Circle Stock Jumps as Stablecoin Issuer Wins Final Federal Banking Charter Approval
In brief Circle secured final OCC approval to establish a national trust bank, shifting its $73.2 billion stablecoin to a unified federal framework. The milestone...
Tag : Circle
Criminal Complaint Against Circle Puts USDC Freeze Policy Under a Microscope
A criminal complaint filed by Wisconsin prosecutors against Circle, the company behind USDC, has put an uncomfortable question back in the spotlight. Why does the...
Circle faces July 18 GENIUS Act test as CRCL stock risks fresh slide
Circle stock has remained under pressure ahead of the July 18 deadline for U.S. regulators to publish implementation rules for the GENIUS Act, while technical...
Standard Chartered, Circle bring USDC minting onto banking rails
Standard Chartered and USDC issuer Circle have developed a system that lets institutional clients mint and redeem the USDC stablecoin through a bank-led onboarding process....
Crypto News, July 2: Circle USDC Hit by Blackrock and Ripple XRP Backed OUSD, Bitcoin and Ethereum Price Recovering
Market do what market does, crypto is looking slightly better after taking a few beatings last month. Price is grinding higher despites few unsupporting metrics,...
CRCL Sell-Off 'Looks Overdone' Say Analysts as Circle CEO Addresses Open USD Threat
In brief CRCL shares fell 18% on Tuesday amid news of a major stablecoin launch coming later this year. Analysts at Clear Street though don’t...
Circle CEO touts USDC's network advantage as OUSD emerges
Circle CEO Jeremy Allaire argued that USDC’s decade-long network of integrations, liquidity and regulatory infrastructure gives it a structural advantage over new stablecoin entrants, while...
Circle tumbles as BlackRock backs rival revenue-sharing stablecoin
Circle Internet Group shares have dropped more than 17% after a consortium backed by BlackRock, Google, Visa, Coinbase, and more than 140 other companies unveiled...
Circle Stock Dives as Coinbase, BlackRock and Visa Back Open USD Stablecoin
In brief More than 140 companies have teamed up and revealed Open USD, a new stablecoin run by an independent operator called Open Standard. It...
ARK buys Coinbase, Circle, Bullish and Robinhood as stocks rally
Cathie Wood’s ARK Invest bought more shares of Coinbase, Circle Internet Group, Bullish and Robinhood on Monday as crypto-linked stocks moved higher. Summary ARK bought...