Circle Launches USDC CCTP V2 on Hyperliquid
Circle to launch native $USDC and CCTP V2 on Hyperliquid amid USDH bids from Agora, Paxos, and Frax. #Update #Crypto $USDC
Circle to launch native $USDC and CCTP V2 on Hyperliquid amid USDH bids from Agora, Paxos, and Frax. #Update #Crypto $USDC
@ChristianCatalini warns that @Stripe’s Tempo and @Circle’s Arc may prioritize commercial success over crypto’s decentralization ideals, potentially replicating traditional finance structures. #Update #Crypto $USDC
@Hyperliquid is set to launch its USDH stablecoin, pending validator approval, amid growing demand as the DEX recorded $398 billion in derivatives trading last month. #Update #Crypto $USDH
@Circle’s shares surged 175% on NYSE debut, closing at $83.23; BlackRock plans to acquire 10% of the stablecoin issuer’s stock. #Update #Crypto $USDC (+7) ↗
@ArkInvest, led by Cathie Wood, invests $373.4M in @Circle’s IPO, making Circle a top holding and selling shares in Coinbase, Robinhood, Block, and Bitcoin ETF. #Breaking #Crypto $CRCL (+9) ↗
@CircleInternet Financial launched on NYSE under ticker “CRCL,” marking a significant milestone for $USDC issuer with a $60 billion market cap. #Update #Crypto $USDC (+7) ↗
Circle’s IPO sees demand 25 times supply, raising $896M with a potential $7.2B valuation; @BlackRock may acquire 10% of shares. #Update #Crypto (+7) ↗
@Circle has filed for an IPO on the NYSE, aiming to raise $624M with a potential valuation of $6.7B. #Update #Crypto (+5) ↗
@CircleInternet announced its IPO of 24M shares at $24-$26 each, planning to list on NYSE as “CRCL.” Major banks underwrite the offering. #Update #Finance (+3) →
Circle denies sale rumors to @Ripple or @Coinbase, focusing on its IPO plans amidst rising institutional interest in cryptocurrencies. #Update #Crypto (+3) ↗
@Ripple and @Coinbase are in talks to acquire Circle, seeking at least $5B, potentially canceling its IPO plans. #Update #Crypto $USDC (+4) ↗
XRP’s potential surge to $10 hinges on Bitcoin Dominance drop and Ripple’s regulatory clarity, with strategic acquisitions and ETF approvals boosting investor confidence. #Update #Crypto $XRP (+6) ↗
US Treasury Secretary Scott Bessent projects a $2 trillion demand for US Treasuries from digital assets, emphasizing the need for US global leadership in this sector. #Update #Crypto (+7) ↗
@Circle secures in-principle approval from Abu Dhabi’s FSRA, advancing its financial services operations in the region with Hub71 partnership enhancing digital asset presence. #Update #Legal (+4) ↗