Circle balances compliance in Canada with operational efficiency through staff layoffs

Oluwapelumi Adejumo

Circle has become the first stablecoin issuer to meet Canada’s new listing requirements for its USD Coin (USDC), marking a significant milestone amid ongoing reports of layoffs within the company. In a Dec. 4 post on X, Circle CEO Jeremy Allaire announced that USDC is the first of the top dollar-backed stablecoins to comply with […]

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Circle balances compliance in Canada with operational efficiency through staff layoffs