Circle

Circle

Finance

Fireblocks Dives Further Into Stablecoins With Intro of In-House Payments Network

The stablecoin network is designed to provide higher efficiency and lower risk than currently exists when providers use more fragmented and disperse systems.

Left to right: Fireblocks co-founders Pavel Berengoltz, Michael Shaulov and Idan Ofrat. (Fireblocks)

Finance

Finastra Taps Circle to Bring USDC Settlement to $5T Global Cross-Border Payments

Integrating USDC into Finastra’s payments hub aims to cut costs and speed up international transfers.

(Sandali Handagama/ CoinDesk)

Finance

South Korea’s Top Banks Said to Meet Tether, Circle on Stablecoin Partnerships: Report

In separate meetings, executives from Shinhan, Hana, KB Financial and Woori Bank will explore the role of dollar-pegged and won-pegged stablecoins in the country.

A view of Seoul, the capital of South Korea

Finance

Bullish's $1.15B in IPO Proceeds Was Entirely in Stablecoins—A First for Public Market

Stablecoins used in the settlement include dollar- and euro-pegged tokens of Circle, Paxos, PayPal, Ripple and Societe Generale, among others.

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

Markets

Crypto Bull Market Could Run Till 2027, With Major Upside for HOOD, COIN, CRCL: Bernstein

Bernstein reiterated its outperform rating on Robinhood and lifted its price target on the stock to $160 from $105.

Crypto market breadth improves. (ArtTower/Pixabay)

Finance

Circle Acquires Malachite to Power Its Upcoming Arc Blockchain

The USDC stablecoin issuer last week said it is building its own blockchain focused on stablecoin finances.

(Sandali Handagama/ CoinDesk)

News Analysis

Why Circle and Stripe (And Many Others) Are Launching Their Own Blockchains

Firms aim to own their settlement rails to boost efficiency, compliance and revenue from digital asset payments, analysts said.

Railways (Unsplash/Getty Images)

Finance

Circle to Offer 10 Million Class A Shares at $130 Each

The price is more than quadruple the June IPO price of $31 when the company debuted on the New York Stock Exchange.

Circle Chief Strategy Officer Dante Disparte (left) and CEO Jeremy Allaire (Nikhilesh De/CoinDesk)

Finance

Circle Dips 6% After Hours on 10M Share Secondary Offering

Coming roughly two months after the company's blazing stock market debut, insiders are accounting for 8 million of the 10 million shares being sold.

(Sandali Handagama/ CoinDesk)

Finance

Circle Unveils Layer-1 Blockchain Arc, Reports $428 Million Q2 Loss

Circle's Q2 financials showed $658 million in revenue, but a net loss of $482 million due to non-cash IPO-linked items.

Circle logo on a shop front (Nikhilesh De/CoinDesk)