Stablecoin

BlackRock Eyes 10% Stake as Circle Prepares for U.S. Listing: Report

June 1, 2025

Circle’s public offering has ignited renewed interest in the intersection of crypto and traditional finance, with two heavyweight investors — BlackRock and ARK Invest, circling the deal. The stablecoin issuer filed for an initial public offering on Tuesday, and early signs point to a strong push from legacy financial players looking to deepen their footprint […]

Stablecoin giant Circle targets $6.7 billion valuation in US IPO

May 30, 2025

By Arasu Kannagi Basil and Pritam Biswas (Reuters) -Circle Internet said on Tuesday it was targeting a valuation of up to $6.71 billion on a fully diluted basis in its U.S. initial public offering, as the stablecoin giant looks to tap into growing optimism around cryptocurrency. New York-based Circle and some existing investors are looking […]

SEC drops Binance lawsuit, ending one of last remaining crypto enforcement actions

May 30, 2025

The SEC has formally dropped its lawsuit against Binance and founder Changpeng Zhao, bringing an end to one of the last remaining crypto enforcement actions brought by the agency. In a Thursday filing in the U.S. District Court for the District of Columbia, lawyers for the SEC and Binance jointly moved to dismiss the case, […]

Hyperliquid airdrop farming drives 84% token surge — here’s three other factors driving the price

May 30, 2025

Hype reached a new all-time high this week. Token buybacks help drive Hype’s price rally. Airdrop farmers are piling into Hyperliquid protocols. Hyperliquid’s native token, Hype, is living up to its name. In the past month alone, Hype has surged 84%, outperforming both DeFi tokens and major cryptocurrencies like Bitcoin, Ethereum, and Solana. It peaked […]

Wall Street Ditches Gold for Bitcoin — $9 Billion Says Everything

May 30, 2025

A quiet rotation is unfolding in U.S. markets and it's one worth watching. Over the past five weeks, Bitcoin (BTC-USD) ETFs have pulled in more than $9 billion in fresh inflows, led by BlackRock's iShares Bitcoin Trust ETF IBIT. At the same time, gold-backed ETFs have shed over $2.8 billion, Bloomberg data shows. Investors appear […]

Stablecoins: the first ‘killer app’ for Blockchain?

May 30, 2025

In the last few weeks, the already rapid pace of change around digital money has accelerated in the UK and worldwide. The UK government released a statutory instrument outlining long-awaited proposals for crypto assets, including stablecoins, Hong Kong passed their first stablecoin bill and the GENIUS act cleared the first hurdle in the US Congress, […]

FCA pushes forward on crypto custody regulation

May 30, 2025

The Financial Conduct Authority has published a fresh set of proposals on stablecoins and crypto custody, marking a key step in shaping the UK’s future cryptoasset regime. The consultation paper, released on Wednesday (28 May), outlines draft rules for the issuance of stablecoins, safeguarding customer assets and improving the financial resilience of firms operating in […]

Stablecoin issuer Circle files to go public

May 30, 2025

Circle Internet Group, the company that issues the USDC stablecoin, is planning to go public, it said on May 27. The firm has filed for an initial public offering (IPO) on the New York Stock Exchange under the ticker symbol "CRCL." The IPO price is expected to be $24-$26 a share. For the uninitiated, a […]

US Treasury Compares Ripple Stablecoin, USDT, and USDC in Recent Report

May 29, 2025

The US Department of the Treasury has highlighted the growing role of stablecoins in the Treasury market, specifically Ripple stablecoin RLUSD, USDT, and USDC. Stablecoins are gaining significant attention in the United States, with their superior transactional capabilities compared to traditional financial systems being a major lure. A stablecoin bill, the GENIUS Act, has recently […]

Tether Goes All In On AI And Bitcoin To Build A Decentralized Future

May 29, 2025

Tether (USDT) introduces QVAC, enabling peer-to-peer intelligence (Photo Illustration by … More Costfoto/NurPhoto) NurPhoto via Getty Images The pace of technological change has never felt more relentless. Yet for much of the world, innovation remains a distant promise. Paolo Ardoino, CEO of Tether, says the convergence of Bitcoin and AI may finally change that by […]