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Congressional legislation establishing a regulatory framework for stablecoins could fundamentally alter segments of the $29 trillion U.S. Treasury market, particularly short-term securities that back these dollar-pegged cryptocurrencies. The anticipated bill would legitimize stablecoins while potent

Circle Internet Group, the company behind the world's second-largest stablecoin USDC, saw its shares rocket 168% higher Thursday in a stunning stock market debut that exceeded all expectations. The Boston-based financial technology firm opened trading at $69 per share on the New York Stock Exchange,

Circle, the issuer of the popular USDC stablecoin, has officially priced its initial public offering (IPO) at $31 per share, exceeding its initial expectations of $24 to $26 per share. With a valuation of $6.9 billion, Circle's IPO is a significant milestone in the company’s journey, positioning it

Ripple CEO Brad Garlinghouse has firmly refuted recent rumors claiming that the company had made an offer to acquire Circle, the issuer of the USDC stablecoin, for as much as $5 billion. The speculation, which had been circulating in the crypto community for several weeks, has now been dispelled by

The Circle Payment Network (CPN) announced the integration of its fourth fintech partner, RedotPay, on June 2. The partnership will allow RedotPay users to send funds directly to Brazilian bank accounts, with the money automatically converted into Brazilian Real upon arrival. This marks another mile