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Fast USDC Cash-Outs Now Cost More
Circle has updated its terms for instant USDC cash-outs on the Circle Mint platform, raising fees and lowering the threshold for fee-free transactions. Now, daily redemptions exceeding $2 million incur a 0.03% fee, while amounts over $15 million are subject to a 0.1% fee.
Fairshake Receives Another Donation
The Super Political Action Committee (Super PAC), Fairshake, dedicated to supporting blockchain proponents in the political arena, has received a $4.9 million boost from Gemini founders Cameron and Tyler Winklevoss, with each contributing $2.45 million. This follows previous backing from notable entities like Andreessen Horowitz, ARK Invest, Circle, Ripple Labs, and many more. 
Circle Readies for Battle Against Traditional Players
Facing increased competition from conventional financial giants like PayPal Holdings Inc., Circle is taking strategic measures.
To counter this threat and counterbalance the diminishing market share of its USD Coin stablecoin, Circle is expecting leveraging a substantial cash reserve surpassing $1 billion.
The circulating supply of Circle’s USD Coin has experienced a decline, shrinking from $45 billion to around $26 billion since the start of this year. 
Circle Pushes Forward Amidst Regulatory Challenges
Circle, the crypto payments tech company, remains steadfast in its pursuit of going public despite the recent SEC action taken against Coinbase, a publicly traded company. This regulatory setback has not deterred Circle from their ambitions of entering the public market. 
Coinbase & Circle Usher in New USDC Era
Coinbase and Circle, five years after jointly launching USDC, are evolving their partnership. Coinbase is acquiring an equity stake in Circle, emphasizing their shared vision for the financial future. To further its reach, USDC will launch on six new blockchains between September and October, expanding its multi-chain presence to 15. With clearer global stablecoin regulations, Circle will assume all governance, including smart contract management. The Centre Consortium, initially governing USDC, will dissolve. Ben Armstrong (BitBoy Crypto): Provocative Presence in Crypto
Known as BitBoy Crypto, Ben Armstrong is one of the most prominent and effervescent crypto influencers, regularly appearing as a speaker at blockchain events, podcasts, and shows. His net worth is estimated at 30 million dollars, and his occasionally contentious earning methods have ruffled feathers within the crypto circle. 
Voyager Digital Makes a Cash Move
The bankrupt crypto lender has sent 150 million USDC to Circle, indicating that this amount can be eventually redeemed for US dollars.
This move is part of the company’s strategy to offload its crypto assets, despite objections from regulators that say Voyager's intention to sell its cryptocurrency may violate securities law.