
Circle CEO Defends Inaction on Drift Hack, Seeks Liability Protection
During the “Circle in Seoul” conference, Jeremy Allaire, CEO of Circle, confirmed that the firm will only freeze its USDC stablecoins upon the order of law

During the “Circle in Seoul” conference, Jeremy Allaire, CEO of Circle, confirmed that the firm will only freeze its USDC stablecoins upon the order of law

TL;DR: Jeremy Allaire defended Circle’s refusal to freeze USDC tied to the $280 million Drift exploit, arguing that issuers cannot make unilateral asset-seizure decisions. He said

TL;DR Whale activity on Hyperliquid (HYPE) has intensified, with a new wallet deploying $5 million in USDC and already allocating nearly half into HYPE purchases. The

TL;DR: ClearBank becomes the first Dutch credit institution to receive CASP status under the MiCAR regulation. The entity will integrate Circle’s Mint platform to offer regulated

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

TL;DR: TRM Labs partnered with Zepz to integrate blockchain intelligence into Sendwave Wallet, a stablecoin-based remittance wallet. Zepz processed over $17 billion in transfers during 2025

TL;DR: Fannie Mae will accept crypto-backed mortgages for the first time, with Bitcoin and USDC as the initial collateral assets. The product was developed alongside Better
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

TL;DR: Circle issued $500 million in USDC on the Solana network within 24 hours, pushing the supply on this blockchain above $8 billion. The global crypto

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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