Key Takeaways Circle shares closed up 16% on May 11, 2026, pushing CRCL’s year-to-date gains to roughly 68%. Blackrock, A16z, and Apollo backed Circle’s $222M Arc token presale at a $3B fully diluted valuation. USDC […]
Key Takeaways Circle revenue rose 20% as USDC transaction volume jumped 263% year over year. Reserve income reached $653 million, supported by higher average USDC circulation. Arc-related activity, AI tools, and payments integrations could shape […]
Key Takeaways Circle raises $222 million in an ARC token presale at a $3 billion FDV, with A16z leading at $75 million. Blackrock, Apollo, and ICE join the round, signaling TradFi’s deepening bet on stablecoin-native […]
A16z led the investment round, while other big names that were involved include Apollo Funds and ICE. The company behind the second-largest stablecoin by market cap has successfully raised $222 million in the presale […]
Key Takeaways Tether’s USDT hit $189.63B on May 10, keeping 58.76% control of the stablecoin market. Circle’s USDC added $1.61B in 7 days, signaling renewed demand for dollar-backed crypto. USDG jumped 11.89% to $2.658B, putting […]
Key Takeaways Circle supported OCC rules for payment stablecoins under a national licensing framework. Uniform standards could reduce arbitrage, protect users, and support trusted digital dollars. Final rules may shape redemption, reserves, supervision, and issuer […]
Five major banking trade groups issued a joint statement opposing the compromise barely hours after its release. Circle Internet Group’s stock jumped nearly 20% on Monday after two US senators announced a bipartisan compromise […]
Key Takeaways Tillis and Alsobrooks reached a May 4 deal to ban stablecoin rewards functioning like bank interest. Circle (CRCL) stock surged nearly 20% to $119.53 as the market reacted to the bipartisan CLARITY Act […]
Ondo is gaining significant institutional traction after being selected to participate in a key working group led by DTCC. This move places Ondo in direct collaboration with established financial institutions and infrastructure leaders, working to […]
Facebook paid its creators nearly $3 billion in 2025 — a 35% jump from the year before. Now some of those Meta creators will get paid in crypto. Related Reading Meta: A Second Try At […]
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