Stablecoin issuer Circle is seeking to enter about 40 developing markets, according to the company’s CEO and chairman, Jeremy Allaire. “We’re kind of going through an inflection point…a transition right now, and that transition …
Circle
The partnership with SAP-backed Tereina will let businesses send and receive Circle’s stablecoins from within the financial software they already use.
Binance has invested $100 million in Circle, acquiring 1.24 million shares, while renewing a five-year partnership to expand USDC adoption across global markets. Binance bought $100 million of Circle Internet Group (NYSE: CRCL) stock …
- DeFi Market
Circle wants wrapped Bitcoin to look bank grade before institutions trust it as collateral
by adminby adminCircle has launched cirBTC on Ethereum, but the larger play is to make wrapped Bitcoin look like collateral infrastructure institutions can route through DeFi, OTC desks, lending markets, treasury systems, market makers, and settlement …
In brief Arc is a blockchain built by USDC issuer Circle for stablecoin-focused applications. It uses USDC for gas, features a built-in FX engine, and enables opt-in privacy. The mainnet beta is expected to …
- Altcoin Highlights
Circle Subsidiary Hashnote Launches Yield-Bearing USYC on BNB Chain
by adminby adminKey Notes Circle’s Hashnote brings institutional-grade Treasury collateral to BNB Chain with near real-time USDC settlement. The $1.07B fund offers 3.93% APY through price appreciation, targeting non-US institutions with KYC requirements. BNB Chain deployment …
The new system aims to reduce fragmentation, boost liquidity, and improve cross-chain stablecoin interoperability. Circle on Tuesday introduced xReserve, a new system that enables blockchain teams to issue USDC-backed stablecoins that can easily move …
Circle Internet Group secured final approval from the U.S. Office of the Comptroller of the Currency today, to establish a national trust bank, a milestone that sent the stablecoin issuer’s shares higher and deepened …
Circle Stock Dives as Rival Tether Secures Big Four Audit, Crypto Bill Threatens Stablecoin Yield
In brief Circle’s CRCL shares dropped 20% on Tuesday following a recent surge in value for the firm’s stock. Stablecoin giant Tether announced a long-awaited agreement for an audit from a “Big Four” accounting …
Ark Invest Buys $30.5M Circle Shares as CRCL Stock Price Falls 12%
Ark Invest bought $30.5 million worth of shares in Circle Internet (CRCL) on Wednesday as the issuer of the second-largest stablecoin fell 12%. Cathie Wood’s investment management firm added a total 353,328 CRCL shares …