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…
View More Circle Launches cirBTC On Ethereum As New 1:1 Bitcoin-Backed DeFi Asset
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…
View More Aave Proposal Moves To Add Circle Wrapped Bitcoin As Collateral
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…
View More Kraken Adds USDCx Support On Canton As Institutional Stablecoin Rails Expand
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…
View More Circle Banks $200M From Giants Like BlackRock In Arc Token Presale, CRCL Jumps 15%
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…
View More Ondo Gains Institutional Backing Through DTCC Working Group Selection
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…
View More Stablecoins Go Mainstream As Meta Rolls Out Creator Payouts In Philippines, Colombia
Circle Internet Financial, the issuer behind the USDC stablecoin — the second-largest dollar-pegged cryptocurrency — saw its stock, CRCL, tumble 22% on Tuesday to $98 as lawmakers reportedly moved to tighten rules around stablecoin yields. The selloff followed reports that a revised draft of the Senate Banking Committee’s CLARITY Act would broadly prohibit platforms from…
View More Circle (CRCL) Crashes Below $100 After Senate Revises Crypto Bill To Ban Stablecoin Rewards
Shares of Circle Internet Group (CRLC) climbed nearly 30% during Wednesday’s trading session after the company delivered fourth-quarter (Q4) 2025 results that comfortably exceeded Wall Street expectations. The strong earnings report, driven largely by growth in its USDC stablecoin and higher reserve income, pushed the stock to around $79.13 at the time of writing, marking…
View More Circle Tops Q4 Revenue Forecasts, Shares Surge 30% — Key Numbers InsideOn-chain analytics platform Lookonchain has provided insights into what may have contributed to the Solana price crash since October. The platform revealed that meme coin launchpad Pump.fun has sold a significant amount of SOL, cashing out almost $500 million since the start of October. Pump.fun Allegedly Dumps SOL Amid Solana Price Crash In an X…
View More Why Has The Solana Price Been Crashing Since October? This Major SOL Player Is Selling
Following a notable debut on the Nasdaq earlier this year, Circle (CRCL), the issuer of the USDC stablecoin, has experienced a significant decline in its stock value. After hitting a peak of $298 on June 23, just 18 days post-launch, shares have now dropped by 68%, trading around $82. Circle Faces Challenges As Lockup Period…
View More Circle Stock Plummets By Almost 70% Post-IPO Debut, Analysts Issue Warnings