Circle files for IPO to raise up to $624 million amid stablecoin growth

Price range set between $24. 00 and $26. 00 per share. Offering led by J. P. Morgan, Citigroup, and Goldman Sachs. 9. 6 million shares offered by Circle, 14. 4 million by existing holders.

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Circle cofounder raises $18M for AI-native banking startup Catena Labs

Circle cofounder Sean Neville’s new venture, Catena Labs, has raised $18 million to build an AI-native bank. On May 20, Circle cofounder Sean Neville announced that his startup Catena Labs has raised $18 million in a seed funding round led…

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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…

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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.

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Cardano Creator Speaks Out on $3 Million USDC Integration Deal

Cardano boss Charles Hoskinson first time ever reveals how USDC deal with Circle failed

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Vitalik Buterin donates nearly $1m USDC from meme swaps

Ethereum co-founder Vitalik Buterin transferred almost $1 million in Circle stablecoin USDC to his biotech fund donation address, Kanro.

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Tether and Circle generate $664 million in December revenue commanding stablecoin market

The crypto industry saw significant on-chain revenue in December, with stablecoin issuers taking the lion’s share, according to data from DeFiLlama. These issuers collectively earned over $664 million, representing over 40% of the $1.

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Circle and Binance team up to boost global USDC adoption

Binance will adopt USDC into its corporate treasury and make the stablecoin more widely available to its 240 million users Circle will help Binance build relationships across the finance and commerce landscape Circle’s USDC is compliant with stablecoin regulations in Europe and Canada Binance and Circle have entered a partnership designed to boost the adoption […] The post Circle and Binance team up to boost global USDC adoption appeared first on CoinJournal.

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YouTuber MrBeast allegedly netted $23m from crypto scams

MrBeast and members of his YouTube influencer circle allegedly profited millions of dollars from questionable crypto deals, according to a group of on-chain investigators. With 320 million YouTube subscribers, James Stephen “Jimmy” Donaldson, also known as MrBeast, is one of…

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Hackers apparently steal $20m from US government wallets

U.S. government crypto wallets may be compromised, as observers alerted the public to suspicious on-chain transactions. According to Arkham, unknown hackers have possibly stolen $20 million in seized cryptocurrencies like Ethereum (ETH), Tether (USDT), and Circle USD Coin (USDC) from…

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Robinhood And Revolut Consider Entering The $170 Million Stablecoin Market – Report

According to a Bloomberg report, crypto trading platform Robinhood and financial technology company Revolut are exploring the launch of their own stablecoins. The potential move from Robinhood and Revolut comes amid growing pressure from regulators in Europe, which could loosen the dominance of Tether, the largest stablecoin issuer in the market. Tether And Circle Prepare […]

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Circle Faces Backlash for Slow Response in $5 Million Lazarus Group Fund Freeze

Stablecoin issuers, including Tether, Circle, Paxos, and Techteryx, have frozen nearly $5 million linked to North Korea's Lazarus Group. The post Circle Faces Backlash for Slow Response in $5 Million Lazarus Group Fund Freeze appeared first on BeInCrypto.

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Gameplay Galaxy raises $24M seed round for Web3 gaming platform

Blockchain Capital and Merit Circle backed the additional funding, bringing the total raised in the round to $24 million.

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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.

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BlackRock’s BUIDL fund now convertible to USD Coin (USDC) after Circle integration

Circle enables BUIDL share conversion to USDC with new smart contract functionality. BlackRock’s BUIDL investors can convert their shares to USDC 24/7. BlackRock’s BUIDL fund saw $240 million in first-week investments.

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How Tron's revenue hit an all-time high despite USDC exit

Tron’s daily network revenue reached an all-time of $2 million on the 20th of February. This was the same day Circle stopped minting its USDC stablecoin on the network.  Tron’s [TRX] daThe post How Tron's revenue hit an all-time high despite USDC exit appeared first on AMBCrypto.

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USDC circulation decreases by a further 300 Million in 24 hours

Quick Take As per recent data analysis, USD Coin (USDC) is witnessing a significant contraction in its circulating supply. The second-largest stablecoin has dipped below the 25 billion mark, a low not seen since 2021, due to the decision by its issuer, Circle, to halt minting services for retail consumers.

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Grab, Uber’s Southeast Asian rival, debuts Web3 services with Circle

Grab, Southeast Asia’s Uber-like super app, is working with the USDC issuer Circle to enable Web3 services for its 187 million users.

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USDC Circulating Supply Falls by $100 Million in a Week

The circulating supply of USDC has fallen dramatically in the past week as Circle faces stiff competition Tether and smaller rivals. The post USDC Circulating Supply Falls by $100 Million in a Week appeared first on BeInCrypto.

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Circle, Tether freeze over half of the $126M assets stolen from Multichain breach

Circle and Tether have blacklisted five addresses containing $67. 5 million worth of assets stolen from Multichain on July 7. USD Coin (USDC) issuer Circle froze three accounts holding $65 million worth of stolen assets, including 63 million USDC, PeckShield tweeted.

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Circle Intervenes, Freezes $63 Million From Multichain Hack

Circle, the official issuer of USDC, the second largest stablecoin by circulating supply, has frozen $63 million from the Multichain hack. Compiled Etherscan data on July 7 shows that the stablecoin issuer froze $27.

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Voyager redeems $150M of USDC to fiat through Circle

Arkham Intel has reported that Voyager has initiated converting its USDC holdings into fiat currency by redeeming $150M via Circle’s service, also reporting that Coinbase had transferred $150 million in USDC to Circle.

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Voyager Continues Liquidating Crypto Assets for Circle’s USDC Stablecoin

Amid its ongoing bankruptcy case, Voyager has liquidated more than $80 million since March 8, according to on-chain data sourced from Arkham Intelligence.

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Fixed Income DeFi Platform Term Finance Readies for Business

Term Labs, the platform's builder, raised a $2.5 million seed round led by Electric Capital with participation from Coinbase Ventures, Circle Ventures and others.

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Circle reports an increase in USDC stablecoin circulation

On Feb. 23, in response to the BUSD incident, Circle reported a significant increase in the circulation of their stablecoin, USDC. They have issued 2.1 billion and redeemed 1.5 billion coins, resulting in a net circulation increase of $600 million…

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MakerDAO Passes Proposal To Deploy $100 Million USDC In Yearn Finance Vault

In the hopes of generating yield while offering users what its best known for, MakerDAO, the issuer of the Ethereum-based stablecoin, DAI, has approved a proposal to deploy $100 million of Circle’s USD Coin (USDC) in a Yearn Finance yield-generating account called a “vault.

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Former FTX.US president raises $5 million seed round for new venture Architect

Former FTX president Brett Harrison has announced his new project has raised $5 million from investors. Backers include Coinbase Ventures, Circle Ventures and SV Angel among others. Architect is buildig new institutional-grade trading technology.

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Swiss web3 project raises $8.5m from Circle and others to launch blockchain bonds

Obligate (formerly FQX) has raised $8.5 million from Circle Ventures, Blockchange Ventures, SIX Fintech Ventures, and others in a seed extension funding round. The capital will enable Obligate to launch its blockchain-based bonds and commercial paper issuance platform for companies.…

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Circle reveals level of exposure to FTX; should USDC holders be worried?

Circle has alluded to over $10 million exposure to FTX It also hinted at the loss suffered due to Binance’s auto conversion In a recent Twitter post, Circle's Jeremy Allaire said that USDCThe post Circle reveals level of exposure to FTX; should USDC holders be worried? appeared first on AMBCrypto.

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Stablecoin Heavyweights Circle and Tether Distance Themselves From FTX, Alameda

FTX was one of the investors in Circle's 2021 financing round of $440 million.

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WalletConnect secures $12.5 million in an ecosystem funding round

Web3 communications protocol company, WalletConnect, announced raising $12. 5 million in an ecosystem round, with participation from Shopify, Coinbase Ventures, ConsenSys, Circle Ventures, Polygon, Uniswap Labs Ventures, Union Square Ventures, 1kx, HashKey, Foresight Ventures, and others.

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Merit Circle Set To Burn $147 Million Worth Of MC Tokens

In a new development, the prominent player in gaming and metaverse, Merit Circle, is moving to sustain its value, The DAO voted to burn all MC tokens left in its Community Incentives wallet. This process serves to cut down the project’s total token supply.

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Gaming DAO Merit Circle to Burn Nearly $170M Worth of MC Tokens

Decentralized autonomous organization (DAO) Merit Circle has voted to burn $169 million worth of its native token.

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Blockchain Development Platform Tatum Raises $41.5M From Octopus, Circle, Others

Blockchain development platform Tatum has raised $41.5 million in funding from Octopus Ventures, Circle, Leadblock Fund and founders of crypto exchange Bitpanda, among others.

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Merit Circle Settles for $1.75M; DAO Votes Yield Guild Games Out

Merit Circle and seed investment company Yield Guild Games (YGG) have agreed to a $1. 75 million settlement after ordinary investors voted to kick YGG off the project.   The post Merit Circle Settles for $1.

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DoraHacks Secures $20M Funding To Scale Its Global Web3 Startup Platform

FTX Ventures and Liberty City Ventures led a $20 million Series B1 investment in DoraHacks, the global hacker movement, and one of the most active Web3 developer incentive platforms. The round was joined by Circle Ventures, Gemini Frontier Fund, Sky9 Capital, Crypto.

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BlackRock, Fidelity and Others to Invest $400M in Stablecoin Issuer Circle

Stablecoin issuer and renowned crypto firm Circle has secured a $400 million funding round led by several investment managers and other financial companies, notably: BlackRock, Inc., Fidelity, Fin Capital, and… The post BlackRock, Fidelity and Others to Invest $400M in Stablecoin Issuer Circle appeared first on CoinCentral.

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Circle to raise $400M in BlackRock-led funding round

Circle Internet Financial Ltd, the payments company behind the USD Coin (USDC), has signed an agreement to raise $400 million in a new funding round. The post Circle to raise $400M in BlackRock-led funding round appeared first on CryptoSlate.

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Circle Raises $400M as BlackRock Explores USDC

BlackRock and Fidelity headlined the stablecoin issuer's latest funding round, which follows a $440 million raise from last May.

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Stellar Helps Fintech Firm Raise $145 Million to Expand Crypto Capabilities After Its Partnership with Visa and Circle

Tala lending app has raised $145 million from Stellar to increase the company's crypto offerings and capabilities for the unbanked; the firm is now valued at $800 million

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USDC Issuer Circle Cooperates With The SEC After Receiving Investigative Subpoena

USDC Issuer Circle has disclosed that it is under investigation by the SEC. The company says that it is “fully cooperating” with the Commission regarding the investigation. Circle had crossed paths with the SEC after it was fined $10 million for the infringements of its ex-subsidiary, Poloniex.

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Circle Reserves Over $10 Million to Settle SEC’s Case Against Poloniex

Circle also disclosed in a regulatory filing with the SEC that it is being investigated by the US Treasury Department’s Office of Foreign Assets Control (OFAC), which enforces US sanctions. The post Circle Reserves Over Million to Settle SEC’s Case Against Poloniex first appeared on BitcoinExchangeGuide.

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To Settle SEC Case Against Poloniex, Circle Allocated $10.4 Million

Cryptocurrency operator Circle has allocated $10.4 million to SEC and Poloniex case

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Circle to SPAC IPO, Raising $1 Billion

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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

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Circle Completes $440 Million Financing to Drive Growth and Market Expansion

Circle, a global financial technology firm that provides payments and treasury infrastructure for internet businesses, today announced it has raised $440 million in financing from...

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Circle Captures $440 Million in Financing, Rumors of SPAC Deal Follow

The Boston-based cryptocurrency finance firm Circle has announced the company has raised $440 million in financing in order to “drive market expansion and growth. ” The investment was led by prominent finance firms like Digital Currency Group, Fidelity Management and Research Company, and FTX.

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Circle Secures Largest Investment Round in Crypto History, Totaling $440M

Circle, creator of the USD Coin (USDC) has made history by securing $440 million in private investment funds. The largest investment round recorded. The post Circle Secures Largest Investment Round in Crypto History, Totaling $440M appeared first on BeInCrypto.

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Circle Completes Mammoth $440 Million Funding Round

Circle has raised a whopping $440 million during a monstrous funding round

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