Latest Circle News and Insights | Yellow

Circle has opened the public mainnet of its Arc blockchain, with USDC (USDC) covering network fees and 11 institutions, including BlackRock, Visa and Mastercard, serving as founding validators. Key Points: Arc went live Sept. 16 with more than 100 applications and over 100 institutional builders. Ne

Circle agreed to buy Singapore-based Tazapay for about $400 million in stock, a deal that extends USD Coin (USDC) settlement across more than 100 payout markets. Key Points: Circle will pay roughly $400 million in Class A common stock, with completion expected in 2027. Tazapay handles more than $25

Circle Internet Group shares gained 5% in premarket trading after second-quarter profit topped forecasts, while USD Coin (USDC) supply grew 19% year over year. Key Points: Circle reported $701M in second-quarter revenue, up 7% but below analysts’ $713M estimate. USDC supply reached $73.3B, while qua

Circle won federal approval to launch a national trust bank as banks warn USD Coin (USDC) and other stablecoins could pull $500 billion from US deposits by 2028. Key Points: Circle received final OCC approval on Jul. 10 to open Circle National Trust, a federally supervised national trust bank. Stand

JPMorgan cut its forecasts for Circle and Coinbase, warning that Hyperliquid, which holds about $6 billion in USDC (USDC), roughly 8% of supply, now threatens the stablecoin's economics. Key Points: JPMorgan lowered earnings estimates for Circle and Coinbase, citing a revamped Hyperliquid agreement