Circle, the issuer of USDC: Prohibiting all fiat payments from Russia
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Circle, the issuer of USDC: Prohibiting all fiat payments from Russia
Circle, the issuer of stablecoin USDC, stated, "The United States and the United Kingdom have implemented broad economic sanctions aimed at holding Russia accountable. To comply with regulations, Circle has temporarily blocked all fiat payments from accounts in Russia."
TechFlow News According to Wu, Circle, the issuer of the stablecoin USDC, stated, "The United States and the United Kingdom have implemented broad economic sanctions aimed at holding Russia accountable. To comply with regulations, Circle has temporarily blocked all fiat payments from accounts in Russia, including payments made with cards issued in Russia. This may affect your business, and we sincerely apologize for any inconvenience caused."




