XRP is now on the verge of being integrated into the backing of USDe, the $11.8-billion stablecoin issued by Ethena Labs. The …
Issuer
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Finance
“Want to Be Japan’s Circle,” Says JPYC, Japan’s First Stablecoin Issuer
by shayaanby shayaanJPYC Inc., a Tokyo-based fintech, has secured regulatory approval to issue Japan’s first yen-denominated stablecoin and will launch a new issuance and …
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Markets
Tether CEO Says Leading Stablecoin Issuer To ‘Focus on a New Venture in the US’ After Inking $4,900,000,000 in Net Profit in Q2
by shayaanby shayaanTether CEO Paolo Ardoino says the company behind the leading stablecoin is aiming to expand its offerings in the US. In a …
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Tether has minted over $20 billion worth of USDT since the start of 2025, pushing the stablecoin’s total circulation beyond $157 billion, …
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Finance
USDC Issuer Circle Spikes After Wall Street Firm Initiates With Buy Rating
by shayaanby shayaanUSDC issuer Circle was buoyant in pre-market trading Friday, climbing above $236 ahead of the opening bell. That put it ahead of …
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Analysis
Leading Stablecoin Issuer Tether Invests $89,000,000 Into Precious Metals Royalty Company To Deepen Exposure to Gold
by shayaanby shayaanThe issuer of the largest stablecoin by market cap just acquired significant holdings with a gold-focused royalty company listed in Canada. In …
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Analysis
Circle makes Wall Street debut as first major stablecoin issuer on NYSE
by shayaanby shayaanCircle, the issuer of the USDC stablecoin, officially began trading on the New York Stock Exchange (NYSE) on June 5 under the …
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Markets
Stablecoin Issuer Circle Targeting $7,200,000,000 Valuation in Upcoming IPO
by shayaanby shayaanThe company behind the second-largest USD-pegged stablecoin by market cap is naming its price for its upcoming US initial public offering (IPO). …
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Finance
Stablecoin issuer Circle targets $7.2 billion valuation in upsized US IPO
by shayaanby shayaanJune 2 (Reuters) – Crypto firm Circle Internet said on Monday it was targeting a valuation of up to $7.2 billion on …
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Analysis
USDC issuer Circle seeks IPO under ‘CRCL’ with Goldman, JPMorgan support
by shayaanby shayaanCircle, the USDC stablecoin issuer, has filed to go public under the ticker “CRCL” through an initial public offering on the New …