Key Highlights: Circle plans an ambitious global expansion targeting approximately 50 emerging and developing markets amid surging appetite for digital dollars. CEO Jeremy Allaire notes that blockchain technology is moving past the early adopter phase and entering a period of mainstream utility. With around $72.6 billion in circulation, Circle’s USDC holds roughly 25% of the ...
Key Highlights: Tereina, an SAP-backed financial services company, has entered a strategic partnership with Circle to embed stablecoin payments directly into enterprise workflows. The integration will debut within SAP Cloud ERP, allowing organizations to manage digital currency settlements alongside standard enterprise resource planning processes. Eligible businesses will be able to utilize USDC for U.S. dollar ...
Key Highlights: Cryptocurrency-linked equities including Circle, Coinbase, Strategy, and Bitmine Immersion Technologies faced premarket selling pressure as Bitcoin dropped below $83,000 amid escalating geopolitical tensions and rising Treasury yields. Technical analysis identifies key resistance levels for CRCL at $80.84 and between $81.30 and $81.40, with crucial downside support holding around $79.11 and $79. Circle continues ...
Key Highlights: Samsung Galaxy users can now transfer Circle’s $USDC directly to compatible external crypto wallets or eligible bank accounts across more than 60 countries. Transfers sent to bank accounts are delivered in the recipient’s local currency, with Samsung waiving fees for transfers to compatible wallets. Transactions require biometric authentication on registered Galaxy devices and ...
Key Highlights: Cryptocurrency exchange OKX has secured an undisclosed investment from Circle, Ripple, Qube Research & Technologies (QRT), and SC Ventures. The funding round extends a March deal led by Intercontinental Exchange (ICE) and maintains OKX’s pre-money valuation at $25 billion. OKX plans to use the capital to evolve beyond digital asset trading into an ...
Key Highlights: OKX secured new capital at a $25 billion valuation from quantitative hedge fund manager Qube Research & Technologies (QRT). Existing strategic backers participating in the financing include Circle, Ripple, and Standard Chartered’s SC Ventures. The injection expands an earlier March round featuring a $200 million investment from New York Stock Exchange parent company ...
Key Highlights: Circle is launching cirBTC, a 1:1 wrapped Bitcoin token designed to let institutions deploy BTC across decentralized finance (DeFi) without liquidating underlying holdings. Circle’s USDC led major stablecoins with an $881 million liquidity gain over a 90-day period ending Q3, according to data from the RWA Foundation. The dual expansion of Tether’s USDT ...
Key Highlights Binance processed $5 million to $10 billion in daily USDC spot trading volume throughout 2026, capturing 10-20 times more activity than most other exchanges which typically stay below $500 million daily. USDC’s market capitalization reaches approximately $74 billion, remaining the second-largest dollar stablecoin behind Tether’s USDT at roughly $140 billion. Circle is expanding ...
Key Highlights Circle and Tether froze approximately $320,000 in USDC and USDT stablecoins linked to the Bitget exchange hack, leveraging built-in blacklist controls. The attacker moved roughly 54 million XRP from the original five holding wallets overnight, reducing the balance from 70 million to 49 million tokens in eight hours. XRP traded near $1.54 on ...
Key Highlights Germany proposes a 50% default tax base for crypto assets acquired after December 31, 2026, combined with a flat 25% capital gains tax plus solidarity surcharge totaling 26.375%. Circle’s Patrick Hansen warns the framework will disproportionately hit retail investors who cannot provide clean acquisition cost documentation, potentially taxing nonexistent gains. The regime is ...
Key Highlights Circle minted approximately $500 million USDC on the Solana blockchain within a six-hour window, signaling strong stablecoin demand. The minting activity was flagged by on-chain analyst @SolanaFloor and coincides with Solana’s expanding role in tokenized finance and DeFi. Increased USDC supply on Solana is expected to boost network liquiduity, potentially influencing trading volumes ...
Key Highlights Binance acquired $100 million worth of Circle Class A shares at $80.84 per share in a private placement that closed September 17, per an SEC filing. The equity purchase accompanies a five-year expanded partnership where Circle will pay Binance monthly incentive fees tied to USDC holdings via Circle’s Modular Smart Contract Wallet. Binance ...