Circle
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.

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.

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.

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.

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.

Ark Invest Continues to Dump Circle Shares, Buys Robinhood and Coinbase
The firm had earlier sold Circle shares in three tranches.

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.

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.

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.

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.

