Circle expands crosschain infrastructure support for multiple assets
CCTP now supports USDC, EURC, and cirBTC. Developers can build multi-asset workflows using Bridge Kit and Interop on Arc.
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Financial technology company specializing in digital assets
circle.comLast updated
In short: Circle launched its Arc mainnet blockchain, received federal trust bank approval, and secured a $100 million investment from Binance.
CCTP now supports USDC, EURC, and cirBTC. Developers can build multi-asset workflows using Bridge Kit and Interop on Arc.
Dante Disparte joined Bloomberg Crypto to discuss the deal, regulatory clarity via the CLARITY Act, and stablecoin infrastructure.
The equity investment comes at a discount, with a two-year lock-up. The agreement expands USDC access in emerging markets.
Eligible customers deposit BTC to mint cirBTC and borrow USDC on Arc or Ethereum without selling assets.
William Blair maintained Outperform ratings on Coinbase and Circle despite cutting revenue and EBITDA estimates, citing asymmetrical risk/reward...
Circle said on Tuesday that Binance has purchased a $100 million stake in the stablecoin issuer, deepening the crypto exchange's ties with the company behind...
Circle’s USDC is the obvious listed-company exposure to clearer stablecoin payments rules. USDC circulation reached $73.3 ...
Stocks tied to digital assets climbed after the SEC announced a new framework for trading U.S....
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