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Circle to Launch Stablecoin-Focused Blockchain Arc
Circle, the issuer of USDC, announced the launch of its own layer-one network, Arc. This information was revealed in the financial report for the second quarter of 2025. The blockchain is focused on stablecoin-based finance: payments, currency exchange, and capital markets. The network is EVM-compatible, with USDC serving as the native token for gas payments. […]Circle Expands USDC Adoption with Bybit and Ant Group Partnerships
Circle, the issuer of the USDC stablecoin, has entered into a revenue-sharing agreement with the cryptocurrency exchange Bybit. Simultaneously, fintech giant Ant Group is preparing to integrate the asset into its own blockchain platform. Partnership with Bybit The terms of the deal with the exchange remain undisclosed. However, such agreements are part of Circle’s strategy […]Circle Seeks U.S. Trust Bank License
Circle has submitted an application to the U.S. Office of the Comptroller of the Currency for a national trust bank license, according to Reuters. This new status would allow the firm to act as a custodian for its own reserves and hold crypto assets on behalf of institutional clients. However, the license would not permit […]Circle’s Market Capitalisation Surpasses USDC’s Valuation
As of the trading session on June 23, Circle’s market capitalisation rose to $63.9 billion, surpassing the market supply of its flagship product, the USDC stablecoin. The company’s shares gained approximately 10% in a day. The stock price peaked at $298 but closed at $263.5. Source: Yahoo Finance. On June 5, Circle went public. During […]Circle Launches USDC on World Chain Network
Circle, the company behind the second most popular stablecoin USDC, has launched the asset on Sam Altman’s World project network. Project representatives stated that around two million users of the World App wallet already possessed the “bridged” version of USDC, which has now been upgraded to a native version. The company has also deployed the […]Circle Shares Surge 168% on Debut Day
On June 5, Circle’s shares were listed on the NYSE under the ticker CRCL. On the first day of trading, the stock price soared by 168%, from $31 to $82. Data: Yahoo.Finance. In pre-market trading, CRLC added another 11.6% from the closing price, reaching $92.5 at the time of writing. The trading volume amounted to […]Circle Freezes $58 Million in Stablecoins Linked to LIBRA
Circle has frozen $57.6 million in USDC. The funds were held in two wallets associated with the meme coin LIBRA, according to analysts at Arkham. ALERT: $57M OF USDC ASSOCIATED WITH LIBRA FROZEN BY CIRCLE Two Libra accounts have just been frozen by Circle, including the Libra deployer wallet. These accounts contained a combined $57M […]We use cookies to improve the quality of our service.
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