Circle execs and VCs misread the market — it cost them $2B
Circle VCs and executives sold $270M worth of stock that would have been worth an extra $1.9B had they waited a couple of weeks.
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Circle VCs and executives sold $270M worth of stock that would have been worth an extra $1.9B had they waited a couple of weeks.
Circle's USDC has made substantial gains in 2025 across several metrics against its main stablecoin competitor, Tether's USDT.
Circle’s upcoming IPO will provide a unique opportunity to value the world’s largest stablecoin issuer, Tether.
Circle (CRCL) is going public this week, but traders transposed their excitement to another CRCL stock, which spiked 16,000%.
Circle and Tether, the two largest stablecoins, have adopted different tactics when it comes to the management of their reserves.
Crypto exchanges report around $55M in RLUSD volume over the last 24 hours — 99.4% less than Circle’s $9.8B for its much larger USDC.
Circle has filed to go public and admits that it is 98% less profitable than Tether despite sharing a similar business model.
— Circle, Justin Sun
USDC issuer Circle has announced that it would no longer be continuing support for the stablecoin on Justin Sun's TRON blockchain.
At the end of 2023, algorithmic stablecoins are out, US-based stablecoins are shrinking, and international ones like Tether are exploding.
Circle and Tether executives have engaged in a series of increasingly public spats as the firms vie for control of the stablecoin market.