Circle

Circle

Finance

Bermuda, the small island nation with huge crypto ambitions

The government recently announced it would become the world’s first economy to go fully onchain, a move officials believe will bring its people new opportunities.

Bermuda (Kino/Unsplash)

Finance

Crypto rails are becoming the default payment layer for AI agents, report says

A new report from Keyrock says stablecoins on blockchain rails are becoming the go-to payment layer for AI agents as traditional card rails struggle to handle micropayments.

Robots (Unsplash/Sumaid pal Singh Bakshi/Modified by CoinDesk)

Finance

Even a mountain of T-bills won't save Tether and Circle from a sudden liquidity crisis, expert says

The head of digital assets and tokenization at one of Germany’s largest asset managers said that USDT and USDC are not stablecoins, from his perspective.

Union Investment's Christoph Hock said that in his opinion USDT and USDC are not stablecoins and therefore pose great risks for investors. Olivier Acuna/CoinDesk)

Marchés

Hyperliquid's USDC deal could supercharge HYPE, pressure Circle, Coinbase margins, analysts say

The revenue share deal could shift an estimated $160 million in revenue from Coinbase and Circle into Hyperliquid's ecosystem, Compass Point analysts said.

Hyperliquid founder Jeff Yan

Finance

Privacy emerges as crypto’s next 'killer app,' with Arc, Canton and Tempo topping $1 billion in funding

New fundraising rounds for three institution-focused blockchains show how regulation, privacy and corporate competition are reshaping crypto infrastructure, according to Bitwise CIO Matt Hougan.

Bitwise CIO Matt Hougan (Suzanne Cordiero/CoinDesk/Shutterstock)

Marchés

Cathie Wood’s Ark Invest chases Circle stock as it hits a 2-month high

Circle shares rose 16% to $131.76 on Monday, their highest closing price since March 18.

Ark Invest CEO Cathie Wood

Finance

'I don’t think that’s crazy': Here is why Circle is betting on new $3 billion blockchain

The USDC stablecoin issuer is betting Arc can become Wall Street’s blockchain rail for payments and tokenized finance, though analysts still see it as speculative.

Jeremy Allaire, CEO of Circle (CoinDesk)

Finance

Circle raises $222 million for Arc, beats Q1 earnings estimates but misses on revenue

Circle raised $222 million for its Arc blockchain token at a $3 billion valuation, drawing backing from BlackRock, Apollo and Bullish.

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

Juridique

Bermuda pushes stablecoin payments with USDC airdrop as it courts crypto firms, regulators

Premier David Burt said Bermuda's "onchain economy" plan aims to bring stablecoins into everyday commerce.

Bermuda Premier David Burt

Marchés

Circle, Coinbase lead crypto stocks rally amid Clarity Act progress, bitcoin hitting $80,000

The market is starting to price in potential winners as stablecoin yield compromise opens path for passing key U.S. digital asset regulation, one analyst said.

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