Chelsea FC gets a stablecoin sponsor after UK FCA warning to clubs
According to Circle, the USDC stablecoin name will appear on the front of club jerseys for Chelsea’s upcoming football season.
Chelsea FC will feature the name of stablecoin USDC on its players' jerseys for the 2026/2027 season, according to Circle, the issuer of the cryptocurrency. This marks the first time a Premier League club has sponsored a stablecoin. UK's Financial Conduct Authority (FCA) had previously issued warnings to clubs about potentially illegal partnerships with crypto firms.
Circle's UK branch, which has been authorized by the FCA since 2018 to provide certain financial services, will be the sponsor. While Circle states that USDC is issued by regulated affiliates, it's important to note that the stablecoin is not issued or regulated by UK laws.
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