Circle Internet Financial Ltd. has seen its stock dip by 2% to $133 recently. However, its USDC stablecoin is making significant strides, thanks to the GENIUS Act introduced by the Trump administration. The market cap of USDC has surged by 59% since Trump took office, outpacing Tether's USDT, which grew by 32. 5%. In concrete terms, USDT's market cap increased from ...
Circle, the company known for USDC, has introduced a new blockchain called Arc. This isn't just another blockchain like Ethereum or Solana. Arc is built specifically for stablecoins, aiming to make them more useful for big companies. Stablecoins are digital currencies tied to real-world money, like the dollar. Circle noticed that current blockchains have issues with...
Remote, a company that helps hire and manage contractors worldwide, is introducing a new way to pay. U. S. companies can now pay their contractors in stablecoins in 69 countries. The company has partnered with Stripe for this feature and is starting with USDC, a popular stablecoin managed by Circle. USDC is always worth one USD, so it's not affected by cryptocurrency...
Cryptocurrency firm Circle made a big move on Monday. It got registered as an electronic money institution, or EMI, in France. This new license allows Circle to issue its stablecoins in compliance with the European Union's strict crypto rules. These rules are part of something called MiCA, which stands for Markets in Crypto-Assets. Circle is known for its USD Co...