Hyperliquid is planning to launch its own stablecoin, in a move that could reduce the decentralized exchange's (DEX) dependency on Circle's USDC.In spite of these fears, USDC supply has surged…
Christian Catalini, co-creator of Facebook’s Libra project, warned on Friday that Stripe’s Tempo and Circle’s Arc could succeed commercially but at the cost of crypto’s decentralization ideal.Launched in 2019, Libra…
Binance institutional clients can now use Circle’s USYC token as off-exchange collateral, enabling on-chain yield generation while maintaining asset custody outside the exchange. Circle Internet Group made the announcement today,…
Binance has integrated Circle’s USYC token into its
platform, allowing institutional clients to use this tokenized money market
fund as off-exchange collateral in derivatives trading. This collaboration aims to meet growing institutional
demand…
In brief
Crypto custody firm BitGo confidentially filed for an initial public offering (IPO).
The firm was last valued at $1.75 billion following a $100 million fundraise in 2023.
If approved,…
Grayscale Investments has filed a confidential draft
registration statement with the U.S. Securities and Exchange Commission,
signaling potential plans for an initial public offering.Engaging the SEC Behind Closed DoorsThe asset manager, known…
Jack Ma-backed Ant Group is reportedly working with USDC issuer Circle to bring the stablecoin to its blockchain, according to a Bloomberg report published Thursday, citing anonymous sources.The report said…
The international arm of Ant Group, the company backed by Alibaba founder Jack Ma, plans to bring Circle’s USDC stablecoin onto its proprietary blockchain.The rollout will start once U.S. regulators…
In brief
Ant Group plans to integrate Circle's USDC stablecoin into its blockchain platform serving 1.6 billion users.
Integration timeline depends on USDC achieving full U.S. compliance after GENIUS Act passage.
Ant focuses…
Crypto exchange Coinbase (COIN) is moving beyond its role as a USDC distributor, positioning itself as a key driver of stablecoin adoption across payments and financial services, Wall Street broker…