Tag #Circle
16 stories05.10
Circle's Arc transactions plunge nearly 70% from launch day despite $500M+ in stablecoins
More than $500 million in stablecoins has piled into Circle's Arc, but transaction activity has already fallen about 70% from its launch day peak.
22.09
Binance buys $100M Circle stake as US prosecutors probe its Iran controls
Circle once paid Binance $60 million to push USDC. Less than two years later, the crypto exchange has put $100 million back into Circle itself.
16.09
Circle minted 10B ARC tokens, but says they may never go live for public use
Circle minted 10 billion ARC tokens this week after selling more than 8% of the supply to institutions, but says a public token launch is still not guaranteed.
12.09
Coinbase calls permissioned blockchains 'cloud' days before Circle launches Arc
Coinbase CFO Alesia Haas questioned the value of permissioned blockchains days before Circle, one of Coinbase's closest partners, launches one.
30.07
Circle's unreleased Arc blockchain drew $10M in trading volume before access vanished
Traders turned Circle's officially unreleased Arc blockchain into a 3,000-token market before public access abruptly disappeared.
10.07
Circle's US trust bank approval opens path to competing with Coinbase
Circle secured approval for a national U.S. trust bank that could eventually custody crypto for banks.
09.07
Circle built USDC as crypto's clean dollar. Prosecutors say it rebuffed scam victims
Circle has long pitched USDC as the compliant stablecoin, but prosecutors in two states say the company declined requests to freeze stolen funds fast enough.
01.07
Circle CEO welcomed OUSD after explaining why it may not work
Jeremy Allaire published a 1,538-word post on X about OUSD, implying that the rival's logo-heavy consortium model won't simply work.
30.06
Circle stock drops 13% as Coinbase, BlackRock, Google, and others back new stablecoin
Circle's post-IPO glow took a hit after Coinbase, BlackRock, Google, Visa, Stripe and more than 140 other companies backed a new stablecoin.
29.06
USDC gets new Wall Street rail as BNY adds mint-and-burn services
One of the world's largest custody banks added USDC to its custody platform, giving clients a way to hold, mint and burn the stablecoin.
19.06
Aave eyes Circle's Arc blockchain with guaranteed $2M revenue
Aave is considering becoming one of the first DeFi protocols on Arc, under a proposal that guarantees at least $2 million in annual revenue.
08.06
Circle cirBTC brings USDC issuer into wrapped Bitcoin arms race
Circle's cirBTC launch puts the USDC issuer into a heated wrapped Bitcoin race where BitGo still leads and Coinbase has quickly become the main challenger.
30.05
Circle CEO slams Tether US stablecoin, says USAT has 'zero volume'
Jeremy Allaire criticized Tether U.S. stablecoin, saying USAT has "basically zero transaction volume."
14.05
Money wins. The Hyperliquid stablecoin war ends where it started
Hyperliquid tried to move beyond USDC with USDH, but the final deal looks more like a renegotiation than a retreat.
11.05
Circle unveils Arc whitepaper, ARC token utility design
The whitepaper says ARC would power staking, governance, fee capture and discounts on its planned Layer 1 blockchain.
11.05
Circle's Arc token presale raises $222M at $3B valuation
Stablecoin issuer Circle raised $222 million through a presale of Arc's native token, giving the USDC issuer more capital for its new blockchain.