Circle’s initial public offering (IPO) filing has drawn sharp criticism from industry insiders, who question its Bitcoin strategy and broader financial stability. While the company is best known for issuing the USDC stablecoin, its recent filings have revealed details that have prompted skepticism across the crypto space. Heavy on altcoins, light on Bitcoin and Ethereum […]
Circle has formally filed an S-1 application to conduct an initial public offering (IPO), according to an April 1 filing submitted to the Securities and Exchange Commission (SEC). Circle, the issuer of USD Coin (USDC), plans to list its Class A common stock on the New York Stock Exchange under the ticker symbol “CRCL.” According
Circle formally files for IPO, seeks listing on NYSE under ‘CRCL’ ticker Read More »
After years of delays and a collapsed SPAC deal, Circle is finally moving toward a traditional IPO, enlisting JPMorgan and Citi to lead what could become the biggest crypto listing since Coinbase, Fortune reported on March 31, citing people familiar with the matter. The company, known for issuing the USD Coin (USDC) stablecoin, is expected
Circle taps JPMorgan, Citi amid plans to file for IPO by April-end Read More »
Unlike cryptocurrencies with prices moved by volatile global exchange markets online, stablecoins use similar techniques for security and trust, but as digital representations of currencies like the dollar and euro. They can provide efficient and low-cost payment rails for traditional central bank cash, but with some of the features and advantages of blockchain. So they
Stablecoin Mania Rocks the Blockchain Space, Disrupts Geopolitical Order Read More »
The average stablecoin liquidity per token declined from $1.8 million in 2021 to just $5,500 in March 2025, a 99.7% drop, forcing protocols to demonstrate sound reasons for investors to hold. According to a recent report by research firm Decentralised, the drop illustrates how rising token issuance, now surpassing 40 million assets, has diluted available
Protocols must prove demand as stablecoin liquidity per token falls 99% Read More »
Stablecoins have become the cornerstone of the crypto ecosystem, making up most crypto trading pairs and facilitating a massive chunk of blockchain transactions. The top five chains in terms of stablecoin market capitalization — Ethereum, Tron, BSC, Base, and Arbitrum — reveal distinct patterns in issuance, bridging, and usage. The distribution and usage of stablecoins across
Ethereum’s diverse mix of stablecoins outpaces Tron’s USD dominance Read More »
Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), is exploring the integration of Circle’s stablecoin products—USD Coin (USDC) and US Yield Coin (USYC)—across its financial infrastructure. According to a March 27 announcement, the initiative will examine how these stablecoins could be integrated across ICE’s exchanges, clearing operations, and market data
NYSE parent company exploring Circle’s USDC and USYC stablecoins for financial systems Read More »
Stablecoin issuer Tether continues to expand beyond financial technology with a fresh investment into Italy’s media landscape. On March 27, the company revealed a €10 million capital injection into Be Water, an Italian media firm. As part of the deal, Tether will secure a 30.4% equity stake in the company by the end of the
Tether expands into film and news with investment Italian media company Be Water Read More »
The US House of Representatives introduced an updated version of the Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act on March 26, substantially revising the February 5 draft. The legislation aims to regulate payment stablecoins, introduce new compliance mechanisms, expand oversight powers, and clarify key definitions governing the issuance and use of
Fidelity Investments – one of the largest asset managers in the United States – is nearing the launch of its own US dollar-pegged stablecoin. This move comes at a time when the regulatory landscape for cryptocurrencies in the US has grown more favorable, particularly under the Trump administration’s friendly policies. Fidelity Testing US Dollar-Pegged Stablecoin
Fidelity’s US Dollar-Pegged Stablecoin Set for May Launch: Report Read More »
