Stablecoin legislation may unlock a slew of new competitors for Circle and its USDC stablecoin in the U.S., but in the realm …
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Tag:
Stablecoin
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Markets
Senate Stablecoin Bill Likely to Win Massive Bipartisan Support, Dem Lawmaker Says
by shayaanby shayaanWASHINGTON, D.C. — As many as 16 Democrats may vote in favor of the Senate’s stablecoin bill when it gets to its …
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Markets
Circle Shares Surge on NYSE Debut, Signalling Strong Appetite for Stablecoin Issuers
by shayaanby shayaanShares of Circle (CRCL) began trading on the New York Stock Exchange (NYSE) on Thursday, opening at $69 a share in early …
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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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Scams
Stablecoin Giant Circle Raises $1.1B in IPO, Valued at $6.9B Ahead of NYSE Debut
by shayaanby shayaanIn brief Circle and its shareholders sold 34 million shares, raising $1.1 billion in an upsized offering. The deal values the firm …
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Regulation
Lawmakers push back on Trump’s stablecoin plan via credit card crackdown
by shayaanby shayaanA fresh battle on Capitol Hill is throwing the fate of a bill that would define the future of digital money in …
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Frankfurt-based 21X, a venue for trading tokenized stocks, bonds and funds regulated by Germany’s financial watchdog BaFin, has integrated Circle’s USDC stablecoin …
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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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Regulation
Stablecoin Bills in House and Senate Still Need to Mesh on Several Points: French Hill
by shayaanby shayaanThe U.S. Senate may be fast approaching a final vote on regulating stablecoins, which would be a high-water mark for crypto legislation …
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Tether has announced a strategic investment in Orionx, a digital asset platform operating in Latin America, according to a June 3 statement. …