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Coinbase Wins USDC Treasury Deployer Seat on Hyperliquid, Circle Handles Cross-Chain Infrastructure

Coinbase is stepping in as the official treasury deployer for USDC on Hyperliquid under a new framework called AQAv2, ending a fragmented stablecoin setup on one of decentralized finance’s most…

Continue ReadingCoinbase Wins USDC Treasury Deployer Seat on Hyperliquid, Circle Handles Cross-Chain Infrastructure

Circle Internet Group Gains 16% as Arc Blockchain Raise Draws Blackrock and Apollo

While American bankers, lawmakers, stablecoin issuers, and crypto exchanges trade barbs, Circle investors appear entirely unbothered. Circle Internet Group (NYSE: CRCL) closed roughly 16% higher on Monday at Wall Street’s…

Continue ReadingCircle Internet Group Gains 16% as Arc Blockchain Raise Draws Blackrock and Apollo

Circle Pulls $222 Million From Blackrock and A16z to Launch Arc Blockchain at $3B Valuation

Circle Internet Group raised $222 million in a private presale of its ARC token, tied to a new stablecoin-native layer-one (L1) blockchain called Arc, at a fully diluted valuation of…

Continue ReadingCircle Pulls $222 Million From Blackrock and A16z to Launch Arc Blockchain at $3B Valuation