Tagged: circle

May 19, 2025 @ 5:31 pm By JD Alois  |  

Circle has undergone several iterations during its existence (remember SeedInvest?), but its position in the stablecoin sector looks like a winner. Today, Circle is the second-largest stablecoin issuer in the dollar market with USDC, after Tether (USDT). However, Tether has received some criticism due to… Read More

May 9, 2025 @ 7:56 am By Omar Faridi  |  

The Ethereum (ETH) blockchain is poised for a transformative leap with the Pectra upgrade, activated on the mainnet on May 7, 2025. This update, combining the Prague and Electra upgrades, introduces a suite of Ethereum Improvement Proposals (EIPs) aimed at enhancing scalability, usability, and user… Read More

May 8, 2025 @ 5:47 pm By Omar Faridi  |  

Stablecoin and digital assets firm Circle has announced major updates to its Paymaster service, aligning with the recent Ethereum Pectra upgrade. On May 7, 2025, Jeremy Allaire, CEO of Circle, shared on X that Circle Paymaster now supports nearly any Web3 wallet across seven blockchain… Read More

May 4, 2025 @ 7:53 pm By Omar Faridi  |  

Enterprise blockchain firm Ripple, the payments Fintech behind XRP and the newly launched RLUSD stablecoin, recently tabled a $4 billion to $5 billion offer to acquire Circle, the issuer of the world’s second-largest stablecoin, USDC, according to Bloomberg. The bid, however, was swiftly rebuffed by… Read More

May 1, 2025 @ 8:32 pm By Omar Faridi  |  

Circle has announced that Sonic, a so-called “high-performance” EVM Layer-1 blockchain, will transition from the Bridged USDC Standard to native USDC while integrating support for Circle’s Cross-Chain Transfer Protocol V2 (CCTP V2). This upgrade, set to commence with a bridging pause on May 6, 2025,… Read More

April 29, 2025 @ 1:45 pm By Omar Faridi  |  

Circle Internet Group, Inc., a global financial technology company and stablecoin market participant, announced it has received In-Principle Approval (IPA) from the Financial Services Regulatory Authority (FSRA) of ADGM to operate as a money services provider. This IPA marks a significant step towards Circle securing… Read More

April 27, 2025 @ 12:38 pm By Omar Faridi  |  

Copper, a firm focused on digital asset custody, collateral management, and prime services has partnered with Circle, a global financial technology company and stablecoin market participant, to bring expanded USDC functionality to institutional clients “using Copper’s ClearLoop off-exchange settlement solution.” Their partnership with Circle allows… Read More

April 23, 2025 @ 5:59 am By Tony Zerucha  |  

From crypto firms seeking bank charters to Circle’s payment network and energy-hungry centralized cloud systems, Web3 figures comment on the news of the week. STABLE Act driving crypto firms to seek bank charters “Reports that Circle, BitGo, and even Coinbase are considering applying for bank… Read More

April 22, 2025 @ 8:53 am By Omar Faridi  |  

On April 21, 2025, stablecoin issuer Circle announced the launch of its  Circle Payments Network (CPN). Unveiled from the company’s headquarters on the 87th floor of One World Trade Center in New York City, this initiative marks a step toward transforming the global payments and… Read More

April 22, 2025 @ 7:46 am By Omar Faridi  |  

Circle and BitGo are preparing to apply for U.S. bank charters, according to a Wall Street Journal report. The report also indicates that digital assets firms Coinbase (NASDAQ:COIN) and Paxos are exploring similar paths, driven by evolving stablecoin regulations and a shifting political landscape under… Read More

April 19, 2025 @ 10:51 pm By Omar Faridi  |  

Circle, the issuer of USDC, has unveiled the Refund Protocol, a smart contract system designed to bring non-custodial refunds and on-chain dispute resolution to stablecoin payments. As explained in a blog post by Circle, this innovation addresses a critical gap in stablecoin transactions, which have… Read More

April 14, 2025 @ 7:46 am By Omar Faridi  |  

In a key achievement for decentralized finance (DeFi), Uniswap announced that Arbitrum, an Ethereum Layer 2 (L2) scaling solution, has become the first L2 to surpass $300 billion in trading volume on the Uniswap Protocol. This milestone, highlighted in Uniswap’s recent updates, underscores the growing… Read More

April 7, 2025 @ 7:10 am By Omar Faridi  |  

Circle has submitted its response to the Financial Stability Board’s (FSB) thematic peer review on the implementation of its global regulatory framework for crypto-asset activities. In this response, Circle outlines the importance of “having domestic regulations that allow consumers to benefit from global stablecoins while… Read More

April 2, 2025 @ 8:32 am By Omar Faridi  |  

Circle Internet Group, Inc., the issuer of the world’s second-largest stablecoin, USD Coin (USDC), has officially filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC). This move marks a significant milestone for the cryptocurrency industry, reflecting growing mainstream acceptance… Read More

March 30, 2025 @ 7:52 pm By Omar Faridi  |  

Bitstamp, which claims to be the world’s “longest-running” crypto exchange announced an expansion of stablecoin offerings, enhancing trading pairs for USDC and EURC in partnership with Circle, a provider of digital asset infrastructure and stablecoin solutions. This move reinforces Bitstamp’s commitment to providing its users… Read More

March 27, 2025 @ 2:32 pm By Omar Faridi  |  

Circle is pleased to announce that USDC and CCTP V2 are now live on Linea, reportedly making it the “first” blockchain to upgrade from Bridged USDC Standard to native USDC. According to stablecoin issuer Circle, this latest milestone enhances liquidity, security, and capital efficiency for… Read More

March 25, 2025 @ 10:17 am By Omar Faridi  |  

Circle Internet Group, Inc., a financial technology company and stablecoin market participant / issuer, announced its commitment to Japan by leveraging its Japanese entity, Circle Japan KK, and local partnerships to drive the adoption of Circle platforms and technologies in Japan. Circle’s partners in Japan… Read More

March 24, 2025 @ 1:57 pm By Omar Faridi  |  

The crypto market has faced a challenging period, with Bitcoin and other  cryptocurrencies experiencing price declines in recent months. However, one segment of the market has quietly defied this trend: stablecoins. The total market capitalization of stablecoins has been steadily rising, reflecting growing adoption and… Read More

March 14, 2025 @ 8:19 am By Omar Faridi  |  

Circle Internet Group, Inc., a financial technology firm and a stablecoin market participant, was reportedly the “first” firm in the crypto market to receive comprehensive licensing under the Bermuda Monetary Authority (BMA) in September 2021, through its regulated subsidiary, Circle International Bermuda Limited. Building on… Read More

March 6, 2025 @ 7:06 am By Omar Faridi  |  

Linea will reportedly be the “first” blockchain to have its Bridged USDC Standard implementation upgraded to native USDC by Circle. Linea will also gain support for CCTP V2 “following its upcoming mainnet launch.” Linea is a zkEVM Layer-2 blockchain powered by Consensys, built to scale… Read More