Bitcoin circles $81.5K ETF cost basis as Trump Iran comments send stocks lower
Bitcoin extended daily losses to 3% as US stocks came under pressure from President Donald Trump’s comments on Iran military action. Source：Cointelegraph
Circle defends USDC economics as stablecoin rivals court its partners with bigger cut
Coinbase, Circle’s largest USDC partner, also backs Open USD, a rival network that passes reserve income to partners after a management fee. Source：CoinDesk
Circle’s Allaire says stablecoin issuer looking to enter 40 developing markets: Report
Markets in Southeast Asia, Latin America, Africa and the Middle East see increasing demand for stablecoins. Source：Cointelegraph
Circle targets 40 new markets as stablecoin demand grows globally
The stablecoin issuer’s CEO Jerermy Allaire told Reuters demand for digital dollars is growing across Asia, Africa and Latin America as banks and payment…
EU authority classifies Circle’s USDC as ‘significant’ under MiCA
The secondlargest stablecoin by market cap will be overseen by French and EU authorities under its classification as a “significant emoney token.“…
Circle brings USDC, EURC payments to SAP customers through Tereina
The partnership with SAPbacked Tereina will let businesses send and receive Circle’s stablecoins from within the financial software they already use.…
OKX draws investment from StanChart, Circle, Ripple as it pushes beyond crypto exchange roots
The exchange is increasingly aiming to position itself as a global financial tech platform spanning crypto, payments and tokenized assets, following an…
Circle urges EU to revise stablecoin reserve rules in MiCA review
Circle wants the EU to replace mandatory bankdeposit minimums with more flexible liquidity rules and preserve crossborder stablecoin issuance.…
Porsche’s ‘long haul’ Web3 project ends in less than four years
Porsche is winding down its Web3 project and Pioneers Circle community as trading activity in its 911 NFT collection falls sharply from early levels.…
Open USD takes on Tether, Circle with a different stablecoin model that's 'building money'
The “overwhelming majority” of Open Standard’s equity will be distributed over time to partners based on how much they help grow the stablecoin, CEO Zach…
Binance deal gives Circle a boost in stablecoin race with Tether, analysts say
The fiveyear deal could strengthen USDC’s reach in emerging markets, though Tether’s liquidity advantage remains hard to dislodge, analysts told CoinDesk.…
Circle and Tether step in to freeze hacker wallet after massive Bitget crypto heist
The stablecoin issuer blacklisted a wallet holding about $318,000 in USDT and USDC. Most of the stolen funds sit in ether, which can't be frozen.…