Circle overtakes BlackRock in tokenized Treasuries as market hits record $11 billion

Circle’s USYC tokenized U.S. Treasury fund has grown to $2.2 billion, surpassing BlackRock’s BUIDL fund as investors increasingly seek onchain yield and collateral.

66 +

Circle’s Cross-Chain USDC Trading Hits All-Time High at $7.7 Billion

Circle's CCTP set a new record with $7.7 billion bridged in May, fueling IPO ambitions and highlighting growing demand for stablecoin utility. The post Circle’s Cross-Chain USDC Trading Hits All-Time High at $7.7 Billion appeared first on BeInCrypto.

395 +

Ripple $20 Billion USDC Bid Might Be off as Circle Officially Files for IPO

Ripple USDC deal now uncertain as Circle moves forward with NYSE IPO

301 +

Circle Likely to ‘Sell in a Heartbeat’ to Coinbase for $5 Billion as XRP-Rich Ripple Lurks

According to new reports, Circle, the peer-to-peer payments technology firm managing the stablecoin USDC, is informally in talks with Coinbase Global and Ripple Labs over the possibility of a long-term acquisition.

136 +

Ripple raises offer for Circle as stablecoin race intensifies

The deal would give Ripple control over USDC’s $61 billion market cap. The proposed $11 billion valuation would make it one of the largest transactions in crypto history. Coinbase may also enter the race with $8 billion in cash reserves.

246 +

'$10 Billion Deal Not Crazy': XRP Lawyer Reacts to Ripple-Circle (USDC)

XRP lawyer John Deaton reveals why Circle may have rejected Ripple USDC bid, and why it is not end yet

301 +

XRP Army Not Buying Rumors About Ripple's $20 Billion Offer to Circle

Yet another outlandish XRP-related rumor is spreading like wildfire on social media

298 +

Here’s what happened in crypto today - Ripple’s bid for Circle, BTC, & more

BTC consolidated tightly around $95K ahead of Friday’s U.S. Jobs report.  Ripple's offer to acquire Circle for $5 billion was reportedly rejected as ‘too low.’ Bitcoin [BTC] extended The post Here’s what happened in crypto today - Ripple’s bid for Circle, BTC, & more appeared first on AMBCrypto.

431 +

Ripple Offered to Buy Circle for $5 Billion, Bitcoin Facing Quantum Threat, Analyst Warns; XRP Rockets 5,438% in Abnormal Liquidations Imbalance in Just One Hour: Crypto News Digest by U.Today

Read the hottest crypto news from the last day of April in U.Today's news digest!

340 +

Ripple's failed $5 billion bid for Circle - The consequence for XRP's future

Ripple reportedly attempted to acquire rival Circle for $4B-$5B.  XRP price was above the short-term support of $2.1 — Is $2.4 the next target?  Ripple’s [XRP] $5 billion to acquire riThe post Ripple's failed $5 billion bid for Circle - The consequence for XRP's future appeared first on AMBCrypto.

241 +

Ripple’s $4 – $5b offer to acquire Circle is too low: Bloomberg

Ripple proposed an acquisition of stablecoin rival Circle Internet Group Inc. for $4 billion to $5 billion. Circle rejected the offer for being too low, according to Bloomberg. The two companies held talks in recent months, though Ripple has not…

329 +

Breaking: Ripple Offered to Buy Circle for $5 Billion. Here's What Happened

According to a Bloomberg report, $5 billion was the upper end of the offer range

319 +

Circle to enable USDC on Monad mainnet on day 1

Circle will deploy its stablecoin, cross-chain transfer protocol, and wallet on layer 1 blockchain Monad’s mainnet when it goes live. Circle and Monad Foundation have announced that USDC (USDC), the $60 billion stablecoin natively available on most blockchains in the…

471 +

ICE partners with Circle to bring $30bn USDC, tokenised funds into global markets

Intercontinental Exchange (ICE), the $70 billion operator of the New York Stock Exchange, is taking a major step towards integrating stablecoins and tokenised funds into the core of traditional finance.

238 +

USDC hits record $60B market cap, surpassing 2022 high and outpacing USDT growth

Circle’s USDC stablecoin has reached a record $60 billion market cap, surpassing its previous high of $55 billion in June 2022. USD Coin (USDC) has reached a new historical high, surpassing a $60 billion market cap and outpacing its main…

222 +

Circle mints another 250M USDC on Solana, bringing 2025 total to $8B

Circle has minted another 250 million USDC on Solana, pushing its 2025 total issuance to 8 billion USDC as demand for regulated stablecoins grows. The latest 250 million USDC mint was reported by on-chain analytics firm Spot On Chain in…

148 +

Solana Price Prediction: 10X Rally Possible? $6 Billion Network Expansion Since 2025 for SOL – Can This Spark the Rally?

Solana’s network is expanding fast, with Circle minting another 250 million USDC, bringing the total to $6 billion this year. Stablecoin supply on Solana jumped 112% in January, hitting a record $11.

270 +

Circle’s USDC supply reaches new ATH of $56 billion

Circle’s USD Coin (USDC) has reached a new milestone, surpassing a total supply of $56 billion. The stablecoin’s rapid expansion reflects growing market demand, with $10 billion in fresh USDC entering circulation in the last month alone.

167 +

USDC supply surpasses $50 billion as users increasingly prefer Solana blockchain

Circle’s USD Coin (USDC) has achieved a major milestone, with its circulating supply surpassing $50 billion for the first time in three years. DeFillama’s data shows that USDC’s supply hit approximately $51 billion on Jan.

291 +

Circle acquires Hashnote, plans to integrate USYC

Circle acquires Hashnote for an undisclosed amount and plans to integrate USYC as collateral on crypto exchanges Hashnote manages the largest Treasury note money market fund with $1. 2 billion under management Stablecoin issuer, Circle, has acquired Hashnote, a regulated asset manager that offers investors structured crypto products.

168 +

Circle Enters Tokenization Race by Acquiring Hashnote, $1.3B Real-World Asset Issuer

Circle also said it will bring the $48 billion USDC stablecoin to the Canton Network and struck a partnership with crypto market maker Cumberland DRW to provide liquidity for USDC and USYC tokens.

283 +

Former Binance.US chief raises $20M for stablecoin network

The stablecoin market, which is dominated by Tether and Circle, is worth more than $214 billion.

212 +

USDC Enters 2025: $20 Trillion Volume, 78% Growth

USDC by Circle, second-largest stablecoin, is utilized by over half a billion clients worldwide

234 +

How USDT, USDC played a part in Bitcoin, crypto-market's fall and recovery

USDT and USDC grew almost $3 billion amidst crypto market's downturn Tether's USDT recorded $1.5 billion deposits while Circle's USDC noted figures of $820 million Despite positive performanThe post How USDT, USDC played a part in Bitcoin, crypto-market's fall and recovery appeared first on AMBCrypto.

338 +

Circle Said to Be Trading Around $5B Valuation Ahead of Planned IPO: Sources

The issuer of stablecoin USDC was valued at as much as $9 billion when it first tried to go public in a failed SPAC deal in 2022.

190 +

Circle minted $250m USDC on Solana

In the past week, Circle has injected nearly $1 billion in fresh liquidity into the Solana ecosystem. 

310 +

Binance converts $1B emergency fund to USDC

Binance has converted $1 billion of its emergency user safety fund to Circle's stablecoin, although the exchange did not explain why. The post Binance converts $1B emergency fund to USDC appeared first on Crypto Briefing.

291 +

Ripple to launch USD-pegged stablecoin 

Ripple will launch a new stablecoin pegged to the U.S. dollar, entering the $150 billion market dominated by Tether and Circle.

322 +

Circle’s USDC issuance falls 3 billion from Binance stablecoin conversions

Circle attributed its miscalculated financial projections to Binance implementing USDC to BUSD auto-conversions and the recent collapse of FTX.

222 +

Circle’s $9 Billion SPAC Deal Postponed Once Again; Merger to Take Effect in January 2023

The Circle-Concord Merger has been delayed the second time due to procedural issues. New SEC Filing Reveals Another Delay in the Anticipated $9 Billion Merger Circle has announced another delay of its $9 billion merger with the special purpose acquisition…

410 +

USDC market cap down significantly- Everything latest to know

Since the Tornado Cash affair, Circle's USDC stablecoin's market valuation has fallen precipitously. The market capitalization of USD Coin (USDC), which fell from $53. 3 billion to just under $43.

481 +

Money streaming protocol Zebec raises an additional $8.5M

Zebec, the first programmable cash flow protocol on the Solana network, has raised $8. 5M USD at a fully diluted valuation of $1 Billion. The investors include Circle Ventures, Shima, and Resolute.

513 +

Stablecoin issuers hold more US debt than Berkshire Hathaway: Report

Tether, Circle and other stablecoin firms held $80 billion worth of short-term U.S. government debt as of May 2022, more than owned by Warren Buffett’s Berkshire Hathaway.

226 +

USDC on Avalanche Achieves $1 Billion Milestone: Details

USD Coin by Circle Inc. smashed through an important milestone outside Ethereum (ETH)

337 +

‘Correctly’ Was Wrong: Circle’s Accountant Tweaks Fine Print of USDC Attestation

Grant Thornton has switched from calling the $52.3 billion stablecoin’s reserve accounts “correctly stated” to the more equivocal “fairly stated.” Here’s why that matters.

437 +

Circle Doubled Its Value To $9 Billion With New SPAC Deal

On Thursday, US-based financial firm Circle announced that its new SPAC deal with Concord Acquisition Corp to list on Wall Street had ballooned its value to $9 billion. Concord, a blank-checked company, is led by former Barclays boss, Bob Diamond.

469 +

Circle's USDC stablecoin gobbles Tether's market share with 50B milestone

The 50 billion USDC circulating milestone has increased Circle’s share of the stablecoin market to almost 30%.

306 +

61% of USDC Reserves in Cash and Cash Equivalents, Reveals Circle’s Transparency Report

With a market cap of nearly $26. 9 billion, USDC is the second-largest stablecoin capturing 23. 57% of the stablecoin market share, up from 9. 15% a year back. This year alone, USDC in circulation has grown by over 2,600%.

462 +

USDC stablecoin issuer to go public with valuation at $4.5 billion

US-based cryptocurrency holding Circle plans to go public by the end of 2021 by merging with Concord Acquisition Corp. The combined company is valued at $4.5 billion.

275 +

Circle to Go Public via Bob Diamond-Backed SPAC Deal — Boston Firm Valued at $4.5 Billion

The Boston-based crypto financial company Circle has announced the firm plans to go public this year in a merger with Concord Acquisition Corp. Circle revealed the news on Thursday and noted that the company expects to close the deal in Q4 with a valuation of $4.

412 +

Circle to SPAC IPO, Raising $1 Billion

421 +

USDC-Operator Circle Plans to go Public, Valued at $4.5 billion

As Circle plans to go public, the operator of one of the world’s fastest-growing stablecoin—USDC– is now valued at a whopping $4.5 billion, a press release on July 8 indicates. Concord and Circle Join Hands The stablecoin backer will combine business with Concord Acquisition Corp, an NYSE-listed special purpose vehicle (SPV) with $276 million in trust.Read More

479 +

USDC Issuer Circle Going Public via SPAC at a $4.5 Billion Valuation

Upon closing of the transaction, over $1. 1 billion in total will be provided to Circle with participation from Marshall Wace, Fidelity, Adage Capital Management, ARK Investment, and Third Point. The post USDC Issuer Circle Going Public via SPAC at a .

293 +

Circle CEO: USDC circulation has exceeded 3.3 billion

Jeremy Allaire, CEO and founder of digital currency company Circle, took to Twitter to share that the circulating amount of the USDC stablecoin is now over 3.3 billion. According to the CEO:  Just aThe post Circle CEO: USDC circulation has exceeded 3.3 billion appeared first on AMBCrypto.

403 +

Escalating demand: Circle adds 300 Million USDC to circulating supply in six days

The second most popular stablecoin USD Coin has experienced tremendous weekly growth after adding 300 million USDC to the circulating supply, bringing the total to 3. 3 billion USDC. The growth has been linked to high demand for USDC in the crypto market.

307 +

USDC Grows 10% Week on Week to Over $3.3 Billion Across Chains

USDC has increased its overall market cap by almost seven times from $469 million to over $3. 27 billion in 2020. In addition, USDC is also seeing aggressive week over week growth. Circle co-founder and CEO Jeremy Allaire recently stated on Twitter: “Just a week ago we shared that USDC had crossed 3 billion in circulation.

463 +

Circle Issues More Than 300 Million USDC in Less Than Week

Jeremy Allaire from Circle tweeted that the circulating amount of USDC stablecoin is now well over 3.3 billion as more than 300 million were added in less than a week

354 +

Circle Introduces High Yield Interest Rate Accounts on the Fastest Growing Stablecoin

Over the past eight months, the market cap of USDC has surged a whopping 560%. Before the violent sell-off at the beginning of March, this stablecoin was a mere $445 million, which is ready to hit $3 billion, as per CoinGecko.

353 +

Circle Looks to Offload Crowdfunding Platform, Focus on USDC Stablecoin

What was once a cryptocurrency trading behemoth has now gradually become a company focused on developing its stablecoin with a consortium of other companies. Circle, which oversaw almost $24 billion of cryptocurrency trade in 2018, has sold Poloniex and its OTC desk and is now looking to sell its crowdfunding platform, SeedInvest, as reported byRead MoreRead More.

406 +