Tag: Circle

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Bullish (BLSH), Coinbase (COIN), Circle (CRCL) slide as SEC delay weighs on tokenization trade

The moves followed CoinDesk's report late Thursday that the Securities and Exchange Commission (SEC) was set to further delay its anticipated “innovation exemption,” which...

Circle is mispriced as stablecoins head toward trillions

The big picture: In an interview on CoinDesk’s Public Keys, Bitwise Head of Research Ryan Rasmussen said investors are underestimating Circle’s opportunity as stablecoins...

Circle (CRCL) slides after Morgan Stanley slashes price target to $38 from $106

Morgan Stanley downgraded shares of Circle Internet (CRCL) to underweight from equal-weight on Monday and cut its price target to $38 from $106, citing...

Visa backs Open USD with new stablecoin platform as Circle (CRCL) faces fresh competition

Visa introduced a new platform aimed at making it easier for banks, fintech companies and crypto firms to build products using stablecoins, expanding its...

Open USD poses new threat to Circle by challenging USDC’s core business model, CoinShares says

USDC's circulating supply has fallen to about $73 billion from nearly $80 billion in March, trimming its share of the roughly $312 billion stablecoin...

Credit card giant JCB teams up with Circle to bring stablecoins to regular stores

They highlighted that stablecoins bring a wide range of benefits, including “reducing the burden of currency exchange for inbound tourists, further improving the efficiency...

Mizuho turns bearish on stablecoin issuer Circle, citing Open USD competition

Japanese investment bank Mizuho downgraded Circle (CRCL) to underperform from neutral and slashed its price target to $50 from $85, arguing that OpenUSD's business...

JPMorgan sees Hyperliquid partnership weighing on Circle, Coinbase

Hyperliquid is one of crypto's fastest-growing trading venues and the leading decentralized perpetual futures exchange. The platform processed more than $150 billion in trading...

Circle Wins Final OCC Approval for National Trust Bank

The stablecoin issuer received a charter for First National Digital Currency Bank, allowing it to custody digital assets and, eventually, hold USDC reserves under...

Circle (CRCL) Wins Final OCC Approval For National Trust Bank

Circle Internet Group secured final approval from the U.S. Office of the Comptroller of the Currency today, to establish a national trust...

Circle takes banking step with U.S. trust bank approval

Circle (CRCL), the issuer of the world's second largest stablecoin USDC, received approval from the U.S. Office of the Comptroller of the Currency (OCC)...

Circle (CRCL) Drops 15% After Open USD Stablecoin Launch

A coalition of more than 140 companies — among them Visa, Stripe, Mastercard, BlackRock, and Coinbase — announced today the formation of...