
According to Circle, the USDC stablecoin name will appear on the front of club jerseys for Chelsea’s upcoming football season.
Update (Aug. 28, 8:30 pm UTC): This article has been updated to include information about the FCA’s oversight of stablecoins.
Update (Aug. 29, 12:00 pm UTC): This article has been updated to include a statement from Circle.
Circle, the issuer behind the USDC stablecoin, will be the latest sponsor for the Chelsea Football Club just months after the UK’s financial watchdog warned about “questionable sponsorship deals with unauthorized financial firms,” including crypto companies.
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