Stablecoin Sector Recovers as USDC Expands Market Cap
The stablecoin market cap climbed back to $305.78B after rising 0.8% over the past week, driven almost entirely by USDC’s expansion.
Circle (Latest Publications)
JPMorgan Raises Circle Outlook After Solid Q3 and Growing Partnerships
TL;DR: JPMorgan upgrades Circle shares to overweight after strong Q3 results. Circle’s expanding partnerships with fintech and blockchain firms boost confidence. Analysts see Circle poised for
Circle Expands Arc Ecosystem With Onchain FX Engine and Multi-Currency Stablecoin Program
TL;DR Circle launched StableFX, an onchain foreign exchange engine on its Arc blockchain, along with the Partner Stablecoins program, which integrates regional stablecoins linked to different
Cathie Wood’s Ark Invest Buys $30M Circle Stake as Shares Slide
TL;DR Ark Invest purchased $30.5 million in Circle shares across three ETFs, reaffirming its long-term bet on the company. Circle reported $740 million in revenue and
Circle’s Strong Q3 Earnings Offset by CRCL Stock Drop Amid Arc Token Plans
TL;DR Circle reported $740 million in Q3 revenue, up 66% year-over-year, with a net profit of $214 million. The company is developing Arc Network, its Layer-1
Circle Engages Policymakers With Comment Letter on GENIUS Act Implementation
TL;DR: Circle urges Treasury to create a uniform, transparent framework for U.S. dollar payment stablecoins. Recommendations include strong fund safeguards, interoperability, and equal rules for domestic
Circle’s Policy Shift Marks Win for Second Amendment Supporters
TL;DR Circle now allows USDC for lawful firearm purchases. New US policy prevents debanking of legal businesses. The GENIUS Act establishes federal stablecoin operating rules. Circle
Tether, Tron, and Circle Record $900M in Monthly Revenue, Leading Stablecoin Sector
TL;DR The Tron network processes the most USDT activity. Circle’s revenue grew by 0.6 percent. Ethereum fee revenue rises 61.6%. A recent financial report shows three
USDC Market Update: Binance Adds Dash and Zcash Trading Pairs
TL;DR Binance adds new DASH/USDC and ZEC/USDC spot trading pairs. Aims to boost USDC liquidity and usage on its platform. Automated trading bots will be available
Circle, Galaxy Stand Out with Optimistic IPO Results While eToro Lags Behind
TL;DR: Circle and Galaxy remain profitable amid post-IPO volatility. eToro’s stock has dropped nearly 40% since its debut. Investors favor crypto firms with stability and institutional
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