Gate News bot news, financial service technology company Fiserv( market capitalization 95.546 billion USD) announced a significant partnership to jointly launch its self-issued USD stablecoin FIUSD with payment giant PayPal and digital currency innovator Circle. This brand new stablecoin is scheduled to be officially released by the end of 2024.

PANews, June 28 news, according to official data, in the 7 days ending June 26, Circle issued approximately 3.4 billion USDC and redeemed about 3.1 billion USDC, with a circulating supply increase of about 400 million. The total circulating supply of USDC is 61.6 billion, with reserves of approximately 61.9 billion USD, including about 8.6 billion in cash, and the Circle Reserve Fund holds about 53.3 billion.

According to a report by Golden Finance, as of June 19, within the 7 days, Circle issued approximately 3.6 billion USDC, redeemed about 3.3 billion USDC, and the Circulating Supply increased by approximately 300 million. The total Circulating Supply of USDC is 61.2 billion, with reserves of about 61.6 billion USD, including approximately 8.4 billion USD in cash, and the Circle Reserve Fund holds about 53.3 billion USD.

PANews, June 21 - According to official data, during the 7 days ending June 19, Circle issued approximately 3.6 billion USDC, redeemed about 3.3 billion USDC, and the Circulating Supply increased by approximately 300 million. The total Circulating Supply of USDC is 61.2 billion, with reserves of approximately 61.6 billion USD, of which about 8.4 billion is in cash, and the Circle Reserve Fund holds about 53.3 billion.

Golden Finance reports that driven by Circle's successful listing and regulatory clarity, the stablecoin and payment sectors recorded 43 and 42 venture capital transactions respectively in the third and fourth quarters of 2024, setting a new quarterly high, with the total number of transactions for the year exceeding the 2021 peak for the first time. In the first quarter of 2025, this sector accounted for 7.5% of all venture capital transactions. The profitability model and sustainable development of stablecoin infrastructure have attracted significant traditional institutional funding, while regulatory progress such as the US GENIUS Act has further boosted investor confidence, making stablecoins one of the few crypto sectors that have surpassed the data of the last bull market.

Gate News bot news, 8marketcap data shows that Bitcoin (BTC) has surpassed Google's parent company Alphabet, becoming the sixth largest market capitalization asset in the world, only behind gold, Nvidia, Microsoft, Apple, and Amazon.

Gate news, the global venture capital community is embracing the digital asset space with unprecedented optimism. Several top venture capital partners have revealed to the media that, driven by the strong influx of Wall Street capital, **the total investment in digital asset startups is expected to soar to between $20 billion and $25 billion by 2025**.

BlockBeats news, on June 27, according to CoinDesk, the Exchange Rate of the Euro against the USD has surged 12.88% this year, with EUR/USD rising from 1.0354 to nearly 1.17, reaching its highest level since September 2021. This rise is due to the breakdown of the correlation between The Federal Reserve (FED) and Central Bank interest rates, as well as a general shift in the market towards the USD. EUR/USD has also outperformed the Nasdaq and S&P 500 indices, nearly matching the rise of Bitcoin, with the 90-day correlation coefficient between EUR/USD and Bitcoin recently rising to 0.62, the highest since February 2024, indicating a certain degree of positive correlation. The total market capitalization of Euro-pegged stablecoins has grown 44% this year, increasing from USD 310 million to USD 480 million, with Circle's EURC stablecoin market capitalization increasing.

Gate News bot reported that according to data from TradingView, the EUR/USD is the most liquid forex trading pair in the world, having surged 12.88% in the first half of the year, outperforming the Nasdaq and S&P 500 indices, and nearly matching the Bitcoin's rise of 14.8%. The strength of the Euro has increased the appeal of Euro stablecoins.

Matrixport's weekly report points out that The Federal Reserve (FED) has shifted to a dovish stance, with inflation dropping to 2.38% and the unemployment rate remaining at 4.2%. Market expectations for interest rate cuts have increased, and if Bitcoin price returns to key support levels, it may benefit from this. At the same time, the inflow of stablecoins is poor, and the market is following Bitcoin's performance.

Gate News bot news, Circle (CRCL), listed in New York, has become a breakout stock in Seoul for June. According to Bloomberg, South Korean retail investors have poured nearly $450 million into the stock of Circle Internet Group. This surge in investment has made Circle the stock with the highest overseas buying volume this month and one of the top four popular stocks of the year.

Circle Internet Group is highly sought after among retail investors in South Korea, with a cumulative purchase of $450 million in June, and its stock price has risen over 500% since its listing. This phenomenon is related to the reform of the legalization of the Korean won stablecoin, and KakaoPay's stock price also rose by 160% during the same period.

Gate news, the U.S. Senate passed the "Guiding and Establishing American Stablecoin National Innovation Act" (GENIUS Act) in June, aiming to officially integrate stablecoins into the financial mainstream and open a new chapter for the Crypto Assets market. However, according to a report by The Wall Street Journal (WSJ) on the 25th, if the bill ultimately becomes law, it will fundamentally change the game rules of the stablecoin market, but it will pose a severe challenge to the current market leader Tether (USDT): the bill sets strict Compliance thresholds, and if Tether fails to meet them, it may be expelled from the U.S. market, becoming the biggest loser of the bill.

According to Gate News bot and CoinDesk, Asian banks are increasingly viewing stablecoins like USDT and USDC as defensive tools to prevent deposit outflows and losses in transaction income. Behind the scenes, stablecoins have been playing an important role in the financial channels of the region.

Golden Finance reports that Seaport has first covered Circle Internet, giving it a "buy" rating with a target price set at $235. The firm indicated that due to the improving regulatory environment for Crypto Assets in the United States, the usage of stablecoins by consumers and businesses is expected to surge in the future.

BlockBeats news, on June 20, the stock price of Circle on the US stock market briefly pumped to 232.88 USD, continuing to set a new historical high. It has now fallen back to 227.78 USD, with a rise of 14.12%, and a total market capitalization of 505.67 USD.

Golden Finance reports that Circle has announced the launch of its cross-chain transfer protocol CCTP V2 on the Solana Blockchain, supporting developers and users for quick transfers, as well as the integration of smart contracts after transfers. As of now, other blockchains supporting CCTP V2 also include Arbitrum, AVAX, Base, Ethereum, Linea, Optimism, Sonic Labs, and World.

Golden Finance reports that US stocks opened slightly higher, with the three major indices rising: the Dow Jones up 0.36%, the S&P 500 up 0.4%, and the Nasdaq up 0.52%. "The first stablecoin stock" Circle (CRCL.N) rose 14%; Tesla (TSL.O) rose 1.8%, and Robotaxi is about to start public trial operations.

According to ChainCatcher news and market data, Circle's pre-market stock rose over 15%, currently reported at 234 USD. Previously on Wednesday, the stock broke through the 200 USD mark, closing with a big pump of 34.25%. Previously reported, Airwallex founder publicly stated, "It's time to short Circle."

PANews June 20 news, Circle's pre-market stock rose nearly 13%, currently reported at $225.78. Previously on Wednesday, Circle (CRCL.N) stock price broke through $200, significantly closing up 34.25%. Previously, news reported that the founder of Airwallex stated: It's time to short Circle.

With the passage of the stablecoin "GENIUS Act" by the U.S. Senate, and then President Trump directly "pressured" the House of Representatives, asking for "no delay and no additional provisions" to submit the bill to the White House as soon as possible, the stablecoin boom officially hit. As the world's top digital bank, Revolut has always had a layout for the crypto industry, so it is natural to seize this precious opportunity and reveal new progress in its stablecoin plan! According to Decrypt, citing people familiar with the matter, the fintech giant, which is valued at up to $48 billion, is actively promoting the research and development of its proprietary stablecoin and is in talks with crypto-native companies. This is not an isolated case, with the U.S. Senate passing the stablecoin "GENIUS Act", and then President Trump directly "pressuring" the House of Representatives to "not delay, no clauses", the bill will be submitted to the White House as soon as possible, a wave of stablecoin issuance led by traditional business and financial giants is sweeping - retail giants Amazon, Walmart, travel giant Expedia, etc. have been exposed to consider entry, and Wall Street banks such as Bank of America, JPMorgan Chase, Citigroup, etc. are also gearing up.

Jon Ma, founder of Artemis, a cryptocurrency institutional data platform, said in a post on the X platform that the Circle Payment Network (CPN) has been added as a revenue item, and the data predicts that the scale of B2B payments will exceed $570 billion in 2029, and if 20% of them are in CPN, then 0.1% of the commission income will flow to Circle. In addition, according to the current growth rate of the stablecoin market, if the stablecoin supply grows by 30% year-on-year in 2029 to reach $1.2 trillion, based on

PANews June 26 news, according to CoinDesk, Swiss encryption custody technology company Taurus has launched a stablecoin privacy layer based on zk-SNARKs, initially supporting Circle's USDC. This technology is developed based on the privacy-oriented Aztec Network, enabling encrypted transactions and balances that can only be read by authorized parties such as issuers and regulatory agencies, effectively preventing unauthorized monitoring and user information leakage.

The privacy solution Privacy Pools, supported by Ethereum founder Vitalik Buterin, will increase support for USDT, USDC, and DAI stablecoins, aiming to achieve compliant on-chain privacy by filtering illegal funds through a mixed network design.

Gate News bot message, Canton Network developers have completed a $135 million financing round to expand the scale of its institutional Blockchain platform Canton Network. This round of financing attracted major investors including DRW Venture Capital, Tradeweb Markets, Goldman Sachs, BNP Paribas, and Circle Ventures.

Gate News, according to Bloomberg, Ark Investment Management, led by the well-known investor 'Cathy Wood', recently staged a thrilling 'short-term trading' operation, which attracted widespread attention in the market. At the time when Circle Internet Financial (Stable Coin USDC issuance merchant) went public and the stock price soared by over 600%, Ark Investment Management decisively took action, selling approximately 1.5 million shares of Circle stock in just a few days, trapping a high of $333 million (estimated by Bloomberg).

Gate News bot news, according to TapChiBitcoin, the company behind institutional Block chain Canton Network, Digital Asset, raised $135 million in a strategic financing round led by DRW and Tradeweb Markets, with participation from Goldman Sachs, BNP Paribas, Circle Ventures, Paxos, Polychain Capital, and QCP.

Gate News bot message, Cryptocurrency entrepreneur Anthony Pompliano stated that his BTC Financial Service company ProCap BTC increased its holdings by an average of 3724 BTC at a price of $103,785, worth $3.865 billion.

Gate News bot reported that according to CoinDesk, there are signs of cooling down in the stock frenzy of the Stablecoin company Circle (CRCL). After hitting a historical high of $299 on Monday, the stock fell 15% on Tuesday, continuing the previous pullback trend, with a total fall of about 25% from the peak. However, the current stock price of $223 is still more than 600% higher than the IPO issuance price earlier this month. The fall this time is not surprising, as some analysts have noticed that the stock is overvalued compared to its peers, and Ark Invest has been continuously selling stocks worth over $300 million since the IPO. However, Tuesday's fall coincided with the Bank for International Settlements (BIS) once again casting doubt on the future of Stablecoin. BIS is a Financial Institution owned by Central Banks from various countries.

Odaily News Yahoo Finance data shows that US stock Circle (CRCL) fell over 6% in pre-market, currently reported at 247.42 dollars.

According to market data, Circle Internet Group (CRCL) has risen by 9.64% in the US stock market, with a market capitalization of $63.89 billion, and its stock price has increased by 749% compared to the IPO price. The market capitalization of USDC is $61.675 billion, and Circle's market capitalization has surpassed this figure.

According to Gate News bot, FinanceFeeds reports that payment giant Fiserv plans to launch a fiat-backed stablecoin FIUSD on the Solana blockchain by the end of the year, aimed at providing real-time, around-the-clock settlement for its global network of banks and merchants.

According to the statement on June 23, the major player in the global payment and financial services sector, Fiserv Inc., announced plans to launch a USD-pegged stablecoin called FIUSD on the Solana blockchain.

According to BlockBeats news on June 24, data from Ark Invest Daily shows that ARK Invest, led by Cathie Wood, reduced its holdings of 415,844 shares of Circle stock (CRCL) on June 23, valuing approximately $109.5 million at a closing price of $263.45.

PANews June 24 news, Ark Invest Daily data shows that Cathie Wood's ARK Invest reduced its holdings of Circle shares by a total of 415,844 shares on June 23, including a reduction of 306,921 shares through the ARKK fund, a reduction of 72,302 shares through the ARKW fund, and a reduction of 36,621 shares through the ARKF fund, with a closing price of 263.45 USD, totaling approximately 110 million USD.

Gate News bot message, Circle(CRCL.N) rise has expanded to over 24%, with the stock price approaching the 300 dollar mark.

PANews June 23 news, US stock market shows: Circle (CRCL.N) rise expanded to over 24%, stock price approaching the $300 mark.

Gate News bot News, Crypto Assets KOL and investor Anthony Pompliano stated on Monday that the "Bitcoin native Financial Service company" ProCap has merged with Columbus Circle Capital Corp. (stock code: CCCM) to form ProCap Financial, which plans to acquire up to 1 billion USD worth of Bitcoin. According to a statement, the company raised 516.5 million USD through equity issuance and raised 235 million USD through issuance of Convertible Bonds.

BlockBeats news, on June 23, Tesla in the US stock market continued to strengthen, with a rise of up to 8%; Circle's rise expanded to over 15%.

Gate News bot news, Circle's market capitalization has surpassed the issuance of its stablecoin USDC market capitalization.

PANews June 23 news, U.S. stock market shows that Circle's stock price has exceeded $260, currently at $261, rising more than 9% during the day, with a total market capitalization of approximately $58 billion. Close to the total circulating market capitalization of USDC of $61.2 billion.

ChainCatcher news, Circle's market capitalization has now surpassed the total market capitalization of its issued stablecoin USDC.

According to BlockBeats, on June 23, Circle's market capitalization has now surpassed the total market capitalization of its issued stablecoin USDC.

ChainCatcher news, Anthony Pompliano announced today that he will merge with the listed SPAC company Columbus Circle Capital Corp I (stock code: $CCCM) through his private company ProCap BTC, LLC, creating a company named ProCap.

BlockBeats reported that on June 23, according to market data, the pre-market rise of the US stock Circle Internet Group (CRCL) has expanded to 8.31%, with the pre-market trading price currently reported at 260.9 USD.

According to Gold Finance, stablecoin concept stocks became active again in the afternoon, with Sifang Jingchuang rising over 10%, Youbuxun and Hailian Jinhui hitting the limit up, and Lakala, Huafeng Chaoqian, Advanced Digital Communication, Digital Verification, Chutian Long, and Jingbeifang among many stocks rising over 5%. On the news front, US stablecoin Circle continued to rise big by 20% last Friday, increasing over 6 times in 11 days since its listing.

Gate News bot reported that according to Cryptonews, although Circle (CRCL) shares have surged nearly 250% since their debut on the New York Stock Exchange on June 5, Cathie Wood's ARK Invest still reduced its holdings of CRCL worth $146.2 million last Friday. This transaction marks the third time ARK has sold Circle shares that week, totaling 1.25 million shares sold, worth approximately $243 million.

According to Gate News bot and CrowdfundInsider, financial system technology provider Matera has partnered with Circle (NASDAQ: CRCL). This collaboration achieves native integration between real-time banking infrastructure and fully reserve transparent stablecoins.

According to BlockBeats news, on June 22, ARK Invest intensified its selling of Circle stocks, with its three funds collectively selling 609,175 shares of CRCL worth $146.2 million this Friday. Previously, ARK had sold shares three times in the past week, totaling 1.25 million shares of CRCL stock. Based on the daily Closing Price, it netted approximately $243 million.

Since Circle's stock has risen nearly 250% since going public, Cathie Wood's ARK Invest sold 609,175 shares from three funds on June 20, worth $146.2 million. This marks ARK's third sell-off in a week, totaling 1.25 million shares, realizing a profit of about $243 million.