USDC Issuer Circle Aims to Unlock New Utility for Bitcoin
Circle, the company behind the USDC stablecoin, has announced it will soon launch its own Bitcoin token, named cirBTC. Jeremy Allaire, the firm’s CEO, stated that
Circle (Latest Publications)
Drift Breaks Down $280M Exploit; Circle Faces Heat for Hours-Long Freeze Delay
TL;DR: Drift said the roughly $280 million exploit relied on Solana durable nonces, letting the attacker use pre-signed transactions to gain unauthorized administrative access. Stolen assets
Liquity April Fools’ Post Draws Manipulation Criticism
Liquity said that Circle had acquired the protocol, framing the announcement as a joke that would let Circle offer “a non-freezable stablecoin” and distribute yield under
USDC and CCTP Arrive on Pharos Mainnet, Expanding Cross‑Chain Settlement
TL;DR: Pharos Network announced the integration of USDC and Circle’s CCTP protocol into its mainnet The Pacific Ocean, targeting the RealFi sector. CCTP will connect the
Tazapay Secures $36M Series B With Circle Ventures Leading Extension
TL;DR Tazapay secured a total of $36 million in Series B funding, with Circle Ventures leading the extension as investor interest in payment infrastructure deepens. The
ZachXBT Reports First Wallet Unfrozen in Circle’s Enforcement Dispute
ZachXBT sharply criticized Circle after it was revealed that the stablecoin issuer unfroze the USDC balance in one of the 16 wallets it had blocked days earlier in a controversial compliance
Circle Partners With African Fintech Sasai to Boost USDC Adoption in Cross-Border Payments
Last Tuesday, it was reported that Circle, the issuer of USDC, has entered into a strategic alliance with Sasai Fintech to integrate the use of its
Circle Shares Slide Nearly 20% Amid Fears Over Stablecoin Yield Restrictions
On Tuesday’s session, Circle Internet Group (CRCL) shares plummeted 20%, dropping from $127 to $102. The catalyst for this massive sell-off was the leak of a
FSB Warns Foreign‑Currency Stablecoins Pose Risks to Emerging Markets
TL;DR The Financial Stability Board says foreign-currency stablecoins, especially those tied to the US dollar, could amplify macroeconomic risks in emerging markets. Authorities warn about currency
Investors Turn to Circle and Coinbase for Stablecoin Plays, Bernstein Says
TL;DR: Bernstein identified Circle and Coinbase as the main exposure vehicles to the USDC stablecoin amid the rise of agentic payments. Coinbase’s x402 protocol processed $25
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