Catenaa, Thursday, May 29, 2025- Asset management giant BlackRock is preparing to purchase approximately 10 percent of the shares offered in Circle’s upcoming initial public offering, according to Bloomberg, deepening its involvement in the stablecoin issuer ahead of a volatile market debut. Circle, which issues the USDC stablecoin, updated its IPO prospectus Tuesday, indicating plans […]
Catenaa, Monday, April 28, 2025- Six firms, led by BlackRock, account for 88% of all tokenized US Treasurys issued, according to new data released by real-world asset tracker RWA.xyz. BlackRock’s BUIDL fund dominates the sector, with a market cap of $2.5 billion — a figure 360% higher than its nearest rival. The firm reported $11.6 […]
Catenaa, Wednesday, January 22, 2025 – President Donald Trump Circle announced Tuesday the acquisition of Hashnote, the issuer of the $1.52 billion US Yield Coin (USYC), as part of a strategic initiative to integrate USYC with its stablecoin USDC and boost adoption of tokenized assets. The acquisition includes a collaboration with DRW’s Cumberland unit, a […]
Catenaa, Saturday, May 24, 2025-Circle Internet Financial, the issuer behind the USDC stablecoin, is in early-stage discussions to either go public or sell itself for at least $5 billion, with Coinbase and Ripple emerging as potential buyers, according to sources cited by Fortune Magazine. The talks reflect heightened consolidation pressures in the crypto infrastructure space […]
Catenaa, Sunday, April 06, 2025-Stablecoin issuer Circle has enlisted JP Morgan Chase and Citi ahead of a planned initial public offering, expected to be filed in late April, Fortune reported. Circle, which issues the USDC stablecoin, has previously attempted to go public. It first pursued a SPAC merger in 2021, then confidentially filed with the […]
Catenaa, Thursday, May 29, 2025-Stablecoin issuer Circle aims to raise $600 million through its upcoming initial public offering, according to an updated S-1 filing submitted Tuesday to the US Securities and Exchange Commission. The company plans to offer 24 million shares of Class A common stock at a price range of $24 to $26, targeting […]
Catenaa, Wednesday, March 26, 2025- Circle will debut its USDC stablecoin in Japan on March 26, marking the first approved foreign stablecoin launch in the country. SBI VC Trade, a crypto exchange under financial giant SBI Group, will be the first platform to list USDC, with other local exchanges, including Binance Japan, bitbank, and bitFlyer, […]
Catenaa, Friday, April 25, 2025-Circle, the issuer of the USDC stablecoin, has launched a new infrastructure platform aimed at transforming global payments, using digital currencies to deliver instant, 24/7 money transfers across borders. The Circle Payments Network (CPN) will allow financial institutions to settle transactions in real time using Circle’s USDC and EURC stablecoins. The […]
Catenaa, Tuesday, April 22, 2025-Crypto firms Circle and BitGo are preparing to apply for US bank charters or licenses as stablecoin regulation looms, according to a Wall Street Journal report published Monday. Coinbase and Paxos are also weighing similar steps, sources told the newspaper. The move comes as Congress considers legislation that would require stablecoin […]
Catenaa, Tuesday, April 29, 2025-Mastercard yesterday announced in a media release it would enable consumers to spend stablecoins and allow merchants to receive settlements in them, expanding its footprint in the growing digital asset space. The payments giant said it is rolling out a “360-degree approach” to stablecoin use, letting consumers pay, earn rewards, and […]