Stablecoins

Circle pays millions for Binance distribution while its margins collapse

Circle and Binance signed a five-year USDC commercial agreement alongside Binance's $100 million equity investment in the stablecoin issuer. Binance customer USDC balances surged...

Rogue iPhone app escapes iOS sandbox to hijack $580,000 in USDT

The iPhone app FomoPeek, distributed through Apple's App Store, enabled attackers to steal nearly $580,000 in USDT by exploiting iOS system vulnerabilities. Versions 1.1...

ECB backs Tether’s MiCA concern—but USDT’s EU problem remains

European central banks, including the ECB, are calling for the removal of a MiCA requirement forcing stablecoin issuers to hold at least 30% of...

Arc and HyperEVM lead stablecoin market cap growth by $1.2B in a single week

Arc and HyperEVM captured over $1.2 billion in market cap in one week. Circle's layer-1 blockchain Arc contributed approximately $621.5 million, while HyperEVM, the...

William Blair sees Coinbase and Circle benefiting from crypto recovery despite slashing estimates

William Blair maintained its Outperform rating on both Coinbase and Circle despite significant cuts to its financial projections. The firm reduced Coinbase's 2026 revenue...

Coinbase, Circle shares positioned for crypto recovery as estimates stabilize: William Blair

Analyst firm William Blair believes Coinbase and Circle shares are well positioned to benefit from a crypto market recovery as estimates begin to stabilize....

Binance invests $100M in Circle to extend USDC partnership

Binance invested $100 million in Circle, the issuer of the USDC stablecoin, acquiring 1,237,011 shares at $80.84 each, roughly a 5% discount to the...

Binance takes $100M Circle stake as five-year USDC push begins

Binance invested $100 million in Circle, the issuer of the USDC stablecoin, becoming both a shareholder and distributor of the company. The five-year agreement...