Circle

Circle

Policy

Five Crypto Firms Win Initial Approvals as Trust Banks, Including Ripple, Circle, BitGo

The firms have obtained conditional approval from the Office of the Comptroller of the Currency to convert into national trust banks.

Ripple CEO Brad Garlinghouse prepares to testify in the Senate (Jesse Hamilton/CoinDesk)

Finance

USDC Issuer Circle Secures Abu Dhabi's ADGM License in Middle East Expansion

The license allows Circle to expand USDC payment and settlement tools across the United Arab Emirates.

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

Markets

Ark Adds $9.1M in Circle and Bullish as Crypto Stocks Keep Sliding

The Nov. 25 buys included $7.6 million in Circle and $1.5 million in Bullish, with both stocks down on the day as BTC trades around $87,500.

Ark Invest's Cathie Wood (CoinDesk)

Markets

Investors Should Buy the Dip in Coinbase and Circle, Says William Blair

The latest crypto slide has created an attractive entry point for the two companies' stocks, with core USDC and bitcoin theses still intact.

Coinbase app on a mobile phone screen (appshunter.io/Unsplash/Modified by CoinDesk)

Finance

Circle Unveils StableFX to Power Onchain Currency Trading on Upcoming Arc Blockchain

The USDC issuer's new stablecoin foreign exchange engine aims to modernize cross-border payments, reduce risk and streamline settlement.

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

Markets

Ark Invest Buys $30.5M Circle Shares as Stock Falls 12%

Cathie Wood's investment firm added a total 353,328 CRCL shares across three of its ETFs: Innovation (ARKK), Next Generation Internet (ARKW) and Fintech Innovation (ARKF).

Ark Invest's Cathie Wood (CoinDesk)

Markets

Circle’s USDC Keeps Climbing; William Blair Reiterates Outperform After 3Q Results

The bank said USDC remains the frontrunner to dominate digital dollars as the company's third-quarter results topped forecasts.

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

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)