Circle, the company behind the USDC stablecoin, has announced a bold new step to deepen its presence in the stablecoin ecosystem with the launch of its own Layer-1 blockchain, called Arc. Designed specifically to support stablecoin payments, foreign exchange (FX), and capital markets applications, Circle Arc will use USDC as ...
Circle and OKX have joined forces to enhance global access to USDC, announcing a new partnership aimed at deepening liquidity and improving fiat on-and-off ramps for users worldwide. Under the agreement revealed on July 9, OKX’s 60 million+ customers will be able to convert USD to USDC and back at ...
Circle, the issuer of the USDC stablecoin, has formally applied for a national bank charter in the United States. This move aims to establish the first-ever national digital currency bank, marking a significant milestone in the integration of digital assets with traditional finance. Source: Circle The company submitted its application ...
Fiserv, a leading US fintech company, has announced plans to launch its own US dollar-backed stablecoin, called FIUSD, in partnership with PayPal and Circle to enhance digital asset services across its banking and payments network. The company aims to introduce FIUSD by the end of 2025, leveraging infrastructure from Paxos ...
Stablecoin issuer Circle saw a notable boost in investor confidence on June 11, with its shares (CRCL) closing 10.7% higher following two major announcements: a strategic partnership with Brazilian fintech Matera and the integration of its flagship stablecoin, USDC, into World Chain, the blockchain project led by OpenAI CEO Sam ...
Circle has received a $50 million investment from Japan’s financial powerhouse, SBI Holdings and its banking subsidiary, SBI Shinsei. This move marks a significant step in Circle’s strategy to expand USDC’s presence in Asia, signalling growing institutional confidence in the stablecoin sector. The investment comes on the heels of Circle’s ...
Circle Internet Group Inc., the issuer behind the USDC stablecoin, has once again increased the size and pricing of its upcoming public offering, now aiming to raise approximately $1.05 billion as it prepares to list on the New York Stock Exchange (NYSE) today. The fintech firm announced on June 4 ...
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 ...
