Crypto News
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Crypto
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Circle Debuts Arc Blockchain for Payments and Institutional Finance
Circle has launched Arc, a blockchain built for payments, tokenized assets and institutional finance. CEO Jeremy Allaire called the network potentially more consequential than USDC as banks and payment firms enter stablecoins.
Circle’s $400M Tazapay Deal Targets Emerging-Market Stablecoin Growth
Circle’s $400 million Tazapay deal is aimed at expanding USDC in emerging markets, where Tether has long been strong. The transaction provides market links and relationships that could otherwise take years to establish.
Chelsea FC to Feature USDC Stablecoin on Jerseys After FCA Warning
Chelsea FC will put Circle’s USDC stablecoin name on the front of its jerseys for the upcoming season, according to Circle. The sponsorship follows a UK FCA warning to football clubs about cryptoasset promotions.
Circle’s USDC Becomes Chelsea’s New Premier League Jersey Sponsor
Circle’s USDC will take over Chelsea’s jersey in its first Premier League sponsorship deal. Financial terms were not disclosed, although earlier reports said the club was seeking £65 million annually for the shirt sponsorship.