Circle will provide Binance with tech and liquidity to strengthen USDC adoption, aiming to challenge Tether's dominance. On Wednesday morning in Abu Dhabi, Binance and Circle announced a strategic partnership to promote USDC, a stablecoin jointly owned by Circle and Coinbase. The collaboration comes as stablecoins gain traction in mainstream...
USDC Stablecoin Issuer Circle Announces Layoffs Amid Operational Review
Less than 6% of Circle's workforce has been slashed following a review of its operations. Circle Internet Financial Ltd., the company behind the second-largest stablecoin in the cryptocurrency market USDC, announced layoffs following a routine operational assessment. According to the Bloomberg report, the job cuts impact under 6% of the...
