Coinbase is reviving its Stablecoin Bootstrap Fund to enhance liquidity for USDC and EURC within the decentralized finance (DeFi) ecosystem. This strategic move aims to support on-chain market […]
Crypto Roundup: Do Kwon Pleads Guilty, Circle Unveils Arc & More
Get a snapshot of today’s biggest news in the cryptocurrency world. From legal developments to innovative blockchain launches, here’s a rundown on how Terraform Labs’ co-founder Do Kwon […]
Circle’s USDC Surpasses $65 Billion in Circulation, Driving Stablecoin Growth
Circle’s USD Coin (USDC) has reached a significant milestone, surpassing $65 billion in circulation as stablecoin adoption continues to surge. This increase is attributed to both consumer and […]
Circle’s Stock Soars 17% Following Q2 Revenue Boom: Stablecoin Adoption Fuels Market Optimism
Circle experienced a significant surge in its stock price, rising by 17%, following a substantial 53% year-on-year increase in revenue during the second quarter. This impressive growth is […]
GENIUS Act Establishes Federal Framework for Stablecoins: Implications for the Crypto Landscape
Circle CEO Jeremy Allaire announced that USDC has achieved full reserve status, bolstering its position as a leading stablecoin. This move highlights the importance of stable reserve management […]
Circle Stock Soars After Q2 Earnings Surpass Estimates
Circle stock experienced a notable surge following the company’s strong second-quarter earnings report, exceeding analysts’ expectations. With revenue hitting $658 million, surpassing the projected $647 million figure, Circle’s […]
Stablecoin Issuance on the Horizon: Banks Prepare for a New Era of Digital Payments
Major financial institutions like Bank of America and Citigroup are gearing up to launch their own dollar-backed cryptocurrency tokens, following President Donald Trump’s signing of the GENIUS Act […]
Transak Secures $16 Million Funding to Advance Stablecoin Payments Infrastructure
A leader in bridging TradFi and DeFi payments, Transak has secured a significant funding round of $16 million to scale its platform and further develop its stablecoin payment […]
Circle Unveils New Blockchain Platform for Stablecoin Payments
Circle, the US-based company behind the USD Coin (USDC) stablecoin, has announced plans to launch a new Layer-1 blockchain named Arc later this year. This innovative platform is […]
Transak Secures $16M to Expand Stablecoin Payments, Fuel Global Reach
Crypto payments provider Transak has secured a significant funding round of $16 million led by Tether and IDG Capital. This investment will be crucial for expanding its global […]
Circle Launches Arc Blockchain for Enhanced Stablecoin Payments
Circle, the company behind the popular USDC stablecoin, has announced a new layer-1 blockchain solution named Arc to bolster its position in the global stablecoin market. During their […]
Tether CEO Speaks Out Against Competitor’s Stablecoin Strategy
Tether CEO Paolo Ardoino recently voiced his opinions about competitor strategies on social media platform X, using a metaphorical comparison to describe their approach. In a post, he […]
Circle Launches ARC Blockchain: Could It Reshape Stablecoin Infrastructure?
Circle has taken a major step forward in revolutionizing the stablecoin landscape with the launch of its new blockchain, ARC. This innovative platform aims to redefine how stablecoins […]
Bakkt Shifts to Infrastructure Focus with $75 Million Funding Round
Bakkt Holdings is undergoing a significant strategic transformation, shifting from a consumer-focused model to a pure-play crypto infrastructure company after securing a $75 million capital raise. This move […]
Circle’s ARC Blockchain Remains Unconfirmed Despite Reports
While reports indicate Circle is preparing to launch its ARC blockchain project, a lack of official confirmation from the company remains a significant factor in market anticipation. Rumors […]