About Merit Circle

The Merit Circle price is $0.30, a change of -0.66% over the past 24 hours as of 6:27 a.m. The recent price action in Merit Circle left the tokens market capitalization at $135,507,493.63. So far this year, Merit Circle has a change of 9.93%. Merit Circle is classified as a Computing under CoinDesks Digital Asset Classification Standard (DACS).

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Latest About Merit Circle

Coinbase sticker on a Macintosh laptop
First Mover Americas: Coinbase Acquires Stake in Circle

The latest price moves in crypto markets in context for August 22, 2023.

Coinbase sticker on a Macintosh laptop
Circle's Jeremy Allaire and Coinbase's Brian Armstrong (CoinDesk/Coinbase)
Coinbase Gets a Stake in Stablecoin Operator Circle and USDC Adds 6 New Blockchains

The Centre Consortium, jointly managed by Circle and Coinbase, is being shut down and Circle is bringing issuance and governance of the USDC stablecoin in-house.

Circle's Jeremy Allaire and Coinbase's Brian Armstrong (CoinDesk/Coinbase)
USDT daily price (CoinDesk)
Traders Ditch USDT on Curve, Uniswap, Pushing Key Exchange Pools Into Imbalance

Similar imbalances happened when Terra imploded in May 2022 and after the Silicon Valley Bank crisis hit USDC issuer Circle in March.

USDT daily price (CoinDesk)
Jeremy Allaire, Co-Founder, Chairman and CEO, Circle (CoinDesk)
Circle Restarts U.S. Treasury Purchases in BlackRock-Managed USDC Reserve Fund

Repurchase agreements will keep being part of the reserve fund, Circle’s chief financial officer said Wednesday during a company call.

Jeremy Allaire, Co-Founder, Chairman and CEO, Circle (CoinDesk)

Merit Circle Market Stats

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Crypto Sectors

Merit Circle (MC)
is not in the CoinDesk DACS 500.
Of the undefined assets in sector,
Merit Circle
represents undefined% of the Marketcap.
Top assets in Sector
  • Assets
Source: Coindesk DACS monthly update.

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Last Updated on 08/29/23 6:27 AM

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