Chelsea FC gets a stablecoin sponsor after UK FCA warning to clubs

Update (Aug. 28, 8:30 pm UTC): This article has been updated to include information about the FCA’s oversight of stablecoins.

By AI NewsroomPublished 6 days agoUpdated about 7 hours ago7 views

Chelsea FC gets a stablecoin sponsor after UK FCA warning to clubs

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Key Facts

Fact 1: 28, 8:30 pm UTC): This article has been updated to include information about the FCA’s oversight of stablecoins.
Fact 2: In a Friday announcement, Circle said its name and USDC would appear on jerseys for Chelsea FC players in the 2026/2027 season.
Fact 3: Circle UK Trading Limited, the company’s UK arm, has been listed as a company authorized under the FCA to provide certain financial services to residents since 2018.
Fact 4: The financial watchdog is set to enforce new standards on digital asset companies, including stablecoin issuers, starting in October 2027.

Update (Aug. 28, 8:30 pm UTC): This article has been updated to include information about the FCA’s oversight of stablecoins.

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. In a Friday announcement, Circle said its name and USDC would appear on jerseys for Chelsea FC players in the 2026/2027 season. The partnership deal between the football club and the digital asset company came about three months after the UK’s Financial Conduct Authority (FCA) said it had sent warning letters to clubs in the Premier League, potentially including Chelsea.

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