Circle (CRCL) Shares Jump as USDC Cross-Chain Use Expands

Published at 2026-03-12 17:45:13

Circle (CRCL) shares have climbed roughly 120–126% from February lows, fueled by analyst attention on USDC’s growing cross-chain adoption and what William Blair describes as a strengthening settlement network. Traders pushed the stock higher as evidence mounted that USDC is extending beyond Ethereum into multiple chains, increasing on‑chain utility and volume.

The move matters because broader USDC distribution can boost transaction flow through Circle’s rails and support recurring revenue from settlement services, attracting institutional interest. Market watchers say continued on‑chain growth could reshape stablecoin market share, but the surge also leaves Circle sensitive to regulatory scrutiny and shifts in on‑chain demand. Investors will be watching upcoming volume and partnership data to see whether this momentum holds.

USDCCrypto MarketsStablecoinPayments

Share on:

The FDIC plans to propose rules that would prevent payment stablecoins from qualifying for pass-through deposit insurance, drawing a regulatory line between tokenized bank deposits and crypto-native stablecoins. The move could force issuers to rethink custody and funding models.

FDICRegulationStablecoinsCryptoBankingPayments

Published at 2026-03-12 19:30:14

Tether Invests in Ark Labs to Advance Programmable Bitcoin Stablecoins

Tether has joined a $5.2 million funding round for Ark Labs to accelerate programmable stablecoin technology on the Bitcoin network, boosting the startup’s development resources. The move signals growing interest in bringing USDT-style utility and programmability to Bitcoin.

TetherBitcoinArk LabsInvestmentStablecoin

Published at 2026-03-12 16:15:14

Binance and Ripple Join Mastercard’s Crypto Partner Program

Mastercard has named Binance and Ripple as inaugural partners in its Crypto Partner Program, a move aimed at expanding crypto-backed card and payment services. The announcement signals deeper cooperation between major payments infrastructure and crypto firms.

CryptoPaymentsBinanceRippleMastercardXRP

Published at 2026-03-12 15:15:10

Ripple Seeks Australian License to Expand APAC Payments

Ripple is applying for an Australian financial services license to strengthen its regulatory footing in the Asia‑Pacific and enable broader rollout of its blockchain payments network. The move could bolster XRP’s role in regional cross‑border settlements.

RippleXRPAPACPaymentsAustraliaRegulation

Published at 2026-03-12 02:45:09

China Moves to Make Digital Yuan Legal Tender by Revising Central Bank Law

A proposal filed at the 2026 National People’s Congress would amend the 2003 People’s Bank of China Law to explicitly recognize the digital yuan as legal tender, with regulators citing outdated rules.