J. Benjamin Greenberg, a shareholder in Circle Internet Group, filed a federal lawsuit Thursday against US President Donald Trump and World Liberty Financial, alleging that two transactions linked to the United Arab Emirates violated the Constitution’s Foreign Emoluments Clause. The case raises questions about whether Trump’s crypto business interests created an unfair advantage over competitors, […]
Circle’s USDC has become the first stablecoin in the European Union to receive significant e-money token status under the Markets in Crypto-Assets Regulation (MiCA). The classification was made by the European Banking Authority (EBA) after assessing the token against the regulation’s criteria. Regulatory Upgrade The EU currently has 45 e-money tokens notified under MiCA. USDC […]
The Independent Community Bankers of America has sued the Office of the Comptroller of the Currency over rules allowing crypto-focused firms, such as Circle, Ripple, BitGo, and Paxos, to obtain national trust bank charters. This comes just as a few of those companies secured final approval for their own federally supervised trust bank charters and […]
Euro Coin (EURC) saw a sharp increase in on-chain activity as both daily active addresses and new wallet creation reached all-time highs in its four-year history, according to Santiment. The surge likely reflects growing demand for regulated euro-denominated stablecoins as the EU’s Markets in Crypto-Assets (MiCA) framework encourages exchanges, payment providers, and crypto applications to […]
Circle is facing a wave of criticism after a proposal linked to its chief economist suggested sharply increasing USDC borrowing costs on Aave, as the lending pool grinds through a liquidity crunch that has dragged on since the KelpDAO exploit. The plan has gone down badly with DeFi users, many of whom say it would […]
The bad press facing stablecoin issuer Circle, following the $280 million exploit on the Solana trading protocol Drift, has gone up a notch after a California-based legal group filed a class action lawsuit against it, alleging it stood by while North Korea-linked hackers moved millions in stolen USDC through the firm’s own bridge, making it […]
The stablecoin issuer Circle has doubled down on its defense against criticism for failing to act during an exploit that led to roughly $280 million in losses from the Solana-based Drift Protocol. This time, the company’s CEO, Jeremy Allaire, responded during a press conference in Seoul, South Korea, and cited a moral quandary. The chief […]
Blockchain investigator ZachXBT has once again slammed Circle and its CEO, Jeremy Allaire, following alleged inaction during the $280 million exploit tied to Drift Protocol. He described the entire fiasco as a critical delay in response as funds were actively moved across chains. Circle Under Fire In a post on X, ZachXBT said the stablecoin […]
Stablecoin issuer Circle reported sharp growth in USDC circulation and transaction activity in the fourth quarter of 2025, as revenue and operating profitability surged year-over-year. USDC in circulation reached $75.3 billion at year-end, which is a 72% rise from a year earlier, while on-chain transaction volume climbed 247% to $11.9 trillion in Q4 alone. Circle […]
A new on-chain study published by the AMLBot team shows that Tether has frozen more than $3.29 billion in USDT across the Ethereum and Tron blockchains between 2023 and 2025, blacklisting 7,268 addresses in the process. The findings highlighted a sharp contrast with Circle’s USDC, which froze $109 million across just 372 addresses during the […]
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