USDC

Circle files for IPO to raise up to 4 million amid stablecoin growth

Circle files for IPO to raise up to $624 million amid stablecoin growth

Price range set between $24.00 and $26.00 per share. Offering led by J.P. Morgan, Citigroup, and Goldman Sachs. 9.6 million shares offered by Circle, 14.4 million by existing holders. Circle Internet Group, the company behind the world’s second-largest stablecoin USDC, has filed to go public on the New York Stock Exchange. The move could generate […]

Circle files for IPO to raise up to $624 million amid stablecoin growth Read More »

JPMorgan and other Wall Street banks reportedly in joint challenge for Tether’s stablecoin dominance

JPMorgan and other Wall Street banks reportedly in joint challenge for Tether’s stablecoin dominance

Some of the largest banks in the United States, including JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo, are reportedly working on a joint stablecoin initiative, the Wall Street Journal reported May 23. Sam Kazemian, founder of Frax Finance, confirmed the development, signaling that the conversations between major banks might have advanced beyond speculation.

JPMorgan and other Wall Street banks reportedly in joint challenge for Tether’s stablecoin dominance Read More »

Tron strengthens grip on USDT, claiming nearly half of its 0B supply

Tron strengthens grip on USDT, claiming nearly half of its $150B supply

Tether’s market cap just passed $150.66 billion, setting yet another record and extending its dominance over every rival combined. Data from DeFiLlama showed USDT expanded by roughly $830 million in the past week and more than $5.5 billion since mid‑April. The headline total matters on its own, but the real insight lies in how the tokens are distributed:

Tron strengthens grip on USDT, claiming nearly half of its $150B supply Read More »

Bitget Wallet and Paydify Partner to Expand Everyday USDT, USDC Payments

Bitget Wallet and Paydify Partner to Expand Everyday USDT, USDC Payments

Non-custodial Bitget Wallet has announced its integration with the universal crypto payment gateway Paydify. It is now Paydify’s first wallet integration partner. According to the press release, this integration allows merchants to accept stablecoin payments from Bitget Wallet users. They can pay through Paydify’s infrastructure with Tether (USDT) and USD Coin (USDC) at select online

Bitget Wallet and Paydify Partner to Expand Everyday USDT, USDC Payments Read More »

Circle Gets Abu Dhabi Nod—Will Its B IPO Follow?

Circle Gets Abu Dhabi Nod—Will Its $4B IPO Follow?

Key Takeaways: Circle secures Abu Dhabi’s regulatory approval, edging closer to UAE dominance. Hub71 partnership grants Circle sandbox access and startup grants. IPO filing targets $4 billion valuation with JP Morgan and Citi Backing. Circle, the company behind USDC and EURC stablecoins, took a major step forward. Abu Dhabi’s Financial Services Regulatory Authority (FSRA) granted

Circle Gets Abu Dhabi Nod—Will Its $4B IPO Follow? Read More »

Circle secures USDC regulatory nod in Abu Dhabi, enters tech ecosystem

Circle secures USDC regulatory nod in Abu Dhabi, enters tech ecosystem

Circle, the issuer of the USDC stablecoin, has secured initial approval from the Financial Services Regulatory Authority (FSRA) in Abu Dhabi. The approval, announced on April 29, allows Circle to move closer to receiving a full Financial Services Permission (FSP) to operate within the Abu Dhabi Global Market (ADGM). This progress comes just months after Circle’s

Circle secures USDC regulatory nod in Abu Dhabi, enters tech ecosystem Read More »

Loopscale Hackers Agree To Return Stolen .8 Million — For A Price

Loopscale Hackers Agree To Return Stolen $5.8 Million — For A Price

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A cryptocurrency exchange reached an agreement with cybercriminals who hacked into millions, marking increased security issues in the digital currency industry. Loopscale revealed on April 28 that the attackers involved in a recent $5.8 million heist committed to returning the majority of

Loopscale Hackers Agree To Return Stolen $5.8 Million — For A Price Read More »

Stablecoin Market Adds .58B in One Week, Nears 0B Milestone

Stablecoin Market Adds $4.58B in One Week, Nears $240B Milestone

While the broader crypto market enjoyed steady gains last week, the stablecoin sector expanded notably, contributing an additional $4.581 billion to the fiat-linked crypto ecosystem. Fiat-Linked Tokens Expand Amid Market Volatility As of press time on Sunday, the stablecoin economy holds a valuation of $239.108 billion, requiring an additional $892 million to surpass the $240

Stablecoin Market Adds $4.58B in One Week, Nears $240B Milestone Read More »