Circle co-founder Jeremy Allaire: Never loaned to FTX or Alameda, and are minor shareholders of FTX

ChainCatcher news, Circle co-founder and CEO Jeremy Allaire tweeted, "Circle has had no substantive contact with FTX and Alameda. FTX has been a customer of Circle Payment APIs for the past 18 months, providing card and ACH services for customer transactions, where Circle's crypto payment products have consistently utilized the BTC/ETH liquidity from FTX and other exchanges."

Additionally, "Alameda has been a customer of Circle for years, using Circle's USDC services to create and redeem USDC. They have the same products and terms of use as all our institutional clients. Circle has never loaned to FTX or Alameda, has never received FTT as collateral, and has never held or traded FTT. Under no circumstances does Circle engage in proprietary trading. Circle is a minor shareholder of FTX, and FTX is a minor shareholder of Circle, but Circle is also a minor shareholder of Kraken, Coinbase, and Binance US." (source link)