United States has finally passed the STABLE Act for all USD-pegged stablecoins operating in the country, such as Tether (USDT), Circle (USDC), and others. This is a major milestone for the US stablecoin industry as the US House Financial Services Committee passed the act with a 32-17 vote to bring clarity to this digital assets
The American fintech firm is planning to go public following the reporting of a bumper stablecoin reserve income for 2024.
Eight crypto wallets used by financial facilitators of the Houthis were identified and sanctioned by the United States Treasury.
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.
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.
GameStop and Tether are deepening their exposure to Bitcoin, with GameStop raising $1.5 billion to add the cryptocurrency to its treasury and Tether expanding its Bitcoin holdings.
The stablecoin issuer Tether is reportedly sitting on $3.86 billion worth of unrealized Bitcoin (BTC) profits. The crypto tracker Spot On Chain notes Tether has the sixth-largest Bitcoin wallet in the world, with its reserves totaling 92,647 BTC worth $7.88 billion at time of writing.
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.
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.
Tether, the company issuing the largest stablecoin, announced that it purchased 8,888 Bitcoin in the first quarter of 2025. Now, Tether's wallet is 7.8 billion dollars and is the sixth largest holder of BTC in a single wallet. Tether, the company issuing the largest stablecoin USDT, announced that it purchased 8,888 Bitcoin in the first quarter of 2025. The CEO of Tether, Paolo Ardoino, shares the announcement on X:
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.
South Korean police are hunting for three foreign nationals accused of fleeing the country after stealing 240 million won ($163,000) in cash as part of an OTC USDT trade. The post South Korean Police Launch International Manhunt for ‘OTC USDT Thieves' appeared first on Cryptonews.
Tether, the developer of USDT, has added 8,888 Bitcoins to its holdings valued at around $735 million at the time of the transaction. This latest market move by the popular stablecoin issuer was reported by Arkham.
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.
Bitcoin broke out from a bullish inverted head-and-shoulders pattern and is poised to hit the $88,500 level.
Circle, the company behind the USDC stablecoin, has officially filed for an initial public offering with the U.S. Securities and Exchange Commission.
Coinbase receives half the revenue from Circle's USDC reserves, deepening ties between the crypto giants, a new IPO filing reveals.
Circle Internet Group Inc., a leading stablecoin operator, is aiming to go public with an S-1 filing that outlines major opportunities and challenges in the fast-evolving digital finance sector.
Stablecoin issuer Circle Internet Group has filed an S-1 registration statement for an initial public offering in the US, an April 1 filing with the Securities and Exchange Commission shows.The USD Coin (USDC) issuer is planning to list its Class A common stock on the New York Stock Exchange under the symbol “CRCL,” the filing shows. Circle's prospectus does not detail the number of shares to be offered or what the IPO target price will be.
Crypto stablecoin issuer Circle Internet Group has filed with the US Securities and Exchange Commission to go public on the New York Stock Exchange.The USDC (USDC) issuer is planning to list its Class A common stock under the symbol “CRCL,” according to its April 1 Form S-1 registration statement with the SEC. Circle's prospectus does not detail the number of shares to be offered or what its initial public offering target price will be.
Circle files IPO prospectus with SEC to list on NYSE under CRCL, as stablecoin laws gain traction in Washington. The post Circle makes IPO filing with SEC as stablecoin regulation gains traction appeared first on Crypto Briefing.