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The issuer behind one of the top stablecoins on the market is announcing a successful second quarter of 2025 while launching a new blockchain. Circle, the company behind the USDC stablecoin, announced on Tuesday the launch of Arc – a new layer-1 blockchain designed to support regulated financial services and real-world asset applications. The announcement comes only weeks after Circle’s successful initial public offering (IPO) launch. Says Circle CEO Jeremy Allaire, “I’m proud of Circle’s performance in the second quarter, our first as a public company, where we demonstrated sustained growth and adoption of our platform across a multitude of use cases and with a diverse set of industry-defining partners. Circle’s successful IPO in June marked a pivotal moment—not just for our company, but for the broader adoption of stablecoins and the growth of the new internet financial system. This is an extraordinary moment for our company and industry, and we ar...

Leading credit card company Mastercard is officially adding stablecoin settlement support, giving users the ability to pay with stablecoins. In an era where more institutions are looking towards digital assets and cryptocurrency as a payment alternative, Mastercard merchants will now have the option to receive payments in stablecoins. JUST IN: Mastercard adds crypto stablecoin settlement support for merchants. — Watcher.Guru (@WatcherGuru) April 28, 2025 Mastercard is partnering with firms, including payments processor Nuvei and stablecoin issuers Circle and Paxos, to enable stablecoin payments. “With increasing global regulatory clarity, stablecoins are evolving from crypto trading tools to essential solutions that bring efficiency and programmability to payments, disbursements, and remittances,” the company’s latest press release says. Also Read: Nvidia (NVDA) Is Top Stock in This $68B Market Amid 120% Upside Mastercard also announced that it is working with crypto exchange OKX ...

Bank of America is lobbying Congress to pass legislation that will favor banks when determining who can issue stablecoins. The $284 billion Global Systemically Important Bank (G-SIB) aims to limit non-banks’ legal abilities to create stablecoins. This year, CEO Brian Moynihan has been working with lobbying groups like the American Bankers Association and Bank Policy Institute, according to The Block. He wants to issue a fully reserved, 1:1 backed “ Bank of America coin .” If the bank’s efforts succeed, it could limit the stablecoin efforts of non-banks like Coinbase, Circle, Amazon, Meta, Tether, and many others. Why is Tether 213% bigger than Circle but 8,000% more profitable? Read more: PayPal and Ripple stablecoins still sub-1% despite ‘stablecoin gold rush’ Bank of America wants to compete with Circle, Tether Obviously, Circle is also conducting its own lobbying efforts. The company’s major stablecoin, USDC, has a $60 billion market cap that ranks sec...

Sui Network (SUI) gained the spotlight in the cryptocurrency landscape as one of the fastest-growing cryptocurrencies this cycle. This week, Grayscale announced the Grayscale SUI Trust, while Circle natively deployed its dollar stablecoin, USDC, on the Sui Network. With remarkable Web3 technology and tokenomics highly weighted to benefit institutional early private investors, SUI has earned the market’s attention. Now, Finbold is looking for insights into its native token’s next price movements and potential entry or exit points. In particular, a recent Analysis by TradingView’ s reputable cryptocurrency trader, pejman_zwin , sheds light on SUI’s price prediction and future. The trader highlighted key support and resistance levels, arguing that a major correction will soon hit SUI’s price. Picks for you Supra ...

Visa recently announced its initiative to experiment with USDC settlement payments via the Solana blockchain. In a press release, Visa claimed it would allow USDC settlement payments through the Solana blockchain on Sept. 5. The company will facilitate these USDC-denominated transactions to merchant banks Worldpay and Nuvei, who can then process payments to their merchants in the same digital currency. Visa’s role in the financial ecosystem is monumental, with daily operations involving the clearing, settlement , and transferring of billions of dollars. Cuy Sheffield, Head of Crypto at Visa, explained that the company’s global network navigates about 25 currencies and collaborates with nearly 15,000 financial institutions. A significant operational undertaking for Visa is ensuring that transactions occur seamlessly, particularly in the preferred and correct currency. 1/Breaking: Visa Expands Stablecoin Settlement Pilot to Solana@Visa is scaling their USDC settlement pi...