JPMorgan warns Hyperliquid deal could squeeze Circle and Coinbase
JPMorgan has lowered its earnings forecasts for Circle and Coinbase after a new USDC revenue-sharing agreement with Hyperliquid changed how income from the stablecoin’s reserves...
Tag : Circle
JCB signs Circle MOU to test stablecoin payments in Japan
Japan’s largest domestic payment network, JCB, has signed a memorandum of understanding with Circle to explore using USDC for cross-border payments and merchant transactions. Under...
Circle stock tumbles as US banks challenge CLARITY Act loophole
Circle Internet Group shares have dropped more than 2% in pre-market trading after US banking groups urged the Senate to tighten stablecoin provisions in the...
USDC issuer Circle wins final approval for US national trust bank charter
USDC stablecoin issuer Circle on Friday announced it received final approval from the US Office of the Comptroller of the Currency (OCC) to establish First...
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...
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...