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Circle’s IPO highlights crypto’s mainstream shift, with USDC driving revenue and new fintech services expanding its reach.
Explore how USDC stablecoin is driving faster, cheaper payments and growing adoption across businesses and DeFi platforms ...
USDC’s core promise is to always trade for one U.S. dollar. People depend on this consistent value to use it for transactions ...
Trading under the ticker "CRCL," shares of the USDC stablecoin issuer opened at $69 after the upsized initial public offering ...
Circle’s reserve income — derived mostly from interest on the Treasuries backing USDC — rose 55.1% to $557.9 million in Q1. But that income stream is expected to drop as interest rates fall. If the ...
Circle’s IPO reflected Wall Street’s growing interest in stablecoins, but it may also strengthen conviction in Ethereum, ...
While Wall Street insiders enjoyed a first day "pop," it appears Circle could have pocketed much more from its debut.
USDC issuer Circle has upped its IPO again to $1.05 billion ahead of its New York Stock Exchange debut later today.
Wider stablecoin adoption, plus smaller partner payments, could offset pressure from lower returns on cash.
The U.S.-based issuer of one of the most popular cryptocurrencies made its debut on the New York Stock Exchange on Thursday ...
In DeFi, a serious USDC rival for Circle is unlikely to emerge anytime soon, according to analysts at investment bank Compass Point.
Circle Internet Group, the company behind the USDC stablecoin, said it will offer shares at $24 to $26 each in an initial ...
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