Circle | Crypto

Circle wants the EU to replace mandatory bank-deposit minimums with more flexible liquidity rules and preserve cross-border stablecoin issuance. Stablecoin issuer Circle urged the European Commission to revise reserve requirements in its response to a consultation on reviewing the Markets in Crypto-Assets Regulation (MiCA). In Thursday’s summary of its response, the USDC and EURC issuer said mandatory bank-deposit requirements expose stablecoin issuers to banking-sector credit and counterparty risks. Circle faced those risks firsthand in March 2023, when USDC temporarily lost its dollar peg after the company disclosed that $3.3 billion of its reserves were held at Silicon Valley Bank. The funds were subsequently made available after US authorities protected the bank’s depositors. Read more

Screened firms can settle supported stablecoin pairs together, while local fiat access and custody require separate arrangements. The post Circle launches 24/7 stablecoin FX engine as it chases a slice of the $10 trillion currency market appeared first on CryptoSlate.

Circle is doubling down on Binance after USD Coin (USDC) stablecoin customer balances on the exchange nearly quintupled since their first agreement. On Sept. 22, the companies announced a new five-year commercial agreement alongside Binance’s $100 million equity investment in Circle, extending a relationship that has turned the world’s largest crypto exchange into one of […] The post Circle pays millions for Binance distribution while its margins collapse appeared first on CryptoSlate.

Binance has invested $100 million in Circle, acquiring 1.24 million shares, while renewing a five-year partnership to expand USDC adoption across global markets.

Circle sold Binance $100 million in stock and agreed to pay monthly incentives under an expanded five-year partnership promoting USDC. Binance has invested $100 million in stablecoin issuer Circle as part of an expanded five-year agreement to promote USDC on the crypto exchange. Circle issued Binance 1,237,011 shares of its Class A common stock at $80.84 per share in a private placement on Sept. 17, according to a Tuesday filing with the US Securities and Exchange Commission. The purchase price reflected a discount to Circle’s market price before the transaction closed. New York Stock Exchange-traded CRCL shares were up more than 1.3% in Tuesday’s premarket activity after closing Monday at $94.29 apiece, according to Yahoo Finance data. Read more

Circle sold 1.24 million shares at $80.84 each and will pay Binance a monthly fee tied to USDC held through its wallet infrastructure.

The Mint workflow removes operational steps, while variable market terms and liquidation risk remain with the third-party lender. The post Circle launches Bitcoin-backed USDC borrowing, leaving liquidation risk with Morpho protocol appeared first on CryptoSlate.

Circle is bringing Bitcoin-backed borrowing to institutional clients, allowing them to tap BTC holdings for USDC liquidity without selling their Bitcoin. Stablecoin issuer Circle has launched a Bitcoin-backed borrowing service for institutional clients, allowing eligible Circle Mint customers to use BTC as collateral to borrow USDC through onchain lending markets. The service, called Digital Asset-Backed Borrowing, lets customers deposit Bitcoin, mint Circle’s wrapped Bitcoin token cirBTC and supply it as collateral to supported third-party lending markets on Arc or Ethereum. Morpho is the first lending protocol supported, with Circle planning to add Aave and other protocols. The rollout coincides with cirBTC going live on Arc on Monday. According to Circle, borrowed USDC is deposited directly into the customer’s Circle Mint balance, while borrowing rates, collateral requirements and liquidation thresholds are set by the third-party lending market. The borrowing positions are overcollateralized, with collater...

Chelsea has found a cool new shirt sponsor whose main product is…a stablecoin? USDC is designed to be worth one dollar. Today, tomorrow, next Tuesday: one dollar. If everything is working properly, absolutely nothing should happen to its price, so there is not much room for a victory parade. And yet Circle, the company behind […] The post Circle wants you to love USDC a little like you love Chelsea appeared first on CryptoSlate.

The network uses one USDC balance for payments and fees, but catching its rival depends on additional demand. The post Circle opens Arc mainnet as it seeks an edge for USDC utility appeared first on CryptoSlate.

Circle’s Arc mainnet is live with USDC for transaction fees, support for more than 20 fiat stablecoins and links to over 20 blockchains. USDC issuer Circle has launched the mainnet of Arc, a layer-1 (L1) blockchain targeting stablecoin payments and financial markets, particularly agentic transactions. Arc uses USDC as its native gas asset and offers Ethereum Virtual Machine (EVM) compatibility and deterministic sub-second settlement finality, according to an Arc blog post on Wednesday. The network supports more than 20 fiat stablecoins, including USDC, EURC, JPYC, KRW1 and TRYB, while tokenized assets including BlackRock’s BUIDL and Circle’s USYC are available natively on Arc. Arc also offers interoperability with more than 20 blockchains through Circle’s Cross-Chain Transfer Protocol (CCTP) and Gateway. Read more

Ahead of the planned Sept. 16 launch, institutional validators offer ledger accountability without a blanket guarantee for applications or losses. The post Circle’s Arc launch ties Wall Street firms to the network without making them its safety net appeared first on CryptoSlate.

Holders can use supported exchanges, Noble DEXs or CCTP V1 beforehand; afterward, Circle’s manual redemption process requires approval. The post Circle’s Noble shutdown leaves Cosmos racing to move $92 million in USDC appeared first on CryptoSlate.

The deal could grant Circle vital, regulated "last-mile" infrastructure, bridging the gap between stablecoins and traditional local banking systems.

Tazapay processes $25 billion in annualized volume and offers payout rails across 100-plus markets, extending Circle’s USDC payments reach. Circle has agreed to acquire Singapore-based cross-border payments platform Tazapay in a deal expected to close in 2027. The transaction will also require customary closing conditions and approval from the Monetary Authority of Singapore, Circle said in a Tuesday announcement. Tazapay has more than $25 billion in annualized payment volume and serves more than 60 banking and fintech partners with local payout rails covering more than 100 markets. The company said in August 2025 that annualized payment volume was $10 billion. Read more

Coin Metrics found market plumbing drove much of the volume while reserve income supplied 95.2% of Q2 revenue. The post Circle processed $32 trillion in USDC transfers, yet 95% of its revenue relies entirely on interest rates appeared first on CryptoSlate.

Circle's wrapped Bitcoin was overcollateralized at its Aug. 27 snapshot, yet WBTC and cbBTC remain thousands of times larger as Arc becomes the next distribution test. The post CEO Jeremy Allaire says Circle built “the platform for the internet financial system”, but cirBTC has only 40 BTC appeared first on CryptoSlate.

Burn limits start falling Oct. 31 before contracts pause Dec. 1, while Noble and Sui remain the only V1-only routes. The post Circle gives legacy USDC apps 95 days before old cross-chain transfer routes stop working appeared first on CryptoSlate.

USDC supply increased by roughly $2 billion in seven days, with Bernstein citing higher transaction activity and several factors that could support further growth. Analysts at Bernstein are bullish on stablecoin issuer Circle, arguing that a new growth cycle for its USDC stablecoin could provide a significant boost for the company over the next 12 months. In a research note published Monday, Bernstein said USDC (USDC) is showing signs of what it called “digital dollar reflation” after its supply increased by roughly $2 billion in seven days, reversing a six-month stretch of stagnant or declining growth. The firm maintained an Outperform rating on Circle (CRCL) and a $140 price target, implying roughly 60% upside from current levels. Circle shares have risen roughly 40% over the past month. Bernstein said the next phase of stablecoin growth could be driven by several factors, including renewed momentum in crypto markets, greater regulatory clarity in the United States, tokenized capital markets and growing ado...

The new term opens 60- and 90-day cure paths, followed by possible exclusions and up to 12 months of payments. The post Circle renews Coinbase deal creating two ways to challenge Coinbase’s USDC payouts, but neither works quickly appeared first on CryptoSlate.