Tag: Circle

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Circle and Sasai Fintech Collaborate to Expand Access to USDC Across Africa

Circle Internet Group, Inc., the company behind the widely adopted US Dollar Coin (USDC), has entered into a new strategic collaboration with Sasai Fintech,...

USDC Stablecoin Issuer Circle Unveils New Token to Give Bitcoin More Utility

In brief Circle is launching cirBTC, a wrapped Bitcoin alternative designed to unlock Bitcoin utility for institutions and investors. The token will first launch on Ethereum...

Drift Says Nonce Attack Drove Exploit as Circle Faces USDC Scrutiny

Drift Protocol, a Solana-based decentralized exchange (DEX), confirmed Thursday it was targeted in a roughly $280 million exploit, describing it as a “highly sophisticated...

Crypto’s CLARITY Act could be a headwind for DeFi tokens, benefit Circle

The latest version of the crypto bill Clarity Act is in the spotlight mostly because of its stablecoin rules. In practice, it may land...

CLARITY’s stablecoin yield ban shifts bargaining power from Coinbase to Circle

Circle (CRCL) was hit far harder than Coinbase (COIN) in Tuesday's sharp selloff due to the crypto bill CLARITY Act's latest stance on stablecoin...

Circle Urges EU to Ease Markets Framework for Crypto

Stablecoin issuer Circle has urged the European Commission to lower the barrier for institutions to engage with crypto-asset service providers in response to parts...

Circle Stock Dives as Rival Tether Secures Big Four Audit, Crypto Bill Threatens Stablecoin Yield

In brief Circle's CRCL shares dropped 20% on Tuesday following a recent surge in value for the firm's stock. Stablecoin giant Tether announced a long-awaited agreement...

Circle, Coinbase tumbles as regulators move to ban interest on stablecoins

Stablecoin issuer Circle's (CRCL) shares tumbled on Tuesday, after a draft version of U.S. stablecoin legislation raised concerns about limits on yield.The stock of...

UK Has Unique Opportunity to Merge EU, US Crypto Regimes: Circle Exec

Circle’s policy chief Dante Disparte told a United Kingdom House of Lords committee that the UK has a chance to build its crypto regime...

Circle (CRCL) overtakes BlackRock (BLK) as tokenized treasury market hits $11 billion

The fast-growing market for tokenized U.S. Treasuries has a new leader.Circle (CRCL), best known as the issuer of the USDC (USDC) stablecoin, has become...

Circle (CRCL) outpaces crypto stocks as stablecoin thesis gains momentum: William Blair

Circle (CRCL) has recently outperformed other crypto-linked equities, a move investment bank William Blair said reflects more than shifting macro conditions.“It is tempting to...