Circle

Circle

Finance

Circle Q3 Profit Triples, Beating Estimates, on USDC Growth

The shares slid in anticipation of lower U.S. interest rates, which would reduce revenue from reserve assets held to back the second-largest stablecoin.

(Sandali Handagama/ CoinDesk)

Tech

Circle CEO Jeremy Allaire Calls Arc ‘an Economic OS for the internet’

In a recent CNBC interview, Jeremy Allaire outlined dollar-priced fees, fast finality, and privacy for Arc, while pointing to rising USDC use in emerging markets.

2021 Photo of Circle CEO Jeremy Allaire

Markets

Circle’s USDC Overtakes Tether's USDT in Onchain Activity as Regulation Drives Shift: JPMorgan

USDC leapfrogged USDT in onchain activity as regulatory clarity pushes investors toward transparent and compliant stablecoins.

Stablecoin networks (Unsplash, modified by CoinDesk)

Finance

Circle, Issuer of USDC, Starts Testing Arc Blockchain With Big Institutions Onboard

The public testnet of Arc has drawn interest from global finance and tech players including BlackRock, HSBC, Visa, AWS and Anthropic.

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

Finance

ClearBank to Join Circle Payments Network, Expanding Access to MiCA-Compliant Stablecoins

ClearBank’s partnership with Circle aims to bring faster, lower-cost cross-border payments to Europe using USDC and EURC.

(Sandali Handagama/ CoinDesk)

Finance

Crypto Exchange Coinbase Introduces Its Own Stablecoin Payments Platform

Coinbase Business, as the new service is called, will simplify vendor payments, eliminate chargebacks, and offer seamless API integrations.

Tom Duff Gordon, vice president of international policy at Coinbase, hosts a panel with former UK Deputy Prime Minister Nick Clegg and former UK Chancellor George Osborne at the recent Coinbase Crypto Forum in London (Coinbase, modified by CoinDesk)

Markets

Stablecoin Boom Nears $300B as New Platforms Push Market Beyond Trading: Artemis

Supply has surged 72% year-over-year, led by Ethereum, Solana, and Plasma’s record debut, as stablecoins begin to mirror core banking functions

Stablecoin networks (Unsplash, modified by CoinDesk)

Markets

Stablecoins Will Disrupt Cross-Border Payments, Investment Bank William Blair Says

Circle and Coinbase are poised to benefit most, as stablecoins reshape global payments and challenge the dominance of traditional correspondent banks.

(Unsplash)

Opinion

Tether and Circle’s Dominance Is Being Put to the Test

The dominance of Tether and Circle, once seen as unshakable, is now facing its most formidable test yet, crypto product and strategy professional James Murrell argues.

Two male buffalo engaged in a standoff (Unsplash/ redcharlie/ Modified by CoinDesk)

Markets

Circle Can Withstand Rate Cuts as Stablecoin Demand Grows: Bernstein

The broker said lower interest rates could squeeze Circle’s revenue, but rising USDC adoption and operating leverage should keep profits on track.

(Sandali Handagama/ CoinDesk)