Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure According to former BitMEX founder Arthur Hayes, Circle’s June 5 IPO has sparked what he calls “stablecoin mania.” He warns that this is only the beginning. Many new issuers will rush to go public. Most of them, he predicts, won’t last. Surge Of […]
Stablecoin IPOs Are The New ‘Hot Potatoes’, Arthur Hayes Says Read More »
ARK Invest has begun cashing in on its stake in stablecoin issuer Circle just 11 days after the company’s debut on the New York Stock Exchange. The firm, led by well-known Bitcoin supporter Cathie Wood, sold 342,658 shares of Circle (CRCL) on Monday, according to a trade disclosure. The transaction was valued at roughly $51.7
ARK Invest Sells $52M in Circle Shares Just 11 Days After IPO—Profit-Taking or Red Flag? Read More »
Key Notes Arthur Hayes says new public stablecoin firms will mimic Circle but lack sustainability. JPMorgan Chase files for “JPMD” trademark, signaling stablecoin ambitions. US lawmakers push forward the GENIUS Act, potentially reshaping the $250B stablecoin market. . BitMEX co-founder Arthur Hayes has warned that several overhyped stablecoin companies would follow the recent public listing
Arthur Hayes: Stablecoin IPOs Are Exploding “Hot Potatoes” Read More »
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Ripple
USDC’s native launch on the XRP Ledger ignites a powerful new phase in cross-chain finance, unlocking real-time payments, seamless liquidity, and zero-bridge stablecoin integration. USDC Goes Native on XRP Ledger, Supercharging Its Blockchain Interoperability Financial technology company Circle Internet Group (NYSE: CRCL) announced on June 11 that its regulated stablecoin USDC is now available natively
Circle’s USDC Goes Live on XRP Ledger, Unlocking Real-Time Crypto Finance Read More »
Circle, a US-based publicly traded crypto firm, has expanded the reach of its USD Coin (USDC) stablecoin to the XRP Ledger (XRPL), adding another blockchain to its growing ecosystem, according to a June 12 statement. On-chain data shows that around $2 million worth of the asset had been minted on the network as of press
Circle’s USDC now on XRP Ledger, unlocking new DeFi potentials Read More »
Key Notes Bullish has reportedly submitted confidential IPO paperwork to US regulators. Jefferies will serve as the lead underwriter for the offering. The filing follows successful listings by crypto firms like Circle and eToro. Crypto exchange Bullish is quietly preparing for a public listing in the United States, according to recent reports. The company has
Peter Thiel’s Crypto Firm Bullish Files for US IPO Read More »
Japan’s SBI Holdings and its banking arm SBI Shinsei invested $50m into USDC stablecoin issuer Circle, marking a significant vote of confidence in the fintech firm’s long-term role in global finance. The deal, split evenly between the two entities, comes after Circle’s highly anticipated public listing on the New York Stock Exchange on June 5.
Japanese Financial Giant SBI Pours $50M into Circle Stock, Betting Big on USDC Read More »
Circle’s CRCL shares are drawing strong interest following the company’s recent listing on the New York Stock Exchange. The firm, best known for issuing the USDC stablecoin, has seen its stock price rise sharply since launch. Data from Yahoo Finance shows Circle’s stock climbed nearly 22% in pre-market trading, reaching above $130 before retracing slightly
The stablecoin sector expanded by a full percentage point this past week, growing by $2.558 billion in total. Of that figure, a hefty $1.45 billion came directly from Tether’s USDT, continuing its lead role in the space. Stablecoin Market Swells by $2.5B in 7 Days As of now, data from defillama.com shows the stablecoin market
Tether Fuels $2.5B Stablecoin Growth This Week Read More »
