Tag Archives: circle

Circle Brings Native EURC To Base As MiCA Gives Euro Stablecoins A Clearer Lane

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Circle’s EURC launch on Base is a small but important stablecoin infrastructure move. It brings a native euro-denominated token to one of the most watched Ethereum layer-2 networks at a time when European regulation is becoming much more concrete. That combination matters. Base needs more native liquidity tools, and Circle needs to show that its… Continue reading Circle Brings Native EURC To Base As MiCA Gives Euro Stablecoins A Clearer Lane→

Solana USDC Liquidity Jumps As Circle Mints Another $1 Billion

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Solana has received another major injection of stablecoin liquidity after Circle reportedly minted an additional $1 billion in USDC on the network around July 1. The move adds to a year that has already seen unusually large gross USDC issuance on Solana, a chain where stablecoins have become central to swaps, leverage, payments, and on-chain… Continue reading Solana USDC Liquidity Jumps As Circle Mints Another $1 Billion→

Circle Launches cirBTC On Ethereum As New 1:1 Bitcoin-Backed DeFi Asset

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Circle has launched cirBTC on Ethereum, giving the stablecoin issuer a direct entry into the wrapped Bitcoin market and setting up a new challenge to existing BTC-backed DeFi assets. TL;DR cirBTC is live on Ethereum and backed 1:1 by Bitcoin. Circle says the asset uses segregated custody and Chainlink Proof of Reserve. The product is… Continue reading Circle Launches cirBTC On Ethereum As New 1:1 Bitcoin-Backed DeFi Asset→

Kraken Adds USDCx Support On Canton As Institutional Stablecoin Rails Expand

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TL;DR Kraken says it now supports USDCx deposits and withdrawals on the Canton Network. USDCx is described as a Canton-native stablecoin backed 1:1 by USDC locked in Circle’s xReserve on Ethereum. Canton is a permissioned, privacy-enabled Layer-1 network built for regulated financial institutions and tokenized real-world assets. The move adds another exchange connection to institutional… Continue reading Kraken Adds USDCx Support On Canton As Institutional Stablecoin Rails Expand→

Aave Proposal Moves To Add Circle Wrapped Bitcoin As Collateral

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TL;DR Aave Labs has proposed onboarding Circle Wrapped Bitcoin, or cirBTC, to Aave V3 Core and Aave V4 Core on Ethereum. The proposal says cirBTC is an ERC-20 token backed 1:1 by Bitcoin custodied at a regulated Circle entity. The move is still at the ARFC stage, meaning it needs community feedback, a Snapshot vote… Continue reading Aave Proposal Moves To Add Circle Wrapped Bitcoin As Collateral→

Hyperliquid Is Becoming A Core Infrastructure Layer For Crypto Finance

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Hyperliquid is increasingly evolving from a high-performance trading platform into a foundational layer of crypto’s financial infrastructure. What began as a decentralized perpetual futures exchange has expanded into a broader ecosystem that attracts traders, liquidity providers, builders, and capital at a growing scale. As activity across the platform increases, market participants view Hyperliquid as a… Continue reading Hyperliquid Is Becoming A Core Infrastructure Layer For Crypto Finance→

Circle Banks $200M From Giants Like BlackRock In Arc Token Presale, CRCL Jumps 15%

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Shares of stablecoin issuer Circle (CRLC) climbed on Monday, rising by 15% to $130 for the first time in nearly a month. The move came after the company disclosed it had raised $222 million in the presale of Arc, the native token tied to Circle’s new blockchain. The funding values Arc at a fully diluted… Continue reading Circle Banks $200M From Giants Like BlackRock In Arc Token Presale, CRCL Jumps 15%→

Ondo Gains Institutional Backing Through DTCC Working Group Selection

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Ondo is gaining significant institutional traction after being selected to participate in a key working group led by DTCC. This move places Ondo in direct collaboration with established financial institutions and infrastructure leaders, working to define how traditional assets can be brought on-chain at scale. What Ondo’s DTCC Role Means For The Broader Crypto Market… Continue reading Ondo Gains Institutional Backing Through DTCC Working Group Selection→

Stablecoins Go Mainstream As Meta Rolls Out Creator Payouts In Philippines, Colombia

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Facebook paid its creators nearly $3 billion in 2025 — a 35% jump from the year before. Now some of those Meta creators will get paid in crypto. Meta: A Second Try At Digital Payments Meta has begun rolling out USDC stablecoin payouts to select creators in the Philippines and Colombia, marking the company’s return… Continue reading Stablecoins Go Mainstream As Meta Rolls Out Creator Payouts In Philippines, Colombia→

Solana-Based Drift Protocol Announces $150M Recovery Fund, New Token Following Tether Collab

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Solana-based decentralized exchange (DEX) Drift Protocol has shared the highly anticipated user recovery plan alongside Tether and other collaborators. This move follows the major exploit that drained $285 million from the project’s vaults two weeks ago. Drift Protocol Secures $150M Recovery Fund On Thursday, Drift Protocol, the largest decentralized perpetual futures exchange on the Solana… Continue reading Solana-Based Drift Protocol Announces $150M Recovery Fund, New Token Following Tether Collab→