Topic
circle
12 stories
Circle beat estimates on a one-off token sale — and cut 5% of staff in the footnotes
Circle posted $865 million in Q3 revenue and a 127% earnings beat, but the quarter was lifted by a one-time $182 million ARC token presale even as reserve income fell 8% and the firm cut about 5% of staff.
Ark trims its own Bitcoin ETF and adds to Circle as BTC grinds below $80,000
Ark Invest bought $5.2 million of Circle stock and sold $15.9 million of its own ARKB spot Bitcoin ETF on Monday as bitcoin held below $80,000 ahead of Wednesday's Fed decision.
Circle breaks down its USDC economics as challengers circle, keeping about 7 cents of profit per revenue dollar
Circle disclosed how it splits USDC revenue in a blog post, saying it paid $819 million to distribution partners and transaction costs and reinvested $473 million in the first half of 2026, as new stablecoin rivals challenge its economics.
Visa Direct puts USDC prefunding into production with Inyo Global as first processor
Visa Direct has moved its USDC stablecoin prefunding service into commercial production through processor Inyo Global, letting eligible payment firms fund cross-border payouts around the clock.
EBA tags USDC as the EU's first 'significant' stablecoin, taking over reserve oversight
The European Banking Authority has classified Circle's USDC as the EU's first "significant" e-money token under MiCA, taking over direct supervision of its reserves and liquidity from November 12.
Circle Lines Up Visa, Mastercard and BlackRock as Arc Validators, Decrypt Reports
Decrypt reports that Circle has lined up Visa, Mastercard and BlackRock as validators on Arc, its own Layer-1 network, ahead of a September launch, with terms undisclosed.
Circle beats on profit, misses on revenue, and puts Wall Street names on its Arc validator set
Circle beat profit estimates but missed on revenue for Q2 2026, and named BlackRock, DTCC, ICE, Visa and Mastercard as founding validators for its Arc blockchain, which launches Sept. 16.
Circle picks up a New York trust charter — while the reserve job its federal bank was pitched for stays deferred
Circle said Friday it won a limited-purpose trust charter from New York's financial regulator, three weeks after OCC approval of a national trust bank whose USDC reserve role is deferred.
Circle suspended a Tether-backed arbitrage fund over manipulation fears, unsealed filings show
Arbitration records unsealed in Boston show Circle cut off Heka Funds' USDC minting and redemptions in December 2023 after concluding the Tether-backed arbitrage fund might be manipulating the market; the arbitrator found no breach of contract.
Two Wall Street banks turn on Circle's stablecoin economics — while two others say the fear is overdone
Mizuho cut Circle to underperform with a $50 target and JPMorgan trimmed estimates, both warning that new rival Open USD and richer distributor deals will squeeze USDC's reserve-income economics; Bernstein and William Blair disagree.
Ark Invest adds ~$17M in Coinbase, Circle, Bullish and Robinhood shares on Monday rally
Ark Invest bought roughly $16.9 million in Coinbase, Circle, Bullish and Robinhood shares across three of its ETFs on Monday, June 29, as all four crypto-linked stocks rose in a broad market rally.
Circle Loses Nearly a Fifth of Its Value as a 140-Company Consortium Unveils a Stablecoin That Shares the Yield
Circle shares fell roughly 16–17% to a four-month low below $63 after a 140-company consortium including Stripe, Coinbase, Visa and BlackRock announced Open USD, a yield-sharing stablecoin that is not yet live.