Gate News bot message, Tether (@Tether_to) executed another 1 billion USDT CEX operation approximately 6 hours ago. In total, both Tether and Circle have conducted CEX operations amounting to $7 billion in stablecoins following the October 11 market crash, according to the data shared by Lookonc

Gate News bot message, Tether (Tether_to) has conducted another significant USDT burn operation, destroying 1 billion USDT tokens. This burn follows a series of stablecoin reductions by major issuers in the aftermath of the October 11 market downturn. Together with Circle, stablecoin issuers have no

Gate News bot message, the latest data reveals Tether and Circle have secured their positions as the highest revenue-generating projects in the cryptocurrency space. According to revenue figures, HyperliquidX and pump.fun follow with $83M and $56M respectively. The data also shows other significant

Gate News bot message, Aster has secured the third position in September's fee rankings with $137 million, trailing behind industry veterans Tether and Circle. The platform's Stage 2 points farming program is approaching its conclusion, with Stage 3 scheduled to follow. Based on the current $ASTE

Gate News bot message, according to recent data, Tether has generated the highest fees of $22 million in the last 24 hours. Aster DEX secured the second position with $9.6 million in fees, overtaking Circle which recorded $7.7 million. The data also shows other notable platforms' fee generations: U

Gate News bot message, USDC supply on Ethereum has hit historic peak levels following two significant milestones. On June 5, Circle completed its public listing on the New York Stock Exchange (NYSE), while the subsequent passage of the GENIUS Act into law on July 18 further marked this growth period

BlockBeats news, on September 5th, according to Lookonchain monitoring, Tether minted another 2 billion USDT 36 minutes ago. In the past month, Tether and Circle have minted stablecoins worth 12 billion USD.

PANews September 4 news, according to SolanaFloor monitoring, pump.fun's revenue in the past 24 hours reached $2.55 million, surpassing Hyperliquid's $2.23 million during the same period, becoming the application with the highest revenue in the Crypto Assets field, currently only behind stablecoin issuers such as Tether and Circle.

South Korean retail investors purchased more than $12 billion in crypto stocks in the US, reshaping global capital flows. In August alone, the purchase amounts reached $426 million for Bitmine, $226 million for Circle, and $183 million for Coinbase, with significant investments in Ethereum ETFs as well, reflecting the impact of stablecoin legislation.

PANews, August 30th news, according to official data, in the 7 days ending on August 28th, Circle issued approximately 8.4 billion USDC and redeemed about 4.9 billion USDC, with a circulating supply increase of approximately 3.5 billion. The total circulating supply of USDC is 70.5 billion, with reserves of about 70.6 billion USD, including approximately 10.4 billion in cash, and the Circle Reserve Fund holds about 60.2 billion.

Odaily News According to market news: The Governor of the Central Bank of Korea stated that discussions were held regarding the company's stablecoin business during a meeting with executives from Circle.

According to BlockBeats news on August 28, Bloomberg reported that stablecoin giants Circle and Paxos are testing a new Crypto Assets issuance verification technology to help verify their digital asset holdings in real-time. Circle and Paxos are collaborating with the fintech startup Bluprynt, founded by Georgetown Law School professor Chris Brummer, utilizing Cryptography and Blockchain technology to provide issuer verification during the physical issuance of stablecoins, allowing tokens to be traced back to the verified issuer.

According to BlockBeats, on August 27, the decentralized lending protocol Aave Labs launched a new platform called Horizon for institutional users, allowing them to use tokenized real-world assets (RWA) as collateral to borrow stablecoins. Acceptable collateral includes short-term U.S. Treasury bonds and cryptocurrency arbitrage funds from Superstate, Circle yield funds, and tokenized Janus Henderson products from Centrifuge, among others. The platform operates on the decentralized lending protocol Aave V3, Chainlink.

Golden Finance reports that the cross-border payment infrastructure platform Tazapay has announced the completion of its Series B financing, with Peak XV Partners, Ripple, Circle Ventures, Norinchukin Capital, and GMO VenturePartners, as well as existing investors Peak XV Partners and January.

Odaily News DefiLlama data shows that the top 5 protocols by revenue in the past 24 hours are: Tether - $21.26 million; Circle - $6.98 million; Hyperliquid - $6.11 million; Uniswap - $5.99 million; Jupiter - $5.18 million.

According to BlockBeats news on August 21, Onchain Lens monitored that Circle has added 750 million USDC minting on the Solana blockchain. By 2025, its total USDC minting on the Solana network will reach 24.75 billion.

BlockBeats news, on August 21, U.S. stocks closed slightly higher on Wednesday, with the Dow Jones Industrial Average rising slightly, the S&P 500 index falling 0.24%, and the Nasdaq falling 0.67%. Crypto Assets stocks generally rose, including: Coinbase (COIN) rising 0.77% with a trading volume of $2.573 billion, Circle (CRCL) rising 1.91% with a trading volume of $1.342 billion, Strategy (MSTR) rising 2.32% with a trading volume of $4.667 billion, Bullish (BLSH) rising 5.68% with a trading volume of $322 million, Bitmine (BMNR) rising 4.58% with a trading volume of $2.681 billion, BTCS (BTCS) rising 5.44% with a trading volume of $14.9116 million, SharpLink.

Odaily News The US stock market opened, the Dow rose 0.12%, the S&P 500 index fell 0.05%, the Nasdaq fell 0.21%, multiple encryption stocks declined, ETHZilla fell 7.81%, Bitmine fell 0.76%, Coinbase fell 0.02%, Circle fell 0.7%, ALT 5 fell 0.91%.

According to a report by Jinse Finance, on-chain analyst Ai Yi has monitored that the scale of USDC on Hyperliquid has reached 4.82 billion. It ranks third among all public chains and networks, and first in the Bridged USDC network. Currently, Hyperliquid USDC is cross-chain through Arbitrum, and Circle has announced that native USDC will also be supported soon.

Golden Finance reports that Matrixport has released a daily icon analysis stating that over the past 18 months, our encryption concept stock index has significantly outperformed Bitcoin. However, with the recent pullback in stock prices of leaders like MicroStrategy, Coinbase, and Metaplanet, the index has begun to show signs of pullback. The cooling of buying interest after Circle's listing further confirms the insufficiency of momentum in the new stock market. Current institutional participation is insufficient, which may reflect the seasonal weakness of summer. In the absence of significant crypto IPO support, prices may further consolidate in the short term.

PANews August 19 news, Circle announced that its cross-chain liquidity solution Circle Gateway has been launched on the Mainnet. This service allows users to achieve unified USDC balance access across blockchains such as Arbitrum, Avalanche, Base, Ethereum, Optimism, Polygon, and Unichain, with a time of less than 500 milliseconds. In addition, more blockchains will be supported in the future, including Arc. Circle

Wall Street analysts expect the crypto bull run to last until 2027, driven by U.S. policies and institutional adoption, with Bitcoin potentially reaching $150,000 to $200,000 in the next year. The bull run will also extend to Ethereum and Solana, increasing the influx of funds into trading platforms and stablecoins, while raising target stock prices for Coinbase, Robinhood, and Circle.

BlockBeats news, on August 19, the yen stablecoin issuer JPYC announced the completion of its registration as a fund transfer business operator. Its yen stablecoin plans to be deployed on Ethereum, Avalanche, and Polygon. On November 10, 2021, the yen stablecoin issuer JPYC completed a Series A financing round of 500 million yen (approximately 4.43 million USD), led by Headline Asia with participation from Circle Ventures.

Informal Systems announced that its high-performance consensus engine Malachite has been acquired by Circle Internet Group, which will be used to support the launch of the Layer-1 blockchain network Arc, enhancing the performance and security of stablecoin payments while remaining open source and promoting industry innovation.

Gate News bot message, according to a report by The Block, the South Korean Financial Services Commission plans to submit a stablecoin regulation bill to the legislative body in October this year. The bill will be part of the second phase of the digital asset legal framework, involving requirements for stablecoin issuance, collateral management, and risk control. At the same time, the four major banks in South Korea are expected to meet with Heath Tarbert, the president of USDC issuer Circle, next week to discuss stablecoin cooperation. Notably, Japan is also expected to approve the issuance of its first yen stablecoin this fall.

BlockBeats news, on August 18, according to Ark Invest Daily, Cathie Wood's Ark Invest ARKK fund holdings include Coinbase at 6.28%, Robinhood at 3.84%, Bitmine at 3.22%, and Circle at 3.17%.

Circle executives announced the sale of 10 million shares of stock at the current market price, cashing out approximately $1.4 billion. The company's stock price has surged 349% since its listing in June. This unexpected early share sale has attracted market attention, and JPMorgan did not intervene.

Golden Finance reports that Dinari is leveraging Avalanche's technology to launch its own Blockchain to enhance the trading of tokenized public securities. The Dinari financial network aims to unify the settlement and clearing of tokenized stocks across different blockchains, similar to the role of DTCC in the US stock market. This move aligns with the trend of stablecoin issuers like Circle and payment companies like Stripe developing proprietary chains.

Gate News bot message, Circle has processed 5.5 billion USDC transactions on the Solana network over the past month. This significant USDC movement through centralized exchanges indicates an inflow of fresh capital into the cryptocurrency market, particularly affecting major digital assets like ETH.

Odaily News Mizuho Securities pointed out in its latest research report that Circle is facing three medium-term risks: USDC growth rate is lower than expected, distribution costs are rising, and the Fed may cut interest rates. Although the latest quarterly report shows that USDC Circulating Supply increased by 90% year-on-year to 61.3 billion USD, and quarterly revenue increased by 53% year-on-year to 658 million USD, its distribution costs as a percentage of the reserve pool have risen from 39% in 2022 to 64%. (The Block)

Wall Street brokerage Bernstein's analysts predict that Circle will dominate the stablecoin market in the long term, with a target stock price of $230. Circle plans to launch the Layer 1 Blockchain Arc, with USDC Circulating Supply increasing by 90% year-on-year, but due to IPO costs, it reported a net loss of $482 million in the second quarter.

Golden Finance reports that analysts from research and brokerage firm Bernstein stated that Circle is very likely to become the dominant stablecoin network, and they reiterated their target price of $230 for the company's stock - which could rise 40% from current levels. After releasing its Q2 financial results on Tuesday, the analyst team led by Gautam Chhugani stated in a report to clients on Wednesday: "Our long-term argument for Circle is that the most liquid and heavily regulated stablecoin will become the dominant stablecoin network."

Matrixport's analysis points out that the rapid rise of stablecoins is promoting the development of the encryption industry. Since last November, the market capitalization of Tether and Circle has significantly increased, with a total of $76 billion flowing into the crypto market, indicating a solid foundation for the industry and the potential for expansion.

Odaily News LD Capital founder Yi Lihua stated in a post on the X platform: "The trade war has landed, interest rate cuts are expected to begin, a super bull run is coming. According to the rise rotation law, after BTC rises, ETH will rise. ETH has reached a new high around 4800, and next, mainstream tokens will rise in rotation, similar to LTC, ENA, UNI, etc. Make sure to hold all these mainstream tokens. Finally, the alt season will begin, especially for altcoins with fundamentals. Be sure to hold Spot and do not engage in shorting. For those outside the circle who ask daily if they can buy, I have a unified suggestion: allocate 10% of your assets to buy."

Golden Finance reported that Circle CEO Jerallaire stated that after the completion of the IPO and the Genius Act becoming law, the company received a large number of cooperation requests from major institutions in the global financial sector, internet companies, and large corporations. He pointed out that the biggest challenge currently is how to prioritize and efficiently scale to seize these cooperation opportunities.

BlockBeats news, on August 13, according to the SEC documents disclosed in the United States, Circle Internet Group plans to issue 2 million Class A shares; the selling shareholders plan to issue 8 million Class A shares.

Golden Finance reported that US stocks closed higher on Tuesday, with the Dow Jones Industrial Average initially rising by 1.10%, the S&P 500 index up by 1.14%, and the Nasdaq rising by 1.39%. Circle (CRCL.N) increased by 1.3%, and Intel (INTC.O) rose by 5.62%.

Jin10 data reported on August 12, U.S. stocks opened higher, with the three major indices starting up: the Dow Jones rose 0.4%, the S&P 500 index rose 0.4%, and the Nasdaq rose 0.5%. "The first stablecoin stock" Circle (CRCL.N) saw a big pump of about 15%, with second-quarter revenue increasing by 53% year-on-year.

Golden Finance reported that on-chain analyst Yu Jin's monitoring shows that the minting volume of USDC on the Sei network has risen to $162 million within two weeks, surpassing multiple public chains and approaching OP and Unichain. At the same time, Circle's IPO application mentioned SEI as its fourth largest Holdings.

According to Jinse Finance, although stablecoins have reached an anticipated peak period, seasoned professionals in the broader fintech circle believe that as an emerging payment tool, stablecoins have limitations. According to data from Visa and Allium, by 2025, the trading volume of stablecoins is expected to reach $5 trillion through 1 billion payments, not far from the total of $5.7 trillion in 2024. Since U.S. President Donald Trump won the election in November 2024, the total value of these cryptocurrencies, which are designed to closely track the prices of existing currencies such as the dollar, has increased by 47%, reaching $255 billion.

Ourbit bid $155,000 for the T-54 main battle tank, attracting several well-known figures to participate in the auction. The results will be announced on August 9, becoming the focus of cross-industry competition in the encryption circle.

Odaily News The exchange-traded fund provider ProShares announced the launch of the ETF "ProShares Ultra CRCL" that tracks Circle stock. It is reported that this is the first ETF product launched by ProShares that tracks a single stock. According to data, since its listing on the New York Stock Exchange in June this year, Circle