Blockchain News
Circle Launches Public Testnet for Arc Blockchain with Over 100 Partners
Circle's Arc testnet goes live with over 100 major financial institutions like Visa and BlackRock participating.
Crypto
BlackRock Expands into the Stablecoin Sector with Revamped Fund
BlackRock is entering the stablecoin market through a newly redesigned money market fund, aligning with the GENIUS Act to offer a secure mechanism for stablecoin issuers.
Crypto
Exploring the Use of Stablecoins in Africa: A Financial Lifeline Against Inflation
Stablecoins like USDT and USDC are transforming financial practices in Nairobi and Lagos, allowing individuals to mitigate inflation and reduce remittance costs.
Crypto
Asia Morning Update: Native Markets Secures Approval for USDH Launch
Native Markets is set to begin offering USDH on Hyperliquid, following a significant validator vote. This new stablecoin aims to compete directly with USDC as Bitcoin and Ethereum report rising prices.
Crypto
Circle's USDC Market Share Surges Ahead of Wall Street Predictions
Circle's USDC supply has reached $72.5 billion, exceeding Bernstein’s forecasts for 2025 by 25%.
Crypto
Hyperliquid Advances Towards Launch of Its Own Stablecoin
Hyperliquid, a prominent decentralized exchange, is set to introduce a proprietary stablecoin to minimize reliance on USDC and enhance revenue generation from reserve assets.
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.
Blockchain
Major Financial Institutions Complete Landmark U.S. Treasury Financing Using Tokenization
The first-ever round-the-clock settlement of U.S. Treasuries utilizing tokenized assets and USDC has been achieved, marking a significant milestone in financial technology.
Crypto
Recent Growth in Stablecoin Supply Reflects Strong Crypto Market Activity
The combined market value of the leading stablecoins, USDT and USDC, surged to record levels this week, indicating increasing investment in cryptocurrency markets.
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.
Crypto
Coinbase Pushes for Greater Adoption of USDC in Payments and Financial Services
A recent report highlights how Coinbase is enhancing its infrastructure to promote the use of USDC across various sectors.
Crypto
Ivy Integrates Circle's USDC and EURC for Instant Payments
Ivy, a German payments startup, has enhanced its platform by incorporating Circle's USDC and EURC stablecoins, enabling instant transactions across Europe.
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
Anchorage Digital Refines Stablecoin Strategy, Faces Industry Backlash
Anchorage Digital announces the cessation of USDC and AUSD support over security concerns, igniting disputes with industry executives.
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
Understanding the Role of Stablecoins in Polymarket's Growth
Polymarket is gaining significant valuation, led by a surge in demand for stablecoins like USDC, which are vital for its transaction processing.
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
Rain and Toku Launch a Global Payroll System with Stablecoin Payments
Rain collaborates with Toku to introduce a stablecoin payroll system aimed at facilitating instant payments for global employees.
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.
