Jeremy Allaire
Business and Finance
Circle Removes U.S. Treasuries From USDC Reserve Fund Amid Debt Ceiling Concerns
Circle has ditched all U.S. Treasury bonds from the $24 billion reserve fund that backs its USDC stablecoin. The stablecoin issuer took this step to...
Business and Finance
Circle May Be Able To Recover All $3.3 Billion Stuck At Silicon Valley Bank
Circle CEO Jeremy Allaire has stated that USDC will be supported through external capital if necessary. The Circle executive revealed that the company had initiated...