Stablecoins

Circle (CRYPTO: USDC) made a powerful entrance onto the New York Stock Exchange on Thursday, with shares of the stablecoin issuer (NYSE:CRCL) opening at $69, more than double its $31 IPO price. The company raised approximately $1.1 billion through the sale of 34 million shares, securing a valuation...

Ripple's (CRYPTO: XRP) U.S. dollar-backed stablecoin RLUSD has received regulatory approval from the Dubai Financial Services Authority (DFSA), allowing it to be used as a legal payment mechanism within the Dubai International Financial Centre (DIFC). This marks a significant expansion of Ripple's...

Pantera Capital has highlighted Digital Asset Treasury (DAT) companies as the next evolution in crypto market exposure, potentially outperforming direct spot Bitcoin (CRYPTO: BTC) purchases over time. What Happened: These publicly listed firms, which include pioneers like Strategy Inc. (NASDAQ:MSTR...

Circle Internet Financial is pushing forward with its public listing plans, now targeting a valuation of $7.2 billion as it gears up for an initial public offering. What Happened: The company announced an increased offering size, reflecting heightened investor interest, with expectations of raising...

Canadian cryptocurrency company VirgoCX is entering a phase of growth and working on providing stablecoin solutions for people around the world. Stablecoin Solutions: In an exclusive interview with Benzinga at Consensus 2025, VirgoCX CEO Adam Cai shared how his company is growing from offering...

BIMA, a Bitcoin (CRYPTO: BTC)-native DeFi platform, has partnered with exSat Network to advance the use of Bitcoin in decentralized finance. The collaboration kicks off with an initial $100 million deployment, equivalent to 1,000 BTC, towards enabling permissionless yield strategies. The two...

BlackRock (NASDAQ:BLK) is planning to purchase roughly 10% of the shares to be issued in Circle Internet Group‘s upcoming initial public offering, according to a report. What Happened: The IPO, led by stablecoin issuer Circle (CRYPTO: USDC) and key shareholders including CEO Jeremy Allaire,...

Circle, the company behind the USDC (CRYPTO: USDC) stablecoin, is planning to raise up to $600 million through its upcoming initial public offering (IPO), according to an update submitted to the U.S. Securities and Exchange Commission. This move positions Circle to go public on the New York Stock...

Treasury Secretary Scott Bessent predicted Friday that stablecoins will unlock trillions of dollars in demand for U.S. treasuries in the near future. What Happened: During an interview with Bloomberg Television, Bessent was asked about the impact stablecoins could have on the...

Dan Morehead, founder and CEO of Pantera Capital on Friday said the crypto industry is poised to see a surge of public offerings, with companies like Circle (CRYPTO: USDC) and Figure among those preparing to go public in the coming months. What Happened: His comments come amid what he described as...

Top U.S. banks are contemplating a joint venture to issue a dollar-pegged stablecoin in an attempt to counter the increasing competition from the cryptocurrency sector, according to a report dated Thursday. What Happened: Companies co-owned by JPMorgan Chase (NYSE:JPM), Bank of...

Jayendra Jog, co-founder of Sei Labs (CRYPTO: SEI), believes the politicization of crypto in the United States is beginning to fade and that as the industry matures, support from both sides of the aisle will become the norm. What Happened: "My intuition here is that as time progresses, crypto will...

Hedera Foundation CEO Charles Adkins said on Tuesday that integrating blockchain into social platforms will ensure transparent data handling and enable real‑time creator payments without centralized intermediaries. In an interview with Benzinga, Adkins emphasized blockchain's capacity to enforce "...

U.S. Senator Bill Hagerty (R-TN) said stablecoin issuers could become the largest holders of U.S. Treasuries globally by the end of the decade, citing projections from Citibank. What Happened: Speaking in an interview with CNBC on Monday, Hagerty emphasized the role stablecoins play in transforming...

Widely followed cryptocurrency analyst Willy Woo predicted Monday that stablecoin issuing company Tether (CRYPTO: USDT) would become the top holder of U.S. treasuries once Bitcoin (CRYPTO: BTC) hits $1 million a piece. What Happened: Woo reacted to an X post showcasing Tether's growing demand for U...