Tag
Circle
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Paying savers more could slow stablecoin growth, BIS paper finds
One basis point is 0.01 percentage points, a rate change too small for most savers to notice. A new working paper from the Bank for International Settlements (BIS)…
Bitget hacker moves $83 million in stolen XRP Ripple can’t freeze
Circle and Tether could hit a switch and freeze stolen stablecoins. Ripple can’t do the same for XRP. Right now, that gap is costing Bitget about $75 million.…
Binance deal gives Circle a lift in its stablecoin race with Tether, analysts say
It took Binance roughly three years to go from 39 USDC-quoted spot markets in 2021 to 140 by late 2024. Since it partnered with Circle, that number has…
Crypto Loses Two Top Washington Voices as Mersinger and Peirce Set Exit Dates
Ten days. That’s how long it took, after the Senate blocked the Clarity Act, for two of the crypto industry’s most prominent figures in Washington to post their…
Circle launches Bitcoin-backed USDC borrowing and leaves the liquidation risk with Morpho
Circle has cut the number of screens a treasury desk clicks through to turn Bitcoin into dollars. It hasn’t cut the risk. That still sits inside a Morpho…
Velocity’s Series A now sits at $48M, with Visa, Circle and Ripple writing checks
A London payments startup just got Visa, Circle and Ripple to fund the same round, and none of them expect you to ever notice the product. Velocity pulled…
Citi, Goldman and 19 more banks are building a stablecoin, and Circle’s stock is already bleeding
Twenty-one banks and asset managers just announced they’re forming a company to issue stablecoins. Circle’s stock is down about 6% today, underperforming most crypto-linked stocks. That’s the whole…
Samsung says Wallet will support stablecoins, but names no issuer and no date
In Brief: Samsung product manager Lee Dinham said at Galaxy Unpacked in London on July 22 that Samsung Wallet will add native stablecoin support. An on-stage mockup showed…
