Circle

Circle

Finance

Crypto Prediction Market Polymarket Weighs Launching Its Own Stablecoin: Source

Polymarket would create its own stablecoin to own the yield-generating USD reserves that back the amount of Circle’s dollar-pegged token, USDC, a source said.

Shayne Coplan, CEO, Polymarket, speaks at Consensus 2024. (Shutterstock/CoinDesk).

Policy

Tether CEO Says He'll Comply With GENIUS to Come to U.S., Circle Says It's Set Now

Paolo Ardoino, Tether's chief, said his firm will come to the U.S., is chasing high-level auditing and will adjust reserves, but Jeremy Allaire said Circle is already compliant.

Tether CEO Paolo Ardoino at White House

Markets

Coinbase, Robinhood Hit Record Highs as U.S. House Passes Landmark Crypto Legislation

Crypto-linked stocks climbed higher on Thursday bolstered by investor optimism on stablecoin and crypto market structure bills advancing.

Coinbase (appshunter.io/Unsplash)

Finance

Alibaba Founder-Backed Ant Group to Integrate Circle’s USDC on Its Blockchain

The move is part of Ant's broader effort to build a platform that supports various forms of digital currencies, including tokenized assets.

Circle's logo on a building (Sandali Handagama/ CoinDesk)

Finance

Circle Has USDC Revenue Sharing Deal With Second-Largest Crypto Exchange ByBit: Sources

Assume any exchange that has some material amount of USDC has an agreement with Circle, said one person familiar with the situation.

(Sandali Handagama/ CoinDesk)

Markets

Coinbase Is Driving Adoption of Circle's USDC for Payments, Financial Services: Bernstein

The crypto exchange is becoming one of USDC's most active advocates across payments and financial services, Bernstein said.

Stablecoins to Watch: USDC Could Expand to 10 More Blockchains

Finance

Instant Payments Fintech Ivy Adds Circle’s USDC, EURC Stablecoins

Real-time payment rails and stablecoins belong together, said Ivy CEO Ferdinand Dabitz.

Red ivy climbing on a wall.

Markets

Circle's Valuation Not Stretched, Says Citi, Starting Coverage With Buy Rating

Citi's $243 price target suggests roughly 34% upside from last night's close just above $181.

Major banks' logos light up the night atop skyscrapers. (Miquel Parera/Unsplash)

Finance

Circle Applies for National Trust Bank Charter

A federal trust charter would bring Circle under direct federal bank regulator oversight, aligning it with how traditional financial institutions are overseen.

(Sandali Handagama/ CoinDesk)

Markets

Circle Valuation Is 'Outside Our Comfort Zone,' Initiate at Underweight: JPMorgan

The Wall Street bank started coverage of the stablecoin issuer with an underweight rating and a $80 price target.

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