Circle

USDC stablecoin issuer Circle files confidentially for an IPO

After trying to go public twice via SPAC deals, Circle is trying to go public once again. Would that other private tech companies were as bold.

Stablecoin company Circle going public makes good sense

It may seem incongruous to see Circle considering going public during a crypto winter, but the IPO does not come as a massive surprise given its source of revenue.

X is shutting down its Circle feature in October

Elon Musk-owned X, formerly Twitter, is shutting down its Circle feature — bringing an end to its glitchy history — which allowed users to share a post only with a set of people. It was the social

USDC issuer Circle expands Asia focus in push to enter the region’s flourishing payments ecosystem

How can Asian businesses send and receive payments cheaper, faster and more securely? Circle thinks the answer may come from blockchain and stablecoins.

Crypto needs a global view to build better regulatory models

Growing concerns in the U.S. crypto industry around regulation is making overseas opportunities look more appealing.

KuCoin and Circle back Chinese yuan-pegged stablecoin in $10M round

Circle Ventures, the venture arm of the USDC issuer Circle, has invested in an offshore Chinese yuan-backed stablecoin project, CNHC. It’s hard to overlook the timing and strategic significance

Uncertainty stands around multibillion USDC empire as issuer Circle held reserves at Silicon Valley Bank

Update: After publication and our first update to include Circle’s initial statement regarding USDC’s reserves, the company announced that “3.3 billion of the ~$40 billion of USDC re

Coinbase and others back ex-FTX US president’s crypto trading infra startup Architect

It has been nearly four months since Brett Harrison stepped down as president of FTX US, the American division of the now-bankrupt crypto exchange. Now, he has raised $5 million for his own startup, A

Circle and Footprint’s aborted debuts are the final nail in the SPAC coffin

Inside the twin SPAC cancellations making news this week, there is an interesting fact: Circle and Footprint both tried to amend their pricing, but it was not enough to get their deals done.

Thoughts on the demise of Circle’s SPAC deal

Declining USDC in circulation means that the asset base from which Circle generates much of its revenue is also falling. That's a harder growth story to pitch.

Is this what good news feels like?

Equity is getting into the holiday spirit. And by that we mean thinking far too much about the geopolitical-technological landscape.

Binance to stop supporting USDC, the second largest stablecoin

Binance, the issuer of the world’s third-largest stablecoin, said on Monday it will convert customers’ holdings in three rival stablecoins USD Coin (USDC), Pax Dollar (USDP) and True USD (

Why Twitter anons are sending crypto to celebrities

Welcome back to Chain Reaction. Last week, we talked about a hack that gave new, ironic meaning to the word “trustless.” This week, we’ll get into one of the most polarizing aspects

BlackRock, Fidelity and others to invest $400M in USDC stablecoin issuer Circle

Circle, a crypto-focused financial technology firm, has entered an agreement for a $400 million funding round, the company announced. It is expected to close in the second quarter of 2022. Investors i

Terra’s founder plans to back its stablecoin with a ‘basket’ of cryptocurrencies

These bitcoin purchases are just the beginning of Do Kwon and Terra’s larger road map to expand and integrate the TerraUSD stablecoin deeper into the crypto ecosystem.

Circle to double in value to $9 billion with revamped SPAC deal

Cryptocurrency company Circle has announced that it has terminated its previous agreement with Concord Acquisition Corp., a publicly traded blank-check company — a SPAC. At the same time, it has rea

The rich get richer: Rethinking Bitcoin’s power as an inflation hedge

As the 1% seeks a greater slice of the crypto pie, there is an argument to be made that this might leave the market at the mercy of the 1%, contradicting Bitcoin’s intended vision.

Crypto world shows signs of being rather bullish

Bitcoin maximalists aren't going to find much here that underscores their core thesis that every coin not mentioned in Satoshi's whitepaper is, in fact, a scam. Save your tweets, please.

Pillar VC closes $192M for two funds targeting SaaS, crypto, biotech, manufacturing

As its name suggests, venture firm Pillar VC is focused on building "pillar" companies in Boston and across the Northeast.

Circle is a good example of why SPACs can be useful

Circle is the sort of business that is correct for a SPAC-led debut. It could not go public in a traditional manner in its current state of maturity.
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