Stablecoins continue to accelerate in what has been a volatile year for crypto

On April 3rd, the USDC Treasury minted 250 million USDC on the Solana blockchain, according to blockchain tracker Whale Alert. The freshly created tokens, valued at approximately $249.9 million, were issued just hours before press time as part of Circles ongoing efforts to boost USDCs circulating supply and meet growing market demand.

That means anyone signing up for Binance Pay will automatically use USDC for transactions. For starters, sending and receiving money just got easier.

SUI eyes a potential breakout, but sellers remain firmly in control below $2.52.

On April 3rd, the USDC Treasury, in its regular attempt to boost the supply of USDC in circulation, created 250 million fresh USDC tokens on the Solana blockchain, according to data provided by blockchain tracker Whale Alert.

Borderless CEO Kevin Lehtiniitty gives the bear case for Circle, after the firm filed an S-1 to go public in the U.S.

Singapore-based fiat-to-crypto payments provider Alchemy Pay has expanded its solution with support for Hedera's native token.

SUI is currently down 56% from its January all-time high, consolidating around a key support level as the broader market battles ongoing volatility and selling pressure. Like much of the crypto space, SUI has been hit hard by global macroeconomic uncertainty and investor risk aversion, leading many analysts to expect a continuation of the downtrend.

Circle's IPO filing reveals surprising revenue-sharing arrangement with Coinbase as USDC maintains stability despite market pressures.

With both Circle and OpenAI making two groundbreaking financial announcements this week, shockwaves have been sent through both the tech and finance worlds.

Sui is taking blockchain beyond finance and into entertainment with Sui Splash™. At Sui Waterpark, visitors access facilities with digital passes.

Sui price continues to hold above its key support zone despite the recent token unlock and is eyeing a potential bullish reversal if it can break above a key resistance level of $2.52. Sui (SUI) is currently trading at $2.

A trader spots a promising opportunity on a Cosmos-based exchange, initiates a USDC transfer from Ethereum, and then waits. Twenty minutes pass while market conditions shift with each second.

The American fintech firm is planning to go public following the reporting of a bumper stablecoin reserve income for 2024.

We already revisited the Dan Tapiero quote about an imminent “crypto IPO, M&A, SPAC boom.” And I wrote about the possible “feeding frenzy” coming on the M&A side.

On today's show, crypto investors await President Trump's announcement on new tariffs on goods imported into the United States. Plus, Circle, the company behind the USDC stablecoin, has filed for an initial public offering with the SEC.

We finally have Circle's S-1 and, honestly, it's just as juicy as I had hoped.

Circle Internet Group is looking to become a publicly-traded company, filing for an IPO. It plans to use the ticker 'CRCL.

Sony Electronics Singapore partnered with Crypto.com to accept USDC payments, which is a huge step toward mainstream crypto adoption in the region.

Circle's new initial public offering (IPO) filing has shed light on its relationship with Coinbase, including the millions paid to the exchange for USDC stablecoin distribution. According to the filing, over 50% of the firm's revenue in 2024 went to Coinbase.

Story Highlights The live price of SUI crypto is . The SUI price is expected to reach a high of $7.01 in 2025. With a potential surge, the price may reach $23.77 by 2030.

Sony Electronics Singapore has announced the acceptance of USDC stablecoin payments through a partnership with Crypto.com.

Cryptocurrency firm Circle has revealed surprising insights in its recent IPO filingCoinbase earns more from USD Coin (USDC) than Circle itself. Circles largest expense in 2024 was a staggering $908 million paid to Coinbase for USDC distribution.

USDC issuer Circle has filed for an IPO with the SEC, aiming for a $4-5 billion valuation, as it navigates volatile market conditions and regulatory challenges.

Circle Internet Financial, the company behind USD Coin (CRYPTO: USDC), is showing a mixed financial picture ahead of its planned public listing, with revenue up by 16%, but profitability down due to higher costs and increased redemptions. What Happened: In a post dissecting the newly filed S-1 prospectus, Matthew Sigel, Head of Digital Assets Research at VanEck, highlighted the disconnect between Circle's topline momentum and its bottom-line performance.

TL;DR Circle disclosed in its IPO filing that in 2023, it purchased the remaining 50% equity stake in Centre Consortium from Coinbase for $210 million worth of shares. This acquisition positioned Circle as the sole issuer of the USDC stablecoin, effectively dissolving the joint venture entity Centre.

Circle Internet Group, the company behind the USDC stablecoin, filed for an initial public offering on Tuesday after markets closed, as it prepares to list its shares on the New York Stock Exchange.

What happens if you build the second-largest stablecoin in the world, with over $60B in market cap – but someone else earns most of the profits? That's exactly the situation that Circle finds itself in with $USDC.

Coinbase Global is entitled to half of the residual revenue generated from reserves backing Circle's USDC stablecoin, according to new disclosures in Circle's S-1 filing. The post Coinbase Receives 50% of Circle's USDC Reserve Revenue, IPO Filing Reveals appeared first on Cryptonews.

Today, Crypto.com announced a new partnership with Sony Electronics. The partnership serves to enable direct payments in cryptocurrencies in Singapore, given that now Sony customers in Singapore can now use crypto to make purchases on Sony Store Online by paying with Crypto.com Pay.

Circle Crypto aims for a $5 billion IPO despite financial struggles, rising USDC supply, and competition.

Sony Electronics' Singapore has added cryptocurrency payments in partnership with crypto exchange Crypto.com.

Circle files for NYSE IPO valued at $4-5 billion as USDC market cap hits $60 billion amid growing stablecoin adoption and crypto-friendly regulations.

People shopping on the Sony Store Online in Singapore can now pay with cryptocurrency, according to an April 2 announcement from the crypto exchange Crypto.com.

Circle has taken a significant step toward going public by filing for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC).

Sony Electronics Singapore now accepts USDC payments on its online store via Crypto.com Pay, with plans to support more cryptocurrencies.

Sony Electronics announced it will accept USDC stablecoin payments in Singapore facilitated by Crypto.com.

Shady crypto mixing protocol eXch is merging with an offshore entity and restructuring to evade scrutiny over laundering tens of millions stolen from Bybit.

Sony Electronics (Singapore) Pte. Ltd. (SES) has announced a partnership with Crypto.com to accept USDC, a U.S. dollar-pegged stablecoin, for direct payments on Sony Store Online. This integration aims to make cryptocurrency payments more accessible to consumers, particularly tech-savvy shoppers. Crypto.

Circle revealed its plans to go public by June this year. Circle reported a significant $1.68 billion reserve income by 2024 end.

Sony Electronics Singapore has enabled direct USDC payments via Crypto.com Pay at its online store, marking the first time a major consumer electronics brand in the country has integrated cryptocurrency payments. The rollout began this week and allows shoppers to use the US dollar-pegged stablecoin for purchases, with plans to support more digital assets soon.

The online store of a Singapore-based subsidiary of Japanese tech behemoth Sony is now accepting USDC payments through Crypto.com.According to an April 2 announcement, Sony Electronics Singapore now accepts USDC (USDC) stablecoin payments through an integration with the Crypto.com exchange. Crypto.com Singapore general manager Chin Tah Ang said: “We're pushing to make paying in crypto more mainstream and partnering with a well-established and forward-thinking brand like Sony Electronics Singapore further raises awareness of how simple it can be to pay for everyday goods and services using crypto.

Sony Singapore has announced that it will start accepting customer payments in USDC through Crypto.com. The company also plans to accept other crypto assets in the future.

The recent IPO filing of cryptocurrency firm Circle has revealed that the company makes less money off the USD Coin (USDC) stablecoin than cryptocurrency exchange Coinbase.

Sony's Singapore online store now accepts USDC payments via Crypto.com Pay, offering shoppers a new crypto checkout option. The post Sony Singapore Integrates USDC Payments Through Crypto.com appeared first on Cryptonews.

Circle Internet Financial, the issuer of the world's second-largest stablecoin, USD Coin (CRYPTO: USDC), filed a prospectus for an initial public offering with the Securities and Exchange Commission on Tuesday. What Happened: The company plans to list its Class A common stock on the New York Stock Exchange under the ticker symbol "CRCL," according to an S-1 registration statement, a prerequisite for firms to go public.

USDC payments are now live on Sony's Singapore store, with the company hinting at the addition of other cryptos in the future.

Circle, the issuer of the USDC stablecoin, has filed for an initial public offering (IPO), marking a major step toward becoming a publicly traded company. The firm has submitted its prospectus to the Securities and Exchange Commission (SEC), aiming to list its shares on the New York Stock Exchange under the ticker symbol “CRCL.