Business
Finastra Partners with Circle to Enable USDC Settlements in Global Payments
Finastra is integrating Circle's USDC stablecoin into its payments hub, aiming to streamline cross-border payment processes.
Crypto
Major South Korean Banks to Discuss Stablecoin Collaborations with Tether and Circle
Executives from top South Korean financial institutions will meet with representatives from Tether and Circle to discuss the potential integration of stablecoins into the country's financial system.
Crypto
Cryptocurrency Bull Market May Extend Until 2027, Predicts Bernstein
Bernstein has maintained its positive view on Robinhood, increasing its stock price target significantly.
Finance
Circle Acquires Malachite for New Blockchain Initiative
Circle, the issuer of the USDC stablecoin, has announced the acquisition of Malachite, a consensus engine from Informal Systems, to enhance its upcoming Arc blockchain aimed at stablecoin transactions.
Finance
The Rise of Proprietary Blockchains: Circle and Stripe Join the Movement
Companies are increasingly launching their own blockchains to enhance transaction efficiency and control over digital asset payments.
Business
Circle to Sell 10 Million Class A Shares at $130 Each
The price of the shares offered by Circle is significantly higher than their initial offering price from June.
Finance
Circle's Stock Dips 6% in After-Hours Trading Following Secondary Offering Announcement
Circle has launched a secondary stock sale for 10 million shares, resulting in a 6% drop in stock value during after-hours trading.
Business
Circle Introduces Arc Layer-1 Blockchain and Reports Significant Q2 Loss
Circle announced a $428 million net loss for Q2, despite a revenue boost linked to its USDC stablecoin, while unveiling its new Arc blockchain aimed at enhancing stablecoin transactions.
Finance
ProShares Unveils 'Ultra CRCL' ETF for Enhanced Circle Stock Trading
The new ETF marks a significant leverage opportunity for traders looking to capitalize on Circle's rapidly increasing stock value since its public debut.
Business
Ant Group, Backed by Alibaba's Founder, Set to Incorporate Circle's USDC on Their Blockchain
Ant Group is making strides to include Circle’s USDC stablecoin in its blockchain framework, as part of a larger strategy to facilitate diverse digital currencies and tokenized assets.
Crypto
Circle Establishes Revenue Sharing Agreement with Bybit
Circle has engaged in a revenue sharing deal with Bybit, the second-largest cryptocurrency exchange, enhancing its USDC presence.
Finance
Citi Initiates Coverage on Circle, Valuation Remains Stable with Buy Rating
Citi offers a bullish perspective on Circle's stock, highlighting a significant potential upside based on their analysis.
Banking
Circle Seeks Federal Trust Bank Charter for Enhanced Regulation
Circle has submitted its application to establish a federally regulated bank, aiming for enhanced oversight similar to traditional financial institutions.
Crypto
JPMorgan Initiates Circle Coverage with Underweight Rating and $80 Target
JPMorgan's analysts have started coverage on Circle, the stablecoin issuer, assigning it an underweight rating and setting a target price of $80 as the market cap appears inflated post-IPO.
Crypto
CoinDesk Weekly Recap: Dominance of Stablecoins in Current Market Trends
Positive momentum for stablecoins is evident across various markets, highlighting significant gains and developments.
Crypto
Investors Flock to Circle in South Korea Amid Stablecoin Regulation Changes
South Korean retail investors are shifting focus towards Circle Internet Group, making it the top foreign stock amidst regulatory changes for stablecoins.
Blockchain
Taurus Unveils Open-Source Privacy Technology for Stablecoins, Starting with USDC from Circle
Taurus launches a zero-knowledge proofs privacy layer for stablecoins, beginning with Circle's USDC.
Finance
Circle Stock Plummets 15% as BIS Raises Concerns on Stablecoins
Circle's stock saw a 15% decline following a report from the Bank for International Settlements questioning the stability of stablecoins in financial systems.
Finance
Mastercard Enhances Stablecoin Capabilities With New Integrations
Mastercard expands its network to incorporate various stablecoins, including PayPal’s PYUSD and the Global Dollar (USDG), facilitating seamless transactions.
Finance
Ark Invest Offloads Circle Shares While Acquiring Robinhood and Coinbase Stock
Ark Invest has been capitalizing on its investment in Circle as it offloads shares while purchasing equities in Robinhood and Coinbase.
