Circle unveils Arc Blockchain amid 53% revenue surge, $482M Q2 loss
Circle launches Arc blockchain with USDC as native gas token. Circle’s Q2 revenue up 53% to $658M, but $482M net loss reported. USDC supply has surged to $65.6B, including $250…
Analysis: Tapiero ups crypto forecast to $50T; Compass Point downgrades Circle on valuation
Investor Dan Tapiero merges his firms into a new brand, “50T,” reflecting a $50 trillion crypto market forecast. Tapiero says the crypto ecosystem is already at $5T, “far exceeding” his…
Bitcoin rallies to $106K on Mideast ceasefire news; Circle shares continue explosive climb
Bitcoin surged past $106K late Monday after Trump announced a “Complete and Total CEASEFIRE” between Iran and Israel. The rally marked a sharp reversal from a plunge to $98,500 just…
Circle raises $1.1 billion in upsized IPO, prices shares at $31
Circle Internet Group Inc., a prominent player in the stablecoin arena, successfully navigated its initial public offering (IPO), raising nearly $1.1 billion in an upsized deal that saw shares priced…
Circle files for IPO to raise up to $624 million amid stablecoin growth
Price range set between $24.00 and $26.00 per share. Offering led by J.P. Morgan, Citigroup, and Goldman Sachs. 9.6 million shares offered by Circle, 14.4 million by existing holders. Circle…
Ripple raises offer for Circle as stablecoin race intensifies
The deal would give Ripple control over USDC’s $61 billion market cap. The proposed $11 billion valuation would make it one of the largest transactions in crypto history. Coinbase may…
Circle reportedly weighing sale to Coinbase or Ripple despite IPO plans
Circle is reportedly in talks to sell to Coinbase or Ripple despite IPO plans. Coinbase holds strong control and financial leverage over Circle. Ripple’s $5B bid was rejected amid higher…
Circle acquires Hashnote, plans to integrate USYC
Circle acquires Hashnote for an undisclosed amount and plans to integrate USYC as collateral on crypto exchanges Hashnote manages the largest Treasury note money market fund with $1.2 billion under…
Circle and Binance team up to boost global USDC adoption
Binance will adopt USDC into its corporate treasury and make the stablecoin more widely available to its 240 million users Circle will help Binance build relationships across the finance and…
Circle becomes the first stablecoin issuer to meet Canada’s new listing standards
Circle received approval from the OSC and the CSA after meeting the VRCA requirements In July, Circle became the first stablecoin issuer to receive a license under the EU’s MiCA’s…