Circle

Circle

Finance

Velocity extends Series A to $48M at $200M valuation with backing from Visa, Circle, and Ripple

The investment brings Velocity's Series A round to $48 million and values the London-based payments infrastructure firm at $200 million, CEO Eric Queathem said.

Eric Queathem, CEO and co-founder of Velocity (Velocity)

Finance

Circle's $400M Tazapay deal buys emerging market links that take ‘years to build’

Stablecoins' “next battleground is in emerging markets,” one expert said, as Circle looks to expand USDC's reach where rival Tether has long been strong.

Jeremy Allaire, Co-Founder, Chairman and CEO, Circle Speaks at Hong Kong Fintech Week in 2024 (HK Fintech Week)

Finance

Circle agrees to buy cross-border payments firm Tazapay for $400 million

The deal could grant Circle vital, regulated "last-mile" infrastructure, bridging the gap between stablecoins and traditional local banking systems.

Circle logo on a shop front (Nikhilesh De/CoinDesk)

Finance

Circle's USDC takes over Chelsea's jersey in Premier League first sponsorship deal

Financials were not disclosed, though reports from earlier this year suggested Chelsea was targeting 65 million pounds a year ($88.3 million) for the sponsorship berth.

Circle is the new front-of-shirt sponsor for Chelsea FC (Chelsea FC/Circle)

CoinDesk News

Bitwise's Rasmussen: Circle is mispriced as stablecoins head toward trillions

Bitwise's Ryan Rasmussen says investors are underestimating Circle as stablecoins expand and the company builds out its payments infrastructure.

Ryan Rasmussen

Videos

Strategy CEO: 'We are the central bank of Bitcoin'

On this episode of CoinDesk's Public Keys from the New York Stock Exchange, host Jennifer Sanasie is joined by co-host Tim Grant, CEO of Deus X Capital, to start off the conversation with Strategy President and CEO Phong Le. He explains why he expects Strategy to outperform Bitcoin in the next bull cycle, how its STRC product and "digital credit" framework aim to make Strategy the "JP Morgan of digital finance." Bitwise Asset Management Head of Research Ryan Rasmussen breaks down Q2 earnings from Circle, Galaxy, and American Bitcoin, arguing the market is mis-pricing Circle ahead of a multi-trillion-dollar stablecoin era. Plus, Jennifer and Tim unpack Bitcoin ETF flows, the best week since April at $853 million in net inflows, and Tim lays out his thesis on sovereign AI, data privacy, and where decentralization fits into the next wave of compute. - Learn more at bullish.com. - Register now for CoinDesk's Policy and Regulation event on September 22, 2026: policy-regulation.coindesk.com. - To get market moving news delivered daily, download CoinDesk’s mobile app: linktr.ee/coindeskapp.

Strategy CEO: 'We are the central bank of Bitcoin'

Markets

Circle shares fall 3% despite earnings beat as stablecoin issuer misses on revenue

Shares initially jumped 10% but later fell 3% in pre-market trading as the stablecoin issuer revealed institutional adoption for its layer 1 blockchain Arc but missed on revenue.

Jeremy Allaire, Co-Founder, Chairman and CEO, Circle Speaks at Hong Kong Fintech Week in 2024 (HK Fintech Week)

Finance

Open USD rattled Circle's stock, but its key backers still support USDC

Executives at Coinbase, Visa and Mastercard said they plan to support multiple stablecoins, suggesting Open USD is another payments rail rather than a direct replacement for USDC.

Jeremy Allaire, Co-Founder, Chairman and CEO, Circle Speaks at Hong Kong Fintech Week in 2024 (HK Fintech Week)

Markets

Circle slides after Morgan Stanley downgrade, cut in price target

The bank said tokenized money market funds, Open USD and slower USDC growth could weigh on the stablecoin issuer's earnings.

Circle CEO Jeremy Allaire (Jemal Countess/Getty Images for TIME)

Policy

Circle secures New York trust charter as crypto regulatory push accelerates

The approval lets the USDC issuer offer fiduciary and custody services under New York banking law.

New York City skyline (Michael Discenza/Unsplash)