Circle News

Crypto IPO season is underway. Circle’s explosive debut has fueled filings from Gemini and Bullish, with Kraken, BitGo, and Consensys potentially next.

Shopify is rolling out USDC payments via Coinbase’s Base network, offering cashback perks and expanding crypto checkout options through Shopify Payments.

Circle's USDC has a market capitalization of over $61 billion, making it the second-largest stablecoin, second to Tether's USDt.

USDC issuer Circle has put its stablecoin live on World Chain and has partnered with Matera to allow Brazilian banks to offer multicurrency payments.

The Peter Thiel-backed crypto exchange joins a growing list of firms seeking to go public as investor optimism returns under the Trump administration.

Tether’s CEO points to the company’s growing Bitcoin and gold treasury as a reason why a speculative $515 billion valuation might actually be “a bit bearish.”

Arca's chief investment officer, Jeff Dorman, previously said the investment company would stop doing business with Circle.

Circle had boosted its IPO to a range of $1.05 billion on June 4 as investor demand grew significantly.

Arca was one of the earliest crypto investment firms to back Circle, Arca chief investment officer Jeff Dorman wrote in the letter.

Circle’s public trading launch follows multiple IPO upsizings in response to massive demand from investors.

USDC issuer Circle has upsized its initial public offering again, selling 34 million shares at $31 each.

Circle has increased its IPO target to $896 million amid rising investor interest, growing stablecoin adoption and a more favorable US regulatory environment.

Business-to-business transactions and card-linked stablecoin payments have grown, while Tether’s USDt has established dominance.

A Manhattan federal court has frozen $57 million worth of USDC allegedly tied to the controversial Libra memecoin.

Asset managers BlackRock and ARK Invest have indicated interest in acquiring over $150 million in Circle’s shares