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.
The crypto market has started the week well, with Bitcoin and many altcoins beating the American stock market. Bitcoin price has held steady above $88,000, while the valuation of all cryptocurrencies has jumped to $2.75 trillion. This article provides the forecast of top altcoins like Reserve Rights (RSR), IOTA (IOTA), Pendle, and Solana (SOL).
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.
Axie Infinity attracted the attention of gaming and crypto enthusiasts after the recent launch of the much-awaited Origins S12 postseason. At the center of the craze is the Elite 8 Tournament, which will begin next week on April 21.
A launch to $10 looms
TL;DR Season 12 of Origins has officially wrapped up, making way for an exciting postseason. The Elite 8 Tournament begins on April 21st, where the top players will face off for a 3,000 AXS prize pool.
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.
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.
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).
Most altcoins jumped on Thursday as the recent fear among market participants ended after the Liberation Day tariff's pause. These cryptocurrencies may continue doing well this year as Wall Street titans like Blackrock move deeper into the industry.
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%.
Story Highlights The PENDLE price today is $2.99. Pendle Coin's price could hit a maximum of $7.65 in 2025. Pendle coin price with a potential uptrend may peak at a maximum of $80.21 by 2030.
Solana has seen intense selling pressure from both whales and retail investors over the past month, but analysts still expect a price bounce.
The United States' first Bitcoin President is presiding over a crypto market crash. Crypto proponents and firms funded Trump's campaign with hopes of a pro-crypto regulation and policies in the U.S. While initial progress was made on the stablecoin bill and the Strategic Bitcoin Reserve, Trump is changing world order with his Liberation Day tariff announcements.
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.
Aave DAO members are voting on a proposal to add Pendle's Principal Tokens to its V3 Core market. The proposal, posted on the web3 voting platform Snapshot on Apr. 7, suggests listing an initial PT test asset.
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.
Here is how some of your favorite assets concluded the week.
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.
Token unlocks play a pivotal role in the crypto market, impacting liquidity, price volatility, and investor sentiment. They are events in crypto where locked coins or tokens are released and become available for trading in the open market.
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.
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.
The stablecoin rivalry between Tether (USDT) and Circle (USDC) shows no signs of cooling down. In the latest exchange, Tether CEO Paolo Ardoino made headlines by stating that Tether doesnt need to go public, a remark interpreted as a subtle jab at Circle, which recently filed for an initial public offering with the U.S. SEC to list on the NYSE.
After Donald Trumps reelection in November, crypto companies grew hopeful about public listings. Trump promised clearer regulations and aimed to make the U.S. a global crypto hub.
Circle's costs in the process of going public are jeopardizing the company's position as the issuer of the second largest capitalization stablecoin.
The agency also stated that those wishing to create and or redeem covered stablecoins will be able to do so with having to notify the SEC.
Before Trump announced his sweeping tariffs, Circle filed a prospectus for its planned IPO with the SEC.