Tag: circle
-
$6.3 billion: Binance’s own estimate of the largest crypto theft on record
Binance has promised to cover every loss, but it has not said how the attacker got in beyond a compromised laptop.
-
Circle says $819 million of its $1.4 billion USDC revenue went to partners and costs, leaving about 7 cents on the dollar
The figures come from Circle’s own blog post, written to answer rivals who say issuers keep too much.
-
Europe has named USDC its first ‘significant’ stablecoin, and has not said what tipped it over
The classification hands the EBA a bigger supervisory role over Circle’s euro issuer, and the announcement does not give the test USDC passed.
-
Circle wants Europe to stop making stablecoin issuers park so much cash in banks
The European Central Bank agrees with the USDC issuer on reserves, which makes this round of the MiCA review harder to wave away as…
-
Binance took a $100 million stake in Circle, the company that pays it to promote USDC
The shares arrived with a five-year deal under which Circle pays Binance a monthly fee, which makes it hard to say who is investing…
-
Circle’s institutional blockchain did $82 million in memecoin trading on day one
Arc launched with BlackRock and Visa as validators, and USDC, the asset it was built to carry, barely showed up to its own coming-out…
-
Circle’s own blockchain goes live today, and BlackRock and Visa are already running its nodes
Arc pays its transaction fees in dollars instead of a token that moves, which is either the point or the thing that makes it…
-
Circle is paying $400 million in stock for the last mile of a stablecoin payment
Tazapay already runs most of its volume in stablecoins and has built Circle’s payments network since 2025, so the deal buys licences more than…