Circle

Circle

Pananalapi

Circle moves $68 million in just 30 minutes by using its own stablecoin for internal payments

The stablecoin issuer used its Mint platform for intercompany transfers, replacing bank wires that often take days to settle, CEO Jeremy Allaire said.

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

Merkado

Circle shares boosted by Middle East tensions, rising oil, fading rate cut hopes, says Mizuho

The stock has risen about 20% since the U.S. strikes on Iran over the weekend.

(Sandali Handagama/ CoinDesk)

Merkado

Circle's post-earnings surge nears 50% as short squeeze, not strong financials, fuels rally

The violent move had more to do with hedge funds' overcrowded bearish positioning getting wiped out than the company’s financial performance, one analyst pointed out.

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

Pananalapi

Circle shares surge by record 35% as USDC issuance drives estimate-busting earnings

The issuer of the USDC stablecoin posted EPS of 43 cents for the fourth quarter, beating the consensus estimate of 16 cents. The shares surged 35%.

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

Merkado

ProShares' stablecoin-ready ETF sees $17 billion debut, sparking speculation about Circle

Analysts speculated that a large issuer like Circle might be moving reserve assets en masse into the ETF, but data show otherwise.

Digitally altered photo of a dollar bill (Ryan Quintal/Unsplash, Modified by CoinDesk)

Mga video

The bitcoin play in Musk's $1T SpaceX-xAI merger

Elon Musk's merger between SpaceX and xAI is creating a trillion-dollar tech titan, and pulling a massive 8,300 Bitcoin treasury out of the shadows. What happens to SpaceX's $650 million BTC stash after the mega deal? CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."

CoinDesk

Merkado

Circle’s biggest bear just threw in the towel, but warns the stock is still a crypto roller coaster

Circle’s rising correlation with ether and DeFi exposure drives the re-rating, despite valuation and competition concerns.

Circle logo on a building

Merkado

Circle shares rise 4% as Polymarket-driven USDC growth prompts analyst upgrade

Mizuho's Dan Dolev revised his bearish outlook on the stablecoin issuer, upgrading the stock to neutral.

Circle logo on a building

Pananalapi

Circle faces first major 'threat' for institutional dollars from Tether’s USAT

While Circle's USDC has operated without a "credible domestic competitor," Tether's USAT has the potential to shake up the landscape, analysts said.

Circle logo on a building

Merkado

Tech index futures, crypto stocks drop as U.S.-Europe trade tensions rise, bitcoin falls

Risk assets slide amid tariff uncertainty and rising global bond yields.

Chart of the Invesco QQQ ETF (TradingView)