Circle


Markets

Asia Morning Briefing: Asia's Banks Look to Stablecoins to Prevent Deposit Flight

PLUS: Bakkt is entering the BTC Treasury market with a $1 billion BTC purchase.

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

Finance

Taurus Releases Open Source Privacy Tech for Stablecoins, Starts With Circle's USDC

Taurus’s stablecoin privacy layer uses zero-knowledge proofs and was built atop the Aztec Network.

Close-up of horns on a black bull against a dark background. (Coindesk archives)

Markets

Bitcoin Rises Past $107K as FHFA's Pulte Orders Crypto Consideration in Mortgage Applications

The Trump appointee overseeing the nation's housing agencies said Freddie Mac and Fannie Mae should take mortgage applicants' crypto holdings into account.

Credit: Cosmictraveller, Unsplash

Markets

Circle Drops 15%, Stock Frenzy Cools as BIS Warns of Stablecoin Risks

The decline coincided with a BIS report casting doubts about stablecoins' future role in global finance.

Circle CEO Jeremy Allaire (Danny Nelson/CoinDesk)

Finance

Mastercard Expands Stablecoin Push With Paxos, Fiserv and PayPal Integrations

The payments giant is integrating PYUSD, USDG and FIUSD into its network, expanding stablecoin payments and settlements for consumers and merchants.

Mastercard debit card next to phone with price chart (CardMapr.nl/Unsplash)

Markets

Ark Invest Continues to Dump Circle Shares, Buys Robinhood and Coinbase

The firm had earlier sold Circle shares in three tranches.

Ark Invest CEO Cathie Wood (Marco Bello/Getty Images, modified by CoinDesk)

Markets

Circle Hits New Record With Market Cap Nearing That of Coinbase

Circle’s blistering rally reflects investor hunger for stablecoin exposure, but lofty valuation multiples are raising eyebrows.

Circle CEO Jeremy Allaire (Danny Nelson/CoinDesk)

Finance

Fiserv Joins Stablecoin Fray, Teaming Up With Circle, Paxos, PayPal for Launch on Solana

The Fortune 500 fintech provider plans to roll out its digital asset platform with U.S. dollar stablecoin FIUSD to 10,000 institutions and 6 million merchants.

U.S. dollar (Unsplash, modified by CoinDesk)

Markets

ARK Invest Dumps $146.3M More Circle Shares After Meteoric 670% IPO Surge

The move comes as ARK added shares of AMD, Shopify, and Taiwan Semiconductor Manufacturing Company.

Stock market price charts (Anne Nygård/Unsplash)

Markets

Circle Started at Buy at Seaport Securities, Which Eyes $2T Opportunity in Stablecoins

Shares are higher by another 20% today, already surpassing Seaport's lofty $235 price target.