Circle Stock Jumps as USDC Stablecoin Expands to Sam Altman's World Chain
Shares of stablecoin issuer Circle spiked on Wednesday as its USDC token expands natively to another blockchain, World Chain.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
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 DecryptRelated market context
Circle Q3 Revenue Hits $865M as USDC Issuer Cuts Workforce by 5%
Circle’s third-quarter revenue climbed 17% to $865 million, while net income rose 5% to $226 million. The USDC stablecoin issuer’s...
Aptos stitches stablecoins, tokenized funds and payments into one onchain stack
Aptos' integration of financial services on a single blockchain could redefine digital finance, but liquidity challenges may hinde...
THORChain's RUNE jumps 10% as North Korean hackers resume laundering Binance loot
North Korea’s TraderTraitor is routing Binance hack proceeds through THORChain, swapping ether for bitcoin after an earlier wave o...
Circle beats Q3 earnings estimates as Arc mainnet goes live with 100+ partners
Circle's strategic shift to blockchain infrastructure could enhance USDC demand, impacting stablecoin circulation and financial ec...
Apple, Home Depot and GE Vernova Object to ICE-OKX Tokenized Stock Venue as Count Hits 59
Apple, The Home Depot and GE Vernova have objected to having tokenized versions of their shares traded on OKXICE TSV, the planned...
Canton Strategic Holdings’ CNTN becomes first tokenized US stock to trade under SEC exemption
This milestone in tokenized stock trading could pave the way for broader blockchain adoption in financial markets, influencing fut...