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USDC

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.

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.

Altcoins

Circle Stock Rises Dramatically: Key Factors Behind Its Surge

The stock of Circle CIRCL has surged nearly tenfold since its IPO, driven by increased demand from USDC interest, partnerships, and clearer regulations.

Finance

Circle Achieves Record Market Capitalization Approaching Coinbase

Circle's remarkable surge showcases the intensifying demand for stablecoins, with the company's valuation nearing that of crypto giant Coinbase.

Cryptocurrencies

ARK Invest Sells Additional $146.3 Million in Circle Shares Following Explosive IPO Surge

ARK Invest continues to offload Circle shares as the stablecoin's stock skyrockets post-IPO.

Crypto

Coinbase and Nodal Clear Collaborate to Use USDC in U.S. Futures

This collaboration aims to be the first to accept a stablecoin as collateral for futures in the United States.

Crypto

Shopify to Allow USDC Payments through Coinbase's Base for Global Merchants

Shopify is set to launch stablecoin payments for merchants via Coinbase's Base, beginning in mid-June.

Finance

World Chain Introduces Native USDC and Circle's Cross-Chain Service

World Network improves its capabilities by launching natively minted USDC and integrating Circle’s Cross-Chain Transfer Protocol.

Finance

Week Overview: Circle Achieves Milestone with IPO Surge

Circle, known for its USDC stablecoin, sets the stage for a potential summer filled with cryptocurrency IPOs.

Finance

Circle's IPO Pricing May Exceed Initial Expectations Amid Strong Investor Demand

Circle Internet Group's public offering could see its pricing surpass the $27 to $28 range due to significant investor interest, according to Bloomberg.

Adoption

Circle Celebrates a Successful $1.1 Billion IPO Prior to NYSE Launch

Circle's initial public offering raised over $1.1 billion, indicating a positive reception in traditional markets for crypto companies.

Finance

Circle Targets $7.2 Billion Valuation for Upcoming U.S. IPO Driven by Strong Investor Interest

Circle is increasing its IPO's share count and pricing amid considerable investor demand.

Crypto

Court Freezes $57 Million in USDC Tied to LIBRA Token Legal Case

A federal court in the US has temporarily frozen over $57 million in USDC related to a class action lawsuit concerning the controversial LIBRA token.

Africa

Weekly Crypto Update from Africa: Onafriq Chooses USDC, Nigeria Pursues Suspects from CBEX Failure, Phoenix Group Boosts Bitcoin Mining in Ethiopia

This week's prominent stories from Africa's crypto sector include Onafriq's USDC collaboration, Nigeria's action against CBEX fraudsters, and Phoenix Group's expansion in Bitcoin mining.