Circle preps $1B war chest to deal with market threats from PayPal and others
August 10 2023 - 1:15PM
Cointelegraph
![](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-08/3f8a32c9-68b4-49b6-8ebe-4ba538b46cee.jpg)
Circle’s USDC stablecoin has dropped from $45 billion in
circulation at the start of 2023 to just $26 billion as the summer
winds down.
...
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Circle preps $1B war chest to deal with market
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