Circle, the issuer of the popular stablecoin USD Coin (USDC), has frozen nearly $58 million in digital assets linked to the ongoing LIBRA memecoin scandal. This decisive move marks a significant development in one of 2025’s most high-profile crypto controversies as legal and political consequences continue to unfold. Blockchain analytics ...
Circle, the company behind the USDC stablecoin, remains committed to going public but is also reportedly in informal acquisition talks with Ripple and Coinbase, according to a report from Fortune. The potential sale, however, hinges on a hefty valuation—at least $5 billion—matching Circle’s IPO target. Ripple is said to have ...
Circle, the issuer of the popular USD-backed stablecoin USDC, has announced a strategic partnership with Onafriq, Africa’s largest payments gateway, to pilot stablecoin-based settlements across the continent. This collaboration aims to significantly reduce the high costs and inefficiencies associated with cross-border payments in Africa. Currently, more than 80% of intra-African ...
The United Arab Emirates (UAE) has officially approved Circle, the issuer of the popular USD Coin (USDC) stablecoin, as a licensed money services provider. This regulatory greenlight comes from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), the UAE’s leading international financial center. Circle’s new license ...
Mastercard is taking another significant step toward mainstream crypto adoption, announcing a new initiative allowing over 150 million merchants on its global network to accept payments in stablecoins. The move is part of a broader partnership with payments processor Nuvei and stablecoin issuers Circle and Paxos. Through the collaboration, merchants ...
Singapore-based fintech firm FOMO Pay has been selected as one of the inaugural global design partners in the newly launched Circle Payments Network (CPN), marking a strategic step toward modernizing cross-border payments using regulated stablecoins. Developed by global fintech leader Circle, the CPN is designed to enable near-instant international transactions ...
Circle has unveiled the Circle Payments Network (CPN), a new global infrastructure to transform cross-border money movement by connecting financial institutions through regulated digital currencies. According to Circle, the CPN eliminates inefficiencies in international payments by allowing real-time settlements using Circle-issued stablecoins such as USDC and EURC. The network aims ...
Circle has released USDCKit, a new tool intended to simplify the integration of USDC payments for businesses. This announcement was made on March 27, 2025, on Circle's official blog. The development of USDCKit comes at a time when the demand for stablecoins is increasing despite market volatility. Stablecoins like USDC ...
As the United States moves closer to introducing stablecoin legislation, Circle CEO Jeremy Allaire is urging tighter regulatory oversight, calling for all issuers of dollar-pegged digital assets to be registered within the United States. In an interview with Bloomberg, Allaire voiced concerns about stablecoin issuers operating outside the U.S. while ...
Circle CEO Jeremy Allaire claims that regulation from the U.S. Securities and Exchange Commission is preventing financial institutions and companies from holding cryptocurrency, and he is calling for its repeal. The regulation known as Staff Accounting Bulletin 121 requires banks to classify digital assets as liabilities on their balance sheets. ...
