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Goldman Sachs Backed Start-up Circle Introducing A Crypto Version Of The US Dollar

circle cryptocurrency

The Goldman Sachs-backed start-up, Circle, announced a new cryptocurrency pegged to the U.S. dollar and a $110 million investment round led by the crypto mining company Bitmain, which brings Circle's value near $3 billion. "There are a number of banks who are excited about it and will support it," says Jeremy Allaire, CEO of Circle.


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