Circle has launched its cryptocurrency platform, allowing customers to deposit and send bitcoin.
Circle and OKX have partnered to enhance USDC stablecoin liquidity, providing 1:1 USD conversions and improved access for global users.
Circle’s market cap has climbed above $62.9 billion, now surpassing the value of its own USDC stablecoin supply near $61 billion. The surge follows Senate approval of stablecoin regulation legislation.
Fiserv enters the stablecoin market with FIUSD, partnering with Circle and Solana to serve 10,000 financial institutions. The move reflects traditional finance’s shift toward blockchain payments.
Circle stock surges as Senate passes stablecoin legislation, setting stage for broader USDC adoption and regulation clarity.
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Arthur Hayes warns that the post-Circle IPO stablecoin boom could trigger a speculative bubble, with most new entrants likely to fail.
Crypto exchange Bullish has confidentially filed for a US public listing, signaling rising investor interest in crypto IPOs.
Circle’s $1 billion IPO marks one of the biggest fintech debuts in years, attracting major backers like SBI and Sigil, and signaling a pivotal moment for stablecoins.
Uber CEO Dara Khosrowshahi revealed that the company is studying stablecoins as a potential solution to reduce cross-border payment costs.
Jeremy Allaire insists that stablecoin issuers operating in the US should be officially registered to ensure compliance and financial integrity.
Despite market challenges, PayPal remains committed to expanding PYUSD’s use cases, positioning it as a reliable payment solution for merchants worldwide.
The stablecoins has now joined Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple’s XRP, and Toncoin (TON) in Dubai’s approved list of tradable cryptocurrencies.
With a 78% market share, USDC dominates Solana’s stablecoin ecosystem, overshadowing Tether (USDT) and other rivals.
The rising supply of stablecoins like USDT and USDC signals potential bullish sentiment, with analysts viewing them as “dry powder” for altcoins rally ahead.
COTI introduces V2 network with USDC integration, bringing encrypted Web3 protocols and expanded stablecoin support to its layer-2 ecosystem.