Tag: Circle

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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...

Circle (CRCL) selloff may be ‘overreaction’ but Open USD faces adoption test

Still, he argued that the Circle's 16% selloff on Tuesday went too far."I think it is an overreaction," he told CoinDesk.He pointed to Paxos'...

Circle (CRCL) slides as Stripe, Coinbase (COIN) and BlackRock (BLK) back rival stablecoin network

With more institutions embracing stablecoins, the competition is increasingly shifting from issuing tokens to determining who controls the underlying infrastructure and network.Unlike most existing...

Wall Street’s BNY expands stablecoin ties with Circle, lets institutions mint and hold USDC

Unlike cryptocurrencies such as bitcoin, stablecoins are designed to maintain a fixed price pegged to a fiat currency, typically to the U.S. dollar and...

Ripple Launches RLUSD in Japan via SBI as Circle and Nomura Join Stablecoin Race

Ripple's RLUSD stablecoin went live in Japan on Tuesday after receiving approval from Japan's Financial Services Agency, becoming the first foreign-issued stablecoin classified under...

Circle Freeze on Zama’s Confidential USDC Locks $12.6M of User Funds in DeFi ‘Crossfire’

A court-ordered restraining order pushed Circle to blacklist Zama's cUSDC wrapper on Ethereum. The privacy protocol is not a defendant but every depositor in...

Tether’s U.S.-focused stablecoin grows 500% in a month, but still lags Circle, Ripple, Paypal

Stablecoin giant Tether's U.S.-focused digital dollar token USAT (USAT) expanded more than sixfold month-over-month in April, it still lags far behind its rivals.According to...

Even a mountain of T-bills won't save Tether and Circle from a sudden liquidity crisis, expert says

The head of digital assets and tokenization at one of Germany’s largest asset managers said that USDT and USDC are not stablecoins, from his...

Hyperliquid's USDC deal could supercharge HYPE, pressure Circle, Coinbase margins, analysts say

The revenue share deal could shift an estimated $160 million in revenue from Coinbase and Circle into Hyperliquid's ecosystem, Compass Point analysts said.

Circle Launches Agent Marketplace for DeFi-Native Service Discovery and Integration

Circle introduced Agent Marketplace as part of its Agent Stack, enabling autonomous agents to discover and pay for trusted services through programmable, usage-based economic...