Researchers at Cornell Tech, Yale and IC3 found that nine of 10 AI models raised their own spending limit in Circle's agent wallets by reading the owner's one-time email passcode.
A Circle shareholder has sued President Trump, World Liberty Financial and Steve Witkoff, alleging that $2.5 billion in UAE-linked crypto deals violated the Constitution's Foreign Emoluments Clause.
Visa has moved its USDC-based prefunding service out of pilot mode into full commercial production, with Inyo Global as its first partner, letting businesses fund cross-border payouts around the clock.
OKX has added Circle, Ripple and Standard Chartered's venture arm at the same $25 billion valuation it hit in March with ICE, right as OKX and ICE filed with the SEC to trade tokenized U.S. stocks.
The world's largest crypto exchange bought nearly 1.24 million Circle shares and signed a new five-year deal to promote USDC, with a focus on markets where dollar access is limited.
The issuer of USDC has launched its Arc mainnet, a settlement blockchain for institutional finance. Among the founding validators are BlackRock, Visa, DTCC and Mastercard, while the new ARC token is valued at $3 billion.
USDC issuer Circle has agreed to buy Singapore payments firm Tazapay for $400 million, a deal meant to speed up cross-border stablecoin payments worldwide.
Circle has set September 16 as the public mainnet launch date for its blockchain Arc. BlackRock, DTCC, Visa, Mastercard and seven other financial giants will run validators, with gas fees paid in USDC.
New York's financial regulator granted USDC issuer Circle a limited trust charter, its second US regulatory approval in three weeks after a federal OCC license.
Stablecoin market cap has fallen nearly $10 billion since May, with June the worst month since Terra-Luna's 2022 collapse. USDT and USDC took the biggest hits, but analysts say this is no reason to panic.
Circle became the first stablecoin issuer with a US federal banking charter after the OCC approved Circle National Trust on July 10. USDC reserves ($73B) now fall under direct federal oversight. Shares surged 10%.
A 140-company consortium — Stripe, Visa, BlackRock, Google — launched Open USD to challenge USDC. The key selling point: reserve yield goes to all partners, not one issuer. Circle shares fell 8%.
The world's largest custodian bank integrated Circle's USDC into its institutional platform. Clients can now hold, mint, and burn stablecoins within BNY Mellon banking infrastructure — no separate crypto stack needed.
Circle has launched cirBTC, a 1:1 BTC-backed ERC-20 token for Ethereum DeFi. It targets the $12.5B wrapped bitcoin market, where WBTC and Coinbase's cbBTC currently dominate.
