Sony Bank plans to issue a U.S. dollar–pegged stablecoin by 2026 in collaboration with Ripple and Circle to power payments across its global entertainment ecosystem. The move joins major issuers and signals broader corporate interest in tokenized payments.
Ark Invest purchased $25 million of crypto-related stocks—including Block, Circle and Coinbase—during the market downturn on Nov 26, 2025. The move signals a buy-the-dip stance from the active manager.
Circle has launched USDC on Monad, a high-performance EVM Layer‑1, with Curve and Coinbase among 13 apps debuting support. The rollout delivers regulated stablecoin liquidity and cross-chain infrastructure to the Monad ecosystem.
Circle introduced xReserve, a toolkit that lets developers mint stablecoins backed by USDC reserves and positions USDC as a universal collateral layer. The move is designed to simplify launches and expand USDC's integration across protocols and ecosystems.
Circle posted a strong Q3 with USDC supply exceeding $73 billion and net income up over 200% year-over-year. The company also launched its Arc testnet and signaled the possibility of a native token as it scales onchain and institutional offerings.
Circle shares slid to $85 even after beating estimates and reporting a record third quarter. Bernstein analysts say fundamentals remain intact and highlight USDC's "Prime Network" as a competitive advantage.
Peter Schiff renewed his critique of crypto after Circle's stock (CRCL), tied to USDC issuer Circle, plunged about 71% from its IPO level. The drop has become a focal point in debates over confidence in stablecoin issuers and crypto-linked equities.
Aerodrome and Velodrome announced a full merger into a single DEX brand, Aero, with plans to launch on Ethereum and Circle's Arc in 2026. The move aims to broaden liquidity and cross-chain access for AERO, VELO and ETH markets.
Circle said it delivered record Q3 growth as USDC circulation roughly doubled year‑over‑year, while the firm explores a new token launch and expands its payments network globally. The developments reinforce USDC's role in payments and DeFi amid evolving market dynamics.
Circle says USDC in circulation reached $73.7 billion and reported Q3 profit tripled, signaling stronger demand for stablecoins. More than 100 firms, including BlackRock and Goldman Sachs, joined Arc Network’s public testnet in October, highlighting rising institutional interest.