The new network will use stablecoins such as USDC and EURC to help financial institutions facilitate global money movement and settlement.

TL;DR Circle unveiled a new payments network (CPN) that enables near-instant international transfers using stablecoins like USDC and EURC. The system aims to replace traditional processes by eliminating delays and high fees through blockchain technology and 24/7 operation.

Circle, the issuer behind USDC and EURC stablecoins, is launching a new global payments system that will streamline cross-border bank transactions. According to a press release on Apr.

USDC's supply has risen to just under $61 billion as of April 19, up from $44 billion at the start of the year.

The Circle Payments Network will leverage regulated stablecoins led by USDC and EURC. The CPN will connect global banks, and VASPs to outpace legacy systems like SWIFT. Circle Internet Financial, a top-tier stablecoins issuer, announced the launch of Circle Payments Network (CPN), a blockchain-based platform to connect global financial institutions.

USDC's accelerated growth appears increasingly tied to its regulatory clarity and institutional appeal, particularly as Circle advances plans for a potential IPO.

Circle, the FinTech firm behind the $60 billion USDC stablecoin, is reportedly launching a new payments and cross-border remittance network. According to a report Monday (April 21) by CoinDesk, invitations were sent to industry stakeholders for a launch event April 22 at Circle's headquarters in New York featuring a presentation by CEO Jeremy Allaire.

Circle, the firm behind the $60 billion USDC stablecoin, is set to launch a new payments and cross border remittance network Tuesday to rival Mastercard and Visa. CoinDesk's Christine Lee hosts "Chart of the Day.

Handling USDC disputes has always been a tricky part of using stablecoins. Once you send a payment on-chain, there is usually no way to reverse it—no refunds, no chargebacks, and no easy fix if something goes wrong.

Circle introduces a new payments network targeting global remittances.

Binance has announced the launch of its 68th project on the Binance Launchpool, featuring Initia (INIT), an omni-chain rollups network designed to enhance the capabilities of appchains.

Circle, the issuer behind the USDC stablecoin, has officially introduced the Refund Protocol—an advanced smart contract framework developed by Circle Research.

Panama City has joined the growing list of global jurisdictions that accepts crypto payments.

Crypto payments protocol AEON is partnering with Stellar to accelerate the adoption of crypto for payments across Southeast Asia.

TL;DR Converge, the upcoming blockchain developed by Ethena and Securitize, is scheduled to launch its mainnet by the end of Q2 2025. It will leverage Arbitrum's scalability technology and Celestia's data availability layer to deliver superior performance with low latency.

Decentralized finance (DeFi) protocol Ethena and tokenization firm Securitize said they will use part of Arbitrum's tech and data availability network Celestia for their real-world asset focused, Ethereum-compatible blockchain, aiming to launch mainnet in the second quarter of this year.

The founder and lead developer of Ethereum Name Service has warned his X followers of an “extremely sophisticated” phishing attack that can impersonate Google and trick users into giving out login credentials. The phishing attack exploits Google's infrastructure to send a fake alert to users informing them that their Google data is being shared with law enforcement due to a subpoena, ENS' Nick Johnson said in an April 16 post to X.

Nick Johnson, a well‑known Ethereum Name Service (ENS) engineer, disclosed a cunning phishing campaign that preyed on weak spots within Google's backbone, notably a recently patched OAuth flaw.

A launch to $10 looms

The TRUMP token team has sparked fresh controversy by quietly removing $4.6 million in USDC from its liquidity pool ahead of a $320 million token unlock, fueling trader concerns about potential volatility and insider activity. The post Is TRUMP Token About to Crash? Devs Quietly Remove $4.6M USDC From Liquidity Pool appeared first on Cryptonews.

Noble plans to expand its capabilities by launching Applayer. AppLayer is an Ethereum-compatible rollup that will help developers to create RWA applications.

Forget about Bitcoin (BTC -1.98%). Forget about speculative meme coins.

Official Trump (TRUMP) developers drained $4.6M USDC from the liquidity pool, bridging the proceeds to Ethereum.

Digital currencies traded in the red on Wednesday as Bitcoin failed to hold above the key region of $85,000. Amidst the uncertainty, layer1 blockchain Sui Network attained a crucial milestone in its DeFi journey.

Noble, a blockchain for issuing real-world assets (RWA) and stablecoins, announced Wednesday that it will expand its platform by introducing “AppLayer,” an Ethereum-compatible rollup that allows developers to create their own RWA applications and infrastructure.

Circle will deploy its stablecoin, cross-chain transfer protocol, and wallet on layer 1 blockchain Monad's mainnet when it goes live.

Inquiries about the USDC revenue split between the two companies began in 2023 while Gary Gensler was still head of the SEC, according to correspondence.

Just last week, the FT reported that Tether's considering a US-only stablecoin. Why? Because their current $144 billion-dollar stablecoin USDT may not comply with potential new US regulation (which is still making its way through the relevant checkpoints down in DC).

Celestia launches MAMO-1 testnet with 128MB blocks and 21.33MB/s throughput Celestia aims for 1GB blocks, but TIA token struggles amid tech progress

Modular blockchain Celestia has launched a new testnet, mamo-1, designed to push the network's scalability to new extremes ahead of future mainnet upgrades. According to an Apr.

The crypto market has registered a marginal increase as most cryptocurrencies, including Bitcoin (BTC), remained steady over the weekend. The crypto market cap currently sits at $2.69 trillion.

First Digital Labs has published a new report confirming that its FDUSD stablecoin remains fully backed by reserves, as it faces fraud accusations from Justin Sun. The post FDUSD Stablecoin Fully Backed, Says First Digital Labs Amid Justin Sun Fraud Allegations appeared first on Cryptonews.

First Digital Labs has released a new attestation report confirming that its FDUSD stablecoin is fully backed despite ongoing fraud accusations from Tron founder Justin Sun. According to the report published on Apr.

The cryptocurrency market rallied sharply on Thursday after President Donald Trump paused tariffs imposed on almost all nations for 90 days, giving the stock and crypto markets a much-needed breather from constant volatility. The crypto market registered substantial gains, with some tokens rallying nearly 50%.

Solana has seen intense selling pressure from both whales and retail investors over the past month, but analysts still expect a price bounce.

TL;DR On April 8, 2025, the USDC Treasury burned 51 million tokens on the Ethereum network. This move is part of Circle's routine strategy to adjust liquidity and maintain its 1:1 peg to the U.S. dollar. The burn had no negative impact on the market or DeFi ecosystem, reinforcing USDC's strength as a reliable stablecoin.

Sun claimed that First Digital Trust misappropriated $465 million worth of TrueUSD stablecoin reserves, which is being denied by FDT.

Bitcoin (BTC) and the crypto markets plunged on Monday morning (Asia). The week started with a bloodbath as Donald Trump's tariffs decimated the global stock markets.

Larry Fink, the billionaire CEO of BlackRock, is now locked in with Donald Trump, sitting inside the president's tight inner circle after years of tension with the Republican party.

The payment solution developed by the leading crypto exchange Binance has made the stablecoin USDC the default currency for its new users. In a post on social media platform X, USDC issuer Circle says that its US-dollar pegged stablecoin is now the preset token on Binance Pay, which also supports over 100 other crypto assets.

Today's edition of the weekly recap covers multiple announcements from the U.S. Securities and Exchange Commission (SEC), Circle's initial public offering and the fallout of President Trump's tariffs.

The past week was a whirlwind of activity in the cryptocurrency world. From Ripple's concerns about the UK's crypto regulation to Circle's renewed public listing ambitions, and the anticipated Bitcoin price surge, there was no shortage of intriguing developments.

Celestia (TIA) has recently experienced a significant drawdown, losing nearly 30% of its value in the past two weeks. This decline has been attributed to the broader bearish market conditions, which caused panic among investors.

Stablecoin issuer USDC may delay going public due to concerns about Donald Trump's trade policies and a potential recession.

The Securities and Exchange Commission (SEC) has officially taken a position on one of the most controversial issues in cryptocurrency regulation.

Stablecoins just hit $233B — but is a quiet power shift underway between USDT and USDC?

At the end of March, World Liberty Financial, the crypto company affiliated with President Donald Trump and his family, announced plans to launch a new stablecoin known as USD1.

As waves of economic uncertainty overwhelm the markets, the crypto universe holds its breath. Circle, the stablecoin giant, wavers between ambition and caution.