Key Highlights Circle has launched Digital Asset-Backed Borrowing for eligible Circle Mint institutions, enabling them to deposit Bitcoin, mint cirBTC, and borrow USDC through third-party DeFi lending markets on Arc and Ethereum. Morpho is the first supported protocol, with an 86% liquidation loan-to-value threshold on Arc; Circle indicates Aave and other platforms will follow, though ...
Key Highlights The SEC’s five-year innovation exemption establishes a regulatory pathway for tokenized U.S. stocks to trade via automated market makers on public blockchains, requiring preservation of shareholder rights including dividends and voting. Goldman Sachs and Citizens analysts identify Coinbase as a primary beneficiary due to its existing tokenized-equity offering, institutional custody business, Coinbase Tokenize ...
Key Highlights Crypto derivatives tied to Anthropic’s anticipated IPO have reached nearly $80 million in open interest, with Binance accounting for roughly 40% of trading volume. Circle CEO Jeremy Allaire publicly urged Anthropic to go public, arguing that public-market scrutiny would strengthen governance and transparency for frontier AI companies. Anthropic confidentially filed for an IPO ...
Velocity Raises $10M Series A Extension, Valuation Reaches $200M London-based stablecoin infrastructure provider Velocity has secured an additional $10 million in Series A funding, bringing the total round to $48 million and valuing the company at $200 million post-money. The extension, announced on September 15, includes participation from Visa Ventures, Circle Ventures, Ripple, Haun Ventures, ...
Circle’s Chelsea Shirt Deal Exposes a 14-Month Regulatory Gap in UK Stablecoin Oversight On August 31, 2026, roughly 40,000 spectators inside Stamford Bridge watched Chelsea players take the pitch wearing shirts emblazoned with “$USDC by CIRCLE.” Millions more viewed the broadcast across 189 countries. The moment marked the first regulated cryptocurrency company to secure a ...
Circle Agrees to Acquire Tazapay for $400 Million in All-Stock Deal Circle has agreed to acquire Singapore-based payments company Tazapay for $400 million in an all-stock transaction, according to a September 8 announcement and accompanying U.S. regulatory filing. The acquisition is expected to close in 2027, subject to customary conditions and regulatory approvals, including clearance ...
The bid of Ripple for Circle could make XRP from a bridge currency a central financial infrastructure and redefine its role in global payment transactions. The integration of USDC and RLUSD would reduce frictional losses on the market and strengthen institutional acceptance. Ripple’s offer of $ 4 to $ 5 billion for the takeover of ...