We use cookies and other data for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.
Add this topic to your myFT Digest for news straight to your inbox
Banking veteran Bob Diamond sought to bring stablecoin operator to US stock market using blank-cheque company
Plus Washington wants to speak to Bankman-Fried and the market’s most liquid coins
Collapse of tie-up follows FTX bankruptcy and other crises in the sector
Fintech group led by Bob Diamond pushes ahead with plans despite termination of previous funding arrangements
US company’s move to become leading regulated stablecoin comes as it expands presence in Asia-Pacific
Payments group says its digital token will be backed by cash and short-term US government debt
USD Coin issuer plans Wall Street debut as value of its tokens in circulation eclipses $25bn
Not only must digital money go mainstream, but Circle must emerge as a winner too
USD Coin issuer valued at $4.5bn in deal with Spac to bring stablecoin group to Wall Street
Fundraising values US mobile payments and cryptocurrency trading group at nearly $3bn
First time a European bank has allowed a digital currency company to use its infrastructure
Cash infusion will help fund start-up’s expansion beyond bitcoin
International Edition
