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Popular crypto payments company, Circle is set to launch a Euro-backed stablecoin called Euro Coin on Solana. The project is set to launch in the first half of 2023. Circle’s director of engineering, Marcus Boorstin who spoke at the Solana Breakpoint conference in Lisbon, Portugal, said there is a
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Largest stablecoin issuer, Tether (USDT) has joined other prominent networks to drum up support for the upcoming Ethereum Merge. Tether’s support is coming after Circle Pay indicated interest in the Merge. Both networks have a prominent hold over the Ethereum network. In a blog post titled “USDT Supports ETH
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Times are somewhat delicate for Circle Internet Financial, the issuer of a stablecoin called USD Coin (USDC), as its venture capital division is said to be a major backer of two crypto projects that were hacked this week. In the hacks, nearly $200 million was stolen from Nomad, a cross-chain