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Circle and SBI Ignite Stablecoin Expansion in Japan—Major Exchanges Locked in

Circle and SBI Ignite Stablecoin Expansion in Japan—Major Exchanges Locked inCircle secures Japan’s first stablecoin approval, unleashing a new era of digital finance, trading, and payments through a groundbreaking partnership with SBI Holdings. ‘First and Only Stablecoin’ Approved for Use in Japanese Markets Circle Internet Group Inc. advanced its international expansion on March 25 by announcing a strategic launch in Japan, leveraging its local subsidiary, […]

The Blockchain Group adds 580 BTC as stock jumps 226% since Bitcoin pivot

Stablecoins Thrive as Crypto Stumbles: A $4.23B Growth Spree in 2 Weeks

Stablecoins Thrive as Crypto Stumbles: A .23B Growth Spree in 2 WeeksWhile the crypto market contracted over the past two weeks, the stablecoin sector has ballooned by $4.23 billion since March 1, defying the broader trend. Digital Dollars Dominate With Over 8% of Crypto’s Trillion-Dollar Pie The stablecoin ecosystem—fiat-pegged digital tokens—now sits at $228.553 billion after a $4.23 billion boost in just 14 days. Leading the […]

The Blockchain Group adds 580 BTC as stock jumps 226% since Bitcoin pivot

Hashnote’s USYC Fund to Operate Under Circle’s Bermuda Regulatory Framework

Hashnote’s USYC Fund to Operate Under Circle’s Bermuda Regulatory FrameworkCircle Internet Group plans to integrate Hashnote’s $1 billion tokenized money market fund under its Bermuda digital asset license, aiming to expand USYC’s utility alongside its USDC stablecoin. Stablecoin Giant Circle Expands License to Cover $1B Tokenized Fund Circle Internet Group, Inc. intends to bring Hashnote’s Tokenized Money Market Fund (TMMF) under its existing Digital […]

The Blockchain Group adds 580 BTC as stock jumps 226% since Bitcoin pivot

USDC and EURC Break New Ground as Dubai’s First Officially Recognized Stablecoins

USDC and EURC Break New Ground as Dubai’s First Officially Recognized StablecoinsStablecoin issuer Circle announced that its flagship asset USDC and its smaller euro-based stablecoin EURC have both been approved as “recognized crypto tokens” by the Dubai Financial Services Authority (DFSA). The recognition will allow the 6,000 companies in the Dubai International Financial Centre (DIFC), including financial institutions, to use and promote the two stablecoins. USDC […]

The Blockchain Group adds 580 BTC as stock jumps 226% since Bitcoin pivot

CFTC Acting Chairman To Hold a Crypto Summit To Discuss the Launch of ‘Digital Asset Markets Pilot Program’

CFTC Acting Chairman To Hold a Crypto Summit To Discuss the Launch of ‘Digital Asset Markets Pilot Program’

The U.S. Commodity Futures Trading Commission (CFTC) plans to hold a “CEO forum” for the heads of digital asset firms. The summit will include participants from Ripple, Coinbase, Circle, Crypto.com and MoonPay and will involve discussions about the “launch of the CFTC’s digital asset markets pilot program for tokenized non-cash collateral such as stablecoins,” according […]

The post CFTC Acting Chairman To Hold a Crypto Summit To Discuss the Launch of ‘Digital Asset Markets Pilot Program’ appeared first on The Daily Hodl.

The Blockchain Group adds 580 BTC as stock jumps 226% since Bitcoin pivot

Ripple, Coinbase, Kraken, Robinhood and Circle Have Donated Millions of Dollars to Trump Since Election: Report

Ripple, Coinbase, Kraken, Robinhood and Circle Have Donated Millions of Dollars to Trump Since Election: Report

Leading crypto firms have reportedly made seven-figure donations to incoming President Donald Trump’s inaugural committee since the November 2024 US election.  Politico reports that Ripple, Coinbase, Kraken, Robinhood and Circle shelled out at least $10 million for Trump’s inauguration and related events. Blockchain payments firm Ripple, which faced enforcement action from the U.S. Securities and […]

The post Ripple, Coinbase, Kraken, Robinhood and Circle Have Donated Millions of Dollars to Trump Since Election: Report appeared first on The Daily Hodl.

The Blockchain Group adds 580 BTC as stock jumps 226% since Bitcoin pivot

Circle Reports $18 Trillion in Lifetime USDC Transactions

Circle Reports  Trillion in Lifetime USDC TransactionsThe adoption and use of USDC, a widely used stablecoin issued by Circle, saw substantial growth in 2024, as highlighted in the company’s latest report. USDC Economy Sees Rapid Growth Amid Regulatory Advances In its report, Circle attributed this momentum to advancements in blockchain infrastructure, expanded regulatory clarity, and increasing global demand for efficient payment […]

The Blockchain Group adds 580 BTC as stock jumps 226% since Bitcoin pivot

Circle’s USDC beats Tether USDT in market cap surge during 2024

USDC’s massive growth in 2024 marked the stablecoin’s steady recovery following a 45% market cap drop associated with the Silicon Valley Bank collapse in 2023.

Circle’s USD Coin stablecoin outpaced all other stablecoins in terms of market capitalization growth in 2024, after a decline in 2023.

The circulation of USD Coin (USDC) grew 78% year-over-year, outpacing the growth rate of all global stablecoins, Circle said in its third annual State of the USDC Economy Report released on Jan. 14.

“The growth of USDC in 2024 can be attributed to a combination of factors: the maturing regulatory clarity across major markets, the scalability of blockchain infrastructure, and our relentless focus on trust, transparency and utility,” a spokesperson for Circle told Cointelegraph.

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The Blockchain Group adds 580 BTC as stock jumps 226% since Bitcoin pivot

Circle Joins Big Tech in Donating $1 Million to Trump’s Record Inaugural Fund

Circle Joins Big Tech in Donating  Million to Trump’s Record Inaugural FundCircle, the institution behind the issuance of USDC, the second-largest stablecoin in the cryptocurrency market, has donated $1 million to the inaugural fund of President Trump. Circle joins other tech giants like Microsoft and Google, which have also recently announced donations. Circle Pledges $1 Million to President-Elect Trump’s Inaugural Fund Big tech and crypto have […]

The Blockchain Group adds 580 BTC as stock jumps 226% since Bitcoin pivot

Agora, Galaxy complete AUSD stablecoin’s first live transaction

Agora’s AUSD is the latest entrant into the burgeoning stablecoin market.

Asset manager Galaxy and stablecoin issuer Agora completed the first over-the-counter transaction involving AUSD, Agora’s stablecoin, according to a Jan. 8 announcement. 

“This trade marks the transition of AUSD from proof-of-concept to real-world application,” Nick van Eck, Agora’s CEO, said in a statement. 

Agora’s AUSD is the latest stablecoin seeking to capture market share from incumbents, such as Circle’s USD Coin (USDC) and Tether’s USDt (USDT). It joins other relative newcomers such as Ethena’s USDe. 

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The Blockchain Group adds 580 BTC as stock jumps 226% since Bitcoin pivot