Circle dragged for dragging feet as DeFi protocol GMX hacked
USDC stablecoin issuer Circle has been criticized for not freezing $9M taken in the GMX protocol hack quickly enough.
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USDC stablecoin issuer Circle has been criticized for not freezing $9M taken in the GMX protocol hack quickly enough.
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.
First Digital Trust has defended its firm after Justin Sun claimed it had misappropriated the vast majority of TrueUSD reserves.
Circle has filed to go public and admits that it is 98% less profitable than Tether despite sharing a similar business model.
Filings reveal that Techteryx, the firm behind TrueUSD, required a loan from Justin Sun after its reserves got stuck in First Digital Trust.
— Stablecoins, Trump
World Liberty Financial has announced USD1, its new stablecoin, without consulting with governance token holders.
Despite excellent political and banking conditions for stablecoins, PayPal’s PYUSD and Ripple’s RLUSD are still less than 1% of the market.