Circle Moves $68M in USDC to Speed Treasury Settlements
Circle Circle used USDC via its Mint platform to settle $68M in intercompany transfers across eight entities, reducing settlement time to under 30 minutes.
USDC
CRCL Stock Rises as Oil Spike and USDC Activity Lift Circle Shares
CRCL stock climbs as Middle East tensions push oil higher and boost USDC activity, strengthening Circle revenue tied to Treasury yields.
Coinbase Pushes Back on U.S. Crypto Tax Reporting Rules
Coinbase criticizes new Internal Revenue Service crypto tax rules requiring reporting of stablecoins and small gas fees.
South Korea Blocks Dollar Stablecoins for Corporates
South Korea bars corporations from trading dollar-pegged stablecoins like USDT and USDC under new crypto corporate guidelines.
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