Circle | Crypto

Amsterdam-based crypto derivatives exchange D2X has secured €4.3 million in fresh funding from a lineup of heavyweight backers, including CMT Digital. The post D2X Raises €4.3M from Circle, CMT Digital to Expand Institutional Crypto Derivatives appeared first on Cryptonews.

Fortune 500 fintech leader FIS has partnered with Circle to enable US financial institutions to offer USDC stablecoin payments through integrated infrastructure, combining Circle's USDC functionality with FIS's Money Movement Hub. The post Fortune 500 Fintech Giant FIS Partners with Circle to Bring USDC Payments to US Banks appeared first on Cryptonews.

Circle’s Dante Disparte says the GENIUS Act ensures tech giants and banks can’t dominate the stablecoin market without facing strict structural and regulatory hurdles. The GENIUS Act contains a little-noticed clause that prevents technology giants and Wall Street behemoths from dominating the stablecoin market, according to Circle Chief Strategy Officer Dante Disparte. “The GENIUS Act has what I’d like to call — just for my own legacy sake — a Libra clause,” Disparte told the Unchained podcast on Saturday. Any non-bank that wants to mint a dollar-pegged token must spin up “a standalone entity that looks more like Circle and less like a bank,” clear antitrust hurdles and face a Treasury Department committee with veto power over the launch. Banks don’t get a free pass either. Lenders that issue a stablecoin must house it in a legally separate subsidiary and keep the coins on a balance sheet that carries “no risk-taking, no leverage, no lending,” Disparte noted. Read more

By securing a national trust charter, USDC’s issuer, Circle, plans to directly manage its $62-bilion reserves. Circle, the fintech firm behind USDC, has filed an application with the Office of the Comptroller of the Currency (OCC) to establish America’s first digital currency bank, a national trust institution that would bring stablecoins fully into the federally regulated financial system. The proposed entity, First National Digital Currency Bank, wouldn’t operate like a traditional consumer bank. It wouldn’t offer deposits or loans. Instead, it would focus on Circle USDC trust bank functions: safeguarding USDC (USDC) reserves, managing cash and short-term Treasury holdings and offering digital asset custody services to institutional clients. Read more

Circle Internet Group, Inc. (NYSE: CRCL) and global crypto exchange OKX have announced a partnership aimed at expanding access to and liquidity for the USDC stablecoin.  The post Circle and OKX Partner to Expand USDC Stablecoin Liquidity appeared first on Cryptonews.

Circle’s stock (CRCL) has dramatically outperformed Bitcoin since its June 5 listing on the New York Stock Exchange. According to data shared by former BitMEX CEO Arthur Hayes, CRCL has surged nearly 472% relative to Bitcoin when indexed to its IPO date. The rally comes as Circle’s share price jumped from its $31 IPO price […] The post Circle stock outpaces Bitcoin with 472% growth since June IPO appeared first on CryptoSlate.

Circle applied to charter First National Digital Currency Bank to become a federally regulated trust that would manage USDC reserves and expand custody services for institutional clients. According to a June 30 announcement, Circle applied to the Office of the Comptroller of the Currency (OCC), seeking authority to operate as a national trust bank subject […] The post Circle targets federally regulated trust status to manage stablecoin reserves, offer custody services appeared first on CryptoSlate.

While seeing Circle as well-positioned in the market, JPMorgan analysts warned that competition is a potential threat to the stablecoin issuer. Analysts at JPMorgan, a major US investment bank, have initiated coverage of Circle (CRCL) shares with an underweight rating and a $80 price target by December 2026. JPMorgan’s analysts, led by Kenneth Worthington, on Monday presented their first formal Circle stock analysis in the “North America Equity Research” report, seen by Cointelegraph. Down 55% from the current CRCL price of $180, the forecast is based on a 45x multiple of projected 2027 earnings per share (EPS) plus a $10 premium for upside potential. Read more

Circle’s eighth-largest holder, ARK Invest, continued offloading CRCL shares on Monday amid the stock briefly topping at $299. Cathie Wood’s investment company ARK Invest has continued dumping Circle shares after selling 1.25 million CRCL shares last week for about $243 million. ARK sold another 415,844 Circle shares from its funds for $109.6 million on Monday, according to a trade notification seen by Cointelegraph. The transactions marked the fourth Circle dump by ARK since the asset manager started offloading CRCL shares on June 16, just 11 days after Circle’s public launch on the New York Stock Exchange (NYSE). Read more

Shares of the stablecoin issuer account for roughly 13% of the MVDAPP, said VanEck’s Mathew Sigel. Shares of Circle Internet Group (CRCL) hold the largest weighting in VanEck’s digital asset corporate index, highlighting the stablecoin issuer’s growing influence in the crypto economy. Circle stock makes up 13% of the MVIS Global Digital Assets Equity Index (MVDAPP), which was developed by a VanEck subsidiary to track the performance of the largest and most liquid companies in the crypto sector. That marks an increase from around 11% on Friday.  Investors can gain exposure to MVDAPP through VanEck’s Digital Transformation exchange-traded fund (ETF), which aims to track the index “as closely as possible,” according to the firm’s prospectus. Read more

Circle’s market capitalization has quickly outpaced the circulating supply of its stablecoin USDC less than a month after the company went public. Data from CryptoSlate shows that USDC’s current circulating supply is approximately $61.27 billion. Meanwhile, Circle’s market capitalization has surged to around $66.9 billion, according to figures from Yahoo Finance. Circle’s rapid valuation climb can […] The post Circle’s post-IPO valuation surges to $66.9 billion, outpaces USDC supply appeared first on CryptoSlate.

Despite the massive sale, ARK remains the eighth largest Circle holder. Cathie Wood’s ARK Invest has increased its Circle selling spree as CRCL stock surged nearly 250% since its public debut. ARK dumped another 609,175 Circle shares from its three funds for $146.2 million on Friday, according to a trade notification seen by Cointelegraph. The sale came amid a 20.4% jump in the company’s shares on Friday, closing at $240.3, or 248% above the opening price of $69 on the New York Stock Exchange on June 5. Read more

Circle skyrockets on stablecoin optimism while Bitcoin treasury firms face valuation challenges in this week's public markets roundup.

Venture capital activity in the crypto space has seen a significant rebound this month, with total investments crossing $1.5 billion by June 20, according to DeFiLlama data. This marks the strongest monthly performance since March 2025 and signals growing confidence in blockchain startups after a quieter second quarter. The raised funds are more than double […] The post Crypto funding soars past $1.5 billion in June with Circle IPO boost appeared first on CryptoSlate.

Circle, the issuer of the USD Coin (USDC) stablecoin, is edging closer to a $50 billion valuation after a major rally in its stock price. Since debuting at $31, Circle’s shares (CRCL) have climbed over 540%, now trading around $200, according to Yahoo Finance. This surge has helped push Circle’s valuation to approximately $48.4 billion […] The post Circle approaches $50B valuation amid evolving regulatory landscape in the US appeared first on CryptoSlate.

Circle’s CRCL shares climbed 34% and closed at $199.59 on June 18 after registering a new all-time high at $200.90. The new price peak is roughly 6.5x the company’s initial public offering price of $31 set on June 5. The price leap came one day after the Senate advanced the Guiding and Establishing National Innovation […] The post Circle stock leaps to $200 record after 34% daily gain appeared first on CryptoSlate.

Crypto trading platforms increasingly adopt blockchain-native assets like the USDC stablecoin and tokenized treasuries such as BlackRock’s BUIDL to enhance collateral efficiency in derivatives markets. These instruments offer a blend of stability, yield, and compliance, making them attractive to institutional players seeking capital optimization. USDC and BUIDL gain momentum in crypto derivatives On June 18, […] The post Circle’s USDC and BlackRock’s BUIDL spearhead collateral innovation in derivatives markets appeared first on CryptoSlate.

USDC, a US dollar-pegged stablecoin by Circle and Coinbase, is set to become a collateral for US futures trading as part of a joint effort by Coinbase Derivatives and Nodal Clear. Coinbase Derivatives is expanding its partnership with clearinghouse Nodal Clear to bring Circle’s USDC stablecoin into US futures markets as eligible collateral. On Wednesday, the companies announced that USDC will now be accepted as collateral for margined futures trading, a move designed to encourage stablecoin adoption in regulated derivatives markets. The integration is subject to approval by the Commodity Futures Trading Commission (CFTC), with Coinbase Derivatives and Nodal Clear working with the authority to bring USDC to the US futures market. Read more

The CEO of Circle, which recently debuted on the New York Stock Exchange, predicts it won’t be long before stablecoins reach the level of developer attraction that the iPhone achieved. While stablecoins have yet to attract developers at the same scale as Apple’s iPhone, stablecoin issuer Circle CEO Jeremy Allaire suggests that breakthrough moment isn’t far off. “We are not quite yet at the iPhone moment when developers everywhere realize the power and opportunity of programmable digital dollars on the internet in the same way they saw the unlock of programmable mobile devices. Soon,” Allaire said in a post on Saturday. “The highest utility form of money ever created,” he added. Read more

Crypto IPO season is underway. Circle’s explosive debut has fueled filings from Gemini and Bullish, with Kraken, BitGo, and Consensys potentially next. Key takeaways: Circle’s IPO was a success, with CRCL soaring almost 290% and sparking renewed investor interest. New IPO filings from Gemini and Bullish signal growing momentum, and more crypto-native firms may prepare to enter public markets. Read more