real-world use cases for the E Money Card and IBAN-linked services.
E Money Network is a MiCA-compliant modular blockchain designed for seamless integration between #DeFi 2.0 and #RWA tokenization, creating a network that effectively bridges the liquidity gap between Web2 and #Web3 .
👉 x.com/emoney_network/status/1887134112798146579
#EMoneyNetwork partners with #Circle and joins Circle Alliance Program. Through this partnership, E Money Network expanding $USDC and EURC partnerships and integrations into its BankFi infrastructure, enhancing real-world use cases for the E Money Card and IBAN-linked services.
E Money Network is a MiCA-compliant modular blockchain designed for seamless integration between #DeFi 2.0 and #RWA tokenization, creating a network that effectively bridges the liquidity gap between Web2 and #Web3 .
👉 x.com/emoney_network/status/1887134112798146579
Binance teams up with Circle, the issuer of the USDC stablecoin, to make it even easier to use. 🔗 This strategic partnership enables fast, stable, and accessible transactions for everyone. ⚡ Perfect for payments or exchanges, USDC is gaining even more reliability thanks to this collaboration. ✅ A major step forward to democratize stablecoins and strengthen their role in the cryptocurrency ecosystem. 🌍
#USDC #Circle #Binance #stablecoin
#USDC #Circle #Binance #stablecoin
🚨BINANCE AND CIRCLE’S USDC FLEX IS ABOUT TO CHANGE THE GAME 🎯 💰🚀$BNB
Binance and Circle just dropped the hottest collab in stablecoin history!
Binance is about to flood its platform with USDC—more trading pairs, more promos, and they’re even putting it in their corporate treasury.
Circle’s bringing the liquidity and tech, plus helping Binance snag global finance deals.
They’re making moves at Abu Dhabi Finance Week, and this could be the start of something massive.
Stablecoins are the future, and this partnership is the first step to worldwide domination.
Source: Cointelegraph
#Binance #Circle #USDC
Binance and Circle just dropped the hottest collab in stablecoin history!
Binance is about to flood its platform with USDC—more trading pairs, more promos, and they’re even putting it in their corporate treasury.
Circle’s bringing the liquidity and tech, plus helping Binance snag global finance deals.
They’re making moves at Abu Dhabi Finance Week, and this could be the start of something massive.
Stablecoins are the future, and this partnership is the first step to worldwide domination.
Source: Cointelegraph
#Binance #Circle #USDC
BREAKING NEWS: Circle và Binance đã ký kết quan hệ đối tác chiến lược
Hôm nay, Giám đốc điều hành Binance @Richard Teng và Giám đốc điều hành Cirlce @Jeremy Allaire đã cùng nhau xuất hiện trên sân khấu tại Tuần lễ Tài chính Abu Dubai để công bố quan hệ đối tác chiến lược mới mang tính đột phá của thị trường tiền diện tử.
Thông qua quan hệ đối tác này, #Binanace sẽ cung cấp USDC rộng rãi hơn trên toàn bộ bộ sản phẩm và dịch vụ của mình, đảm bảo rằng hơn 240 triệu người dùng toàn cầu của họ có thể truy cập và sử dụng USDC một cách liền mạch cho các ứng dụng giao dịch, tiết kiệm và thanh toán.
Bên cạnh đó, Binance sẽ áp dụng $USDC 💵 như một stablecoin đô la quan trọng cho kho bạc doanh nghiệp của riêng họ, chứng minh rằng một trong những hoạt động kho bạc trên chuỗi phức tạp nhất là đặt trọn niềm tin vào USDC như một đồng đô la kỹ thuật số để lưu trữ và di chuyển giá trị.
Thông qua sự hợp tác của này, #Circle sẽ cung cấp cho Binance một loạt công nghệ, tính thanh khoản và các công cụ khác để người dùng Binance được hưởng lợi từ sự tin tưởng và đổi mới mà Circle đã xây dựng cho $USDC
Các bạn đánh giá sao về sự hợp tác này? Liệu vị thế của USDT và Tether có bị lung lay? Cùng chia sẻ suy nghĩ dưới comment nhé!
- Follow @Ghost Writer để cập nhật những tin tức mới nhất về thị trường Crypto
#USDC✅
Thông qua quan hệ đối tác này, #Binanace sẽ cung cấp USDC rộng rãi hơn trên toàn bộ bộ sản phẩm và dịch vụ của mình, đảm bảo rằng hơn 240 triệu người dùng toàn cầu của họ có thể truy cập và sử dụng USDC một cách liền mạch cho các ứng dụng giao dịch, tiết kiệm và thanh toán.
Bên cạnh đó, Binance sẽ áp dụng $USDC 💵 như một stablecoin đô la quan trọng cho kho bạc doanh nghiệp của riêng họ, chứng minh rằng một trong những hoạt động kho bạc trên chuỗi phức tạp nhất là đặt trọn niềm tin vào USDC như một đồng đô la kỹ thuật số để lưu trữ và di chuyển giá trị.
Thông qua sự hợp tác của này, #Circle sẽ cung cấp cho Binance một loạt công nghệ, tính thanh khoản và các công cụ khác để người dùng Binance được hưởng lợi từ sự tin tưởng và đổi mới mà Circle đã xây dựng cho $USDC
Các bạn đánh giá sao về sự hợp tác này? Liệu vị thế của USDT và Tether có bị lung lay? Cùng chia sẻ suy nghĩ dưới comment nhé!
- Follow @Ghost Writer để cập nhật những tin tức mới nhất về thị trường Crypto
#USDC✅
Circle Launches Payment Solution Paymaster On Ethereum Arbitrum & Base
Circle, a peer-to-peer payments company, recently announced the launch of Circle Paymaster, a strategic stablecoin payments solution.
According to the platform’s official blog post, Circle Paymaster facilitates gas fee payments in USDC on Ethereum-based Arbitrum and Base.
Notably, Paymaster provides a seamless transaction experience for users, eliminating the need for native tokens like Ethereum (ETH).
The use of USD Coin (USDC) for gas fee payments demonstrates the growing adoption of stablecoins as a reliable alternative to highly volatile cryptocurrencies.
Circle Launches Stablecoin Payment Solution Paymaster
In a strategic development, Circle unveiled Paymaster as a strategic solution for gas fee payments.
Paymaster is now live on Ethereum’s Arbitrum and Base, offering clients the option to pay gas fees with Circle’s USDC instead of the native ETH.
Circle wrote in an official X post, “No more juggling tokens across blockchains—simply use USDC for payments, transfers, and gas fees.”
Notably, the move intends to remove the friction caused by the requirement of ETH for the gas fee payments. This prerequisite leads to poor user experience, especially for users who do not hold ETH.
The native token requirement can also cause transaction failures and regulatory challenges.
Thus, Circle’s Paymaster initiative envisions providing a better space, solving a major friction point for onchain transactions.
Paymaster Visions Stablecoin Solution Across Multiple Blockchains
Further, Circle revealed its intention to expand Paymaster services to more blockchain platforms including Ethereum, Polygon PoS, and Solana. The further expansion of the payment solution could foster stablecoin adoption and acceptance.
As per reports, a 10% fee of the gas cost is charged per transaction. However, this fee is temporarily waived until June 30 to promote adoption.
#Circle #CircleIPO #Paymaster #CryptoMarket #CryptoNews
Circle, a peer-to-peer payments company, recently announced the launch of Circle Paymaster, a strategic stablecoin payments solution.
According to the platform’s official blog post, Circle Paymaster facilitates gas fee payments in USDC on Ethereum-based Arbitrum and Base.
Notably, Paymaster provides a seamless transaction experience for users, eliminating the need for native tokens like Ethereum (ETH).
The use of USD Coin (USDC) for gas fee payments demonstrates the growing adoption of stablecoins as a reliable alternative to highly volatile cryptocurrencies.
Circle Launches Stablecoin Payment Solution Paymaster
In a strategic development, Circle unveiled Paymaster as a strategic solution for gas fee payments.
Paymaster is now live on Ethereum’s Arbitrum and Base, offering clients the option to pay gas fees with Circle’s USDC instead of the native ETH.
Circle wrote in an official X post, “No more juggling tokens across blockchains—simply use USDC for payments, transfers, and gas fees.”
Notably, the move intends to remove the friction caused by the requirement of ETH for the gas fee payments. This prerequisite leads to poor user experience, especially for users who do not hold ETH.
The native token requirement can also cause transaction failures and regulatory challenges.
Thus, Circle’s Paymaster initiative envisions providing a better space, solving a major friction point for onchain transactions.
Paymaster Visions Stablecoin Solution Across Multiple Blockchains
Further, Circle revealed its intention to expand Paymaster services to more blockchain platforms including Ethereum, Polygon PoS, and Solana. The further expansion of the payment solution could foster stablecoin adoption and acceptance.
As per reports, a 10% fee of the gas cost is charged per transaction. However, this fee is temporarily waived until June 30 to promote adoption.
#Circle #CircleIPO #Paymaster #CryptoMarket #CryptoNews
🔥 JUST IN : #Circle has minted another 250 million USDC💰 on Solana today. Since January 2nd, 2025, Circle has cumulatively issued 5.25 billion $USDC on Solana💰 network.
🔥 JUST IN : #Circle has minted another 250 million USDC💰 on Solana today. Since January 2nd, 2025, Circle has cumulatively issued 5.25 billion $USDC on Solana💰 network.
$TRUMP
Backs Stablecoins, Strengthening Tether and Circle’s
Market Position
In a significant move to reinforce the role of stablecoins in the global financial ecosystem, Donald Trump has issued an executive order supporting dollar-backed stablecoins. This directive is designed to foster the growth of digital assets tied to the US dollar while ensuring regulatory clarity. Leading stablecoin issuers, Tether and Circle, who control over 90% of the market, are expected to benefit significantly from this decision.
The executive order establishes a working group composed of key government agencies, including the Treasury, SEC, CFTC, and Justice Department, to craft comprehensive digital asset policies within six months. This collaboration aims to protect the US dollar’s dominance while offering a robust framework for stablecoin regulation. By halting the development of a central bank digital currency (CBDC), Trump’s administration has effectively cleared the path for stablecoin innovation to thrive, reinforcing their role as a vital component of the financial system.
Stablecoins like Tether’s USDt and Circle’s USDC are already widely used, with USDt alone serving over 300 million people worldwide for payments and transfers. Tether CEO Paolo Ardoino highlighted the utility of dollar-backed stablecoins, emphasizing their ability to preserve purchasing power and provide financial stability in underserved regions.
Trump’s move reflects a broader vision of leveraging stablecoins to strengthen the US dollar’s global supremacy. While some concerns remain about potential risks to financial stability, the administration believes that properly regulated stablecoins can bolster the currency and enhance international trade efficiency.
This bold initiative underscores the growing recognition of digital assets and their transformative potential in modern finance, positioning the US as a leader in stablecoin adoption and innovation.
#Stablecoins #TrumpCryptoOrder #Tether #Circle
#DigitalAssets
Backs Stablecoins, Strengthening Tether and Circle’s
Market Position
In a significant move to reinforce the role of stablecoins in the global financial ecosystem, Donald Trump has issued an executive order supporting dollar-backed stablecoins. This directive is designed to foster the growth of digital assets tied to the US dollar while ensuring regulatory clarity. Leading stablecoin issuers, Tether and Circle, who control over 90% of the market, are expected to benefit significantly from this decision.
The executive order establishes a working group composed of key government agencies, including the Treasury, SEC, CFTC, and Justice Department, to craft comprehensive digital asset policies within six months. This collaboration aims to protect the US dollar’s dominance while offering a robust framework for stablecoin regulation. By halting the development of a central bank digital currency (CBDC), Trump’s administration has effectively cleared the path for stablecoin innovation to thrive, reinforcing their role as a vital component of the financial system.
Stablecoins like Tether’s USDt and Circle’s USDC are already widely used, with USDt alone serving over 300 million people worldwide for payments and transfers. Tether CEO Paolo Ardoino highlighted the utility of dollar-backed stablecoins, emphasizing their ability to preserve purchasing power and provide financial stability in underserved regions.
Trump’s move reflects a broader vision of leveraging stablecoins to strengthen the US dollar’s global supremacy. While some concerns remain about potential risks to financial stability, the administration believes that properly regulated stablecoins can bolster the currency and enhance international trade efficiency.
This bold initiative underscores the growing recognition of digital assets and their transformative potential in modern finance, positioning the US as a leader in stablecoin adoption and innovation.
#Stablecoins #TrumpCryptoOrder #Tether #Circle
#DigitalAssets
Lens Labs Raises $31M to Transform Digital Social Interactions in SocialFi
The blockchain and social networking landscapes are undergoing a radical transformation with Lens Labs' recent groundbreaking funding achievement. The company has successfully closed a strategic investment round totaling $31 million, signaling a pivotal moment for decentralized social experiences.
Leading the investment charge is Lightspeed Faction, accompanied by a prestigious consortium of investors including Avail, Circle, Consensys, DFG, Fabric Ventures, and Wintermute Ventures. The round also attracted notable angel investors such as Rune Christensen, Aleksander Larsen, and Illia Polosukhin, underscoring the significant industry interest in Lens Labs' vision.
At its core, Lens represents a revolutionary approach to merging social networking with decentralized finance, a concept known as SocialFi. This innovative model empowers users to monetize their social interactions, participate in platform governance, and create sustainable economic ecosystems directly through blockchain technology.
The brainchild of Stani Kulechov, Lens Labs is developing a high-performance Layer 2 network designed to address critical limitations in existing blockchain platforms. Kulechov emphasizes their commitment to creating a platform that transcends current technological barriers, offering developers and users an unprecedented level of flexibility and engagement.
What sets Lens apart is its comprehensive approach to user experience. The platform introduces groundbreaking features like gasless and signless transactions, which dramatically simplify user onboarding. By providing modular social tools that can be seamlessly integrated into various applications, Lens is creating a plug-and-play ecosystem for developers.
The upcoming Lens V3 protocol represents a significant leap forward in decentralized social networking. With its EVM-compatible validium chain and plans to transition to a zkSync-based Volition network, the platform promises enhanced scalability, security, and data integrity.
Samuel Harrison from Lightspeed Faction provides crucial context, highlighting the fundamental issues with existing Web2 social platforms. He argues that Lens offers a transformative alternative, prioritizing user transparency, ownership, and novel monetization opportunities that traditional platforms have failed to deliver.
Strategic partnerships with industry leaders like Uniswap, Chainlink, and Circle further validate Lens Labs' approach. These collaborations ensure that developers will have access to a robust and interconnected ecosystem of tools and integrations.
The mainnet launch, scheduled for early 2025, will leverage cutting-edge technologies from zkSync and Avail. This technical foundation promises to deliver a user experience that rivals, and potentially surpasses, traditional Web2 platforms while maintaining the core principles of decentralization.
As part of Avara, a web3 technology company with a proven track record of innovation, Lens Labs is positioning itself at the forefront of a digital revolution. The company's previous successes, including the Aave Protocol and GHO stablecoin, provide a strong foundation for this ambitious SocialFi initiative.
The $31 million funding round is more than just a financial milestone; it represents a significant vote of confidence in the potential of decentralized social networks. By offering users unprecedented control over their digital interactions and creating new economic opportunities, Lens Labs is not just building a platform—it's reimagining the future of online social experiences.
For those interested in the convergence of blockchain, social networking, and decentralized finance, Lens Labs offers a glimpse into a more transparent, user-centric digital future. The journey towards a truly decentralized social ecosystem is just beginning, and Lens is leading the way.
#lens #LensProtocol #socialfi #Avail #Circle
Leading the investment charge is Lightspeed Faction, accompanied by a prestigious consortium of investors including Avail, Circle, Consensys, DFG, Fabric Ventures, and Wintermute Ventures. The round also attracted notable angel investors such as Rune Christensen, Aleksander Larsen, and Illia Polosukhin, underscoring the significant industry interest in Lens Labs' vision.
At its core, Lens represents a revolutionary approach to merging social networking with decentralized finance, a concept known as SocialFi. This innovative model empowers users to monetize their social interactions, participate in platform governance, and create sustainable economic ecosystems directly through blockchain technology.
The brainchild of Stani Kulechov, Lens Labs is developing a high-performance Layer 2 network designed to address critical limitations in existing blockchain platforms. Kulechov emphasizes their commitment to creating a platform that transcends current technological barriers, offering developers and users an unprecedented level of flexibility and engagement.
What sets Lens apart is its comprehensive approach to user experience. The platform introduces groundbreaking features like gasless and signless transactions, which dramatically simplify user onboarding. By providing modular social tools that can be seamlessly integrated into various applications, Lens is creating a plug-and-play ecosystem for developers.
The upcoming Lens V3 protocol represents a significant leap forward in decentralized social networking. With its EVM-compatible validium chain and plans to transition to a zkSync-based Volition network, the platform promises enhanced scalability, security, and data integrity.
Samuel Harrison from Lightspeed Faction provides crucial context, highlighting the fundamental issues with existing Web2 social platforms. He argues that Lens offers a transformative alternative, prioritizing user transparency, ownership, and novel monetization opportunities that traditional platforms have failed to deliver.
Strategic partnerships with industry leaders like Uniswap, Chainlink, and Circle further validate Lens Labs' approach. These collaborations ensure that developers will have access to a robust and interconnected ecosystem of tools and integrations.
The mainnet launch, scheduled for early 2025, will leverage cutting-edge technologies from zkSync and Avail. This technical foundation promises to deliver a user experience that rivals, and potentially surpasses, traditional Web2 platforms while maintaining the core principles of decentralization.
As part of Avara, a web3 technology company with a proven track record of innovation, Lens Labs is positioning itself at the forefront of a digital revolution. The company's previous successes, including the Aave Protocol and GHO stablecoin, provide a strong foundation for this ambitious SocialFi initiative.
The $31 million funding round is more than just a financial milestone; it represents a significant vote of confidence in the potential of decentralized social networks. By offering users unprecedented control over their digital interactions and creating new economic opportunities, Lens Labs is not just building a platform—it's reimagining the future of online social experiences.
For those interested in the convergence of blockchain, social networking, and decentralized finance, Lens Labs offers a glimpse into a more transparent, user-centric digital future. The journey towards a truly decentralized social ecosystem is just beginning, and Lens is leading the way.
#lens #LensProtocol #socialfi #Avail #Circle
🔥 Circle和币安联手推广USDC，挑战USDT的霸主地位
币圈又有大动作！本周三，Circle和币安在阿布扎比宣布，他们要联手推广USDC，这个由Circle和Coinbase共同拥有的稳定币，目标直指Tether的USDT，旨挑战USDT的霸主地位！
这次合作的意义可不小，现在稳定币在主流金融界越来越火，大家都想在这个市场分一杯羹。其中，全球领先的加密货币交易所币安也不例外。币安把USDC纳入它的所有产品和服务中，让全球2.4亿用户都能用USDC来交易、储蓄和支付。
Coinbase的副总裁Shan Aggarwal对这个合作表示祝贺，他说这会帮助USDC流通量增长，提高全球经济自由度。Circle的CEO Jeremy Allaire也看好这次合作，觉得币安能让USDC成为家喻户晓的品牌。
币安CEO Richard Teng也宣布，该交易所将在全球推出更多USDC交易对，并举办特别促销活动，同时探索稳定币的新用途。
然而，现在稳定币市场还是以Tether的USDT为主导，其市值高达1380亿美元，远超USDC虽然有400亿美元。尽管Tether被指控会计行为可疑和非法活动有关联，但它仍然是市场的大玩家。
值得注意的是，币安此前也推出过自己的稳定币BUSD，其原生代币BUSD市值也达230亿美元，但去年因为监管压力而停止运营了。这次合作也意味着币安在监管及合规性上的承诺，以及要和Circle的USDC保持步调一致的决心。
不过，这次合作也涉及到三家公司的收入分成安排，可能会让挑战Tether的努力变得更复杂。同时，其他竞争对手也没闲着，像Robinhood、Galaxy Digital、Kraken和Paxos最近也组了个联盟，支持Paxos发行的新稳定币USDG。
看来，稳定币市场的竞争越来越激烈了，我们拭目以待，看看这场稳定币大战会怎么打吧！
#USDC #币安 #USDT #稳定币 #Circle
币圈又有大动作！本周三，Circle和币安在阿布扎比宣布，他们要联手推广USDC，这个由Circle和Coinbase共同拥有的稳定币，目标直指Tether的USDT，旨挑战USDT的霸主地位！
这次合作的意义可不小，现在稳定币在主流金融界越来越火，大家都想在这个市场分一杯羹。其中，全球领先的加密货币交易所币安也不例外。币安把USDC纳入它的所有产品和服务中，让全球2.4亿用户都能用USDC来交易、储蓄和支付。
Coinbase的副总裁Shan Aggarwal对这个合作表示祝贺，他说这会帮助USDC流通量增长，提高全球经济自由度。Circle的CEO Jeremy Allaire也看好这次合作，觉得币安能让USDC成为家喻户晓的品牌。
币安CEO Richard Teng也宣布，该交易所将在全球推出更多USDC交易对，并举办特别促销活动，同时探索稳定币的新用途。
然而，现在稳定币市场还是以Tether的USDT为主导，其市值高达1380亿美元，远超USDC虽然有400亿美元。尽管Tether被指控会计行为可疑和非法活动有关联，但它仍然是市场的大玩家。
值得注意的是，币安此前也推出过自己的稳定币BUSD，其原生代币BUSD市值也达230亿美元，但去年因为监管压力而停止运营了。这次合作也意味着币安在监管及合规性上的承诺，以及要和Circle的USDC保持步调一致的决心。
不过，这次合作也涉及到三家公司的收入分成安排，可能会让挑战Tether的努力变得更复杂。同时，其他竞争对手也没闲着，像Robinhood、Galaxy Digital、Kraken和Paxos最近也组了个联盟，支持Paxos发行的新稳定币USDG。
看来，稳定币市场的竞争越来越激烈了，我们拭目以待，看看这场稳定币大战会怎么打吧！
#USDC #币安 #USDT #稳定币 #Circle
🇨🇦 Circle se convierte en el primer emisor de stablecoins en cumplir con las regulaciones de Canadá 🇨🇦. USDC ahora alineado con la OSC y CSA, asegurando su presencia en el mercado canadiense. ¡Cumplimiento clave antes del 2024! 🔒
#USDC #Circle #CriptoRegulación $USDC
Hola me gustaría que pasaras por este Post que escribí sobre XAI y me regalaras tu like y un comentario, para mi sería de mucha ayuda
#USDC #Circle #CriptoRegulación $USDC
Hola me gustaría que pasaras por este Post que escribí sobre XAI y me regalaras tu like y un comentario, para mi sería de mucha ayuda
Bitcoin Suisse plans to expand USDC liquidity in Europe by partnering with global financial technology firm Circle. The company will circulate USDC on its 24/7 trading and custody platform, focusing on banking partner alignment and adding USDC as a standard supported trading pair.
#bitcoin #usdc #circle
#bitcoin #usdc #circle
Circle Makes a Bold Move with $1 Million USDC Donation to Trump’s Campaign
Circle donated 1 million USDC to Donald Trump’s campaign.This contribution boosts the acceptance of digital assets.Google and other tech companies also provided support.
Circle has announced a donation of 1 million USDC to the opening program fund for newly elected President Donald Trump. This contribution demonstrates the increasing acceptance of cryptocurrencies in real-world applications.
Crypto and Politics
Jeremy Allaire, CEO of Circle, noted that USDC is being adopted more widely for significant transactions. He emphasized that the donation aligns with Circle’s mission to promote financial innovation.
This donation follows partnerships with Binance, aiming to enhance USDC usage and strengthen the role of stablecoins in global financial systems.
Trump Committee and Acceptance of StablecoinsThe Trump Committee’s acceptance of USDC highlights the growing trend of using digital dollars in political financing. This donation forms a substantial part of the committee’s total fundraising of 170 million dollars.
In his statement, Allaire mentioned, “We are building a strong company supporting cryptocurrencies in the US, and the Committee’s acceptance of USDC as a payment method shows how far we have come and the potential of stablecoins.”
This donation underscores USDC’s viability in large-scale financial transactions, indicating that Trump’s campaign committee could lead the way for digital assets in political financing.
Google also confirmed its donation of 1 million dollars to Trump’s opening program fund. Karan Bhatia, head of global government relations at Google, stated that the contribution would be live-streamed on YouTube.
Other tech giants like Meta, OpenAI, Amazon, and Apple have reportedly contributed to the committee as well.
The possibility of the Trump administration creating a Bitcoin $93,577 reserve by 2025 has become a hot topic with the upcoming opening program.
#Circle #Trump #Donationfortrump #CryptoMarkets #Cryptonews
Circle donated 1 million USDC to Donald Trump’s campaign.This contribution boosts the acceptance of digital assets.Google and other tech companies also provided support.
Circle has announced a donation of 1 million USDC to the opening program fund for newly elected President Donald Trump. This contribution demonstrates the increasing acceptance of cryptocurrencies in real-world applications.
Crypto and Politics
Jeremy Allaire, CEO of Circle, noted that USDC is being adopted more widely for significant transactions. He emphasized that the donation aligns with Circle’s mission to promote financial innovation.
This donation follows partnerships with Binance, aiming to enhance USDC usage and strengthen the role of stablecoins in global financial systems.
Trump Committee and Acceptance of StablecoinsThe Trump Committee’s acceptance of USDC highlights the growing trend of using digital dollars in political financing. This donation forms a substantial part of the committee’s total fundraising of 170 million dollars.
In his statement, Allaire mentioned, “We are building a strong company supporting cryptocurrencies in the US, and the Committee’s acceptance of USDC as a payment method shows how far we have come and the potential of stablecoins.”
This donation underscores USDC’s viability in large-scale financial transactions, indicating that Trump’s campaign committee could lead the way for digital assets in political financing.
Google also confirmed its donation of 1 million dollars to Trump’s opening program fund. Karan Bhatia, head of global government relations at Google, stated that the contribution would be live-streamed on YouTube.
Other tech giants like Meta, OpenAI, Amazon, and Apple have reportedly contributed to the committee as well.
The possibility of the Trump administration creating a Bitcoin $93,577 reserve by 2025 has become a hot topic with the upcoming opening program.
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