Circle acquires Hashnote, USYC onchain money fund
The deal combines the issuers of the second-largest stablecoin and the largest onchain money fund by market cap.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The deal combines the issuers of the second-largest stablecoin and the largest onchain money fund by market cap.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Circle launches 24/7 stablecoin FX engine as it chases a slice of the $10 trillion currency market
Circle has switched on 24-hour stablecoin foreign-exchange settlement on Arc, targeting a global FX market that moves nearly $10 t...
EU central banks attack MiCA rules and stablecoin runs are blamed
Europe’s central banks want the European Union to rethink a rule designed to make stablecoins safer, but that can also link a toke...
Circle’s StableFX launches on Arc mainnet for 24/7 onchain FX
StableFX's launch on Arc mainnet could revolutionize global FX markets by enabling seamless, risk-free, 24/7 currency trading. The...
Europe’s central banks want to scrap this stablecoin reserve safeguard
EU rules require stablecoins issued by electronic-money institutions to keep at least 30% of their reserves in commercial-bank dep...
Circle pays millions for Binance distribution while its margins collapse
Circle is doubling down on Binance after USD Coin (USDC) stablecoin customer balances on the exchange nearly quintupled since thei...
Binance Buys $100M in Circle Stock, Deepens USDC Alliance
Binance has purchased $100 million of Circle stock while signing a new five-year commercial agreement designed to expand USDC adop...