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Shares of Circle (USDC) Internet Group surged roughly 30% on Wednesday to nearly $80, after the company posted fourth-quarter revenue of $770 million - up 77% year-over-year - and a 412% jump in adjusted EBITDA to $167 million. The results exceeded analyst estimates, with William Blair noting a reve

Stablecoin reserve growth could generate enough demand for U.S. Treasury bills to allow Washington to scale back long-dated bond issuance, in a shift that would tie the structure of the world’s largest sovereign debt market increasingly to the expansion of digital dollars. In a note issued on Monday

Circle (USDC) Ventures has invested an undisclosed amount in edgeX, a decentralized perpetual futures exchange, with plans to deploy native USDC and Circle's Cross-Chain Transfer Protocol on the project's EDGE Chain. The deal was completed last month, with Circle acting as the sole investor in the r

Tether (USDT) froze $544 million in USDT at Turkish authorities' request, blocking assets tied to alleged illegal betting networks run by fugitive Veysel Sahin. The stablecoin issuer confirmed its cooperation with Istanbul prosecutors investigating underground gambling platforms and money laundering

Ark Invest, led by CEO Cathie Wood, added approximately $25 million worth of shares in Circle, Bitmine, Bullish, Coinbase, and Block Inc. on Monday as the crypto-linked stocks continued their steep decline alongside the broader digital asset market. What Happened: Cathie Wood Expands Crypto Holdings