Golden Financial reports that Mizuho Securities maintains a "underperform" rating on Circle stock, with analysts lowering the fundamental target price from $84 to $70. Circle's stock (ticker symbol CRCL) traded around $82 on Friday, down nearly 40% over the past month. Mizuho Securities analysts stated in a research report: "We believe the company's valuation fails to adequately reflect the major risks facing its mid-term earnings." The analysts also pointed out that potential risks include "upcoming interest rate cuts and relatively stagnant economic growth." High (and rising) circulation costs, as well as increasingly fierce competition among stablecoins.

Gate News bot message, Circle has executed a $1 billion USDC transaction on the Solana network within the last 24 hours. The latest operation adds to a total of $7.25 billion USDC transactions that Circle has processed on the Solana network since October 11.

ChainCatcher news, USDC issuer Circle announced the launch of StableFX, a forex engine based on stablecoins, designed to enable 24/7 on-chain currency trading through its self-developed Arc Blockchain. The product is currently live on the Testnet and is scheduled to launch on the Mainnet in 2025. StableFX allows institutional users to trade stablecoin currency pairs in real-time and offers quotes from multiple liquidity providers. Circle also launched the Circle Partner Stablecoins project, supporting currencies including Avenia (BRLA), Juno (MXNB), and Stablecorp.

Foresight News reports that Circle has launched two new products based on Arc: Circle StableFX and Circle Partner Stablecoins. StableFX is an institutional-grade stablecoin forex engine that is currently live on the public Testnet. Circle Partner Stablecoins is a program aimed at supporting stablecoin issuance for specific regions globally.

Odaily News Circle announced the launch of two new products based on its Arc Blockchain (scheduled to launch its Mainnet in 2026): Circle StableFX and Circle Partner Stablecoins. Circle StableFX: This is an institutional-grade, stablecoin-based forex (FX) engine, currently available on the Arc public Testnet. It allows institutions to trade selected stablecoin currency pairs at competitive prices, with reduced counterparty risk and on-chain Settlement, 24/7, through RFQ (Request for Quote) execution. Circle Partner Stablecoins: This initiative aims to support selected regional stablecoin issuers in deploying their non-USD stablecoins on A

JPMorgan has upgraded Circle's rating from "Underweight" to "Overweight," raising the target price from $94 to $100. Analysts point out the improvement in Circle's fundamentals and strong performance in the third quarter. He believes the current stock price is still below its peak, presenting a buying opportunity, and Circle's USDC stands out among stablecoins.

Odaily Planet Daily reports that according to official disclosures, Circle's USDC in circulation at the end of Q3 reached $73.7 billion, an increase of 108% year-over-year; total revenue and reserve interest totaled $740 million, up 66% year-over-year; net profit was $214 million, a 202% increase year-over-year; and adjusted EBITDA was $166 million, up 78% year-over-year. In terms of operations, over 100 institutions have participated in the Arc testnet, and the official team is exploring issuing native tokens on the Arc network; Circle Payments Network has onboarded 29 financial institutions, with a reserve pipeline of approximately 500 institutions; and new partnerships have been established with Brex, Deutsche Börse, Finastra, Fireblocks, Kraken, Itaú, and

Gate News bot message, Tether and Circle have conducted significant stablecoin burns in the past 6 hours, with a combined value of $1.5 billion. Specifically, Tether completed a $1 billion USDT burn on the Ethereum network, while Circle executed a $500 million USDC burn on the Solana network.

BlockBeats reports that on November 6th, stablecoin issuer Circle updated its terms of service to permit the use of USDC for "legal" firearm purchases. A Circle spokesperson stated, "Circle has clarified the terms to reflect that USDC can be used for lawful firearm transactions protected under the Second Amendment. We have not, and will not in the future, refuse USDC for legitimate transactions involving firearms. If your financial tools are used against your Second Amendment rights, then freedom cannot survive." This policy update was prompted by a report from the Americans for Tax Reform, which highlighted that Circle prohibits USDC transactions involving "any kind of weapon, including firearms, ammunition, knives, or explosives," raising questions about whether private companies should make such decisions.

Circle announced the latest 13 project teams that have received funding, covering various financial technologies, aimed at promoting innovation and development in on-chain finance through the developer grant program.

Golden Finance reported that gold advocate and economist Peter Schiff expressed curiosity about whether Trump's fren in the encryption circle could convince him to fund a strategic Bitcoin reserve to save Bitcoin. However, if government intervention is needed to save Bitcoin, then the fallacy of the necessity to establish a Bitcoin reserve is laid bare.

As of late October, the total market capitalization of tokenized U.S. Treasuries reached $8.6 billion, significantly rising compared to mid-September. BlackRock leads with a market capitalization of $2.85 billion, followed closely by Circle and Franklin Templeton, with Fidelity's new fund having a market capitalization of $232 million.

Ark Invest disclosed its ARKW ETF Holdings, involving multiple encryption companies, including Coinbase, Robinhood, Circle, etc., with a total holdings value exceeding 400 million dollars.

The ARKK ETF under Cathie Wood has disclosed its top 15 holdings, covering several crypto assets-related companies, including TSL and Coinbase, indicating its investment layout in the encryption industry.

According to Foresight News, information from the Circle official website indicates that in the week ending on October 30 local time, approximately 5.1 billion USDC were issued, about 5.7 billion USDC were redeemed, and the Circulating Supply decreased by approximately 600 million. As of October 30 local time, the USDC Circulating Supply is approximately 75.9 billion, with reserve assets valued at around 76.2 billion USD.

Foresight News reports that U.S. stock market cryptocurrency concept stocks are rising. As of the time of writing, Strategy (MSTR.US) has risen over 5.6%, Coinbase (COIN.US) has risen over 6.9%, Circle (CRCL.US) has risen over 3%, Rohinhood (HOOD.US) has risen nearly 7%, BitMine (BMNR.US) has risen over 4.7%, and SharpLink Gaming (SBET.US) has risen over 5%.

Foresight News reported that Arthur Hayes stated that when people in the encryption industry ask him how he is doing, he only responds with "ZEC."

Golden Finance reported that JPMorgan analysts claim that Circle's USDC stablecoin has surpassed Tether's USDT in on-chain activity and market capitalization growth. Since January of this year, the market capitalization of USDC has increased from about $43 billion to about $74 billion, a rise of 72%, significantly higher than the 32% growth of USDT during the same period. Analysts point out that the growth of USDC is attributed to a clearer regulatory framework, transparent reserve management, regular audits, and compliance advantages under the European MiCA regulations, while institutional adoption continues to rise. In contrast, the USDT, which is not authorized under MiCA, has faced delisting from exchanges in Europe, while USDC has promoted on-chain settlements and merchant payments through integration with payment networks such as Visa, Mastercard, and Stripe. In addition, USDC in

Golden Finance reported that the digital asset infrastructure company BDACS announced on the 29th its plan to issue the Korean won stablecoin "KRW1" on the new Blockchain "Arc" of the global fintech company Circle. To promote the project, BDACS has signed a memorandum of understanding with Circle and established a collaborative cooperation mechanism. In addition, BDACS has completed the trademark registration of "KRW1" in December 2023.

Circle announced the deployment of the Arc Blockchain Testnet, attracting over 100 Financial Institutions to participate, offering dollar-denominated fees and sub-second Settlement. This project aims to support tokenization of funds and cross-border payments, with a long-term goal of developing into a Decentralization governance system. The market capitalization of stablecoins is expected to reach $4 trillion by 2030.

BlockBeats news, on October 28, according to CoinDesk, USDC issuer Circle has started collaborating with large institutions to test the ARC Blockchain.

BlockBeats news, on October 27, according to Lookonchain monitoring, Circle has issued an additional 750 million USDC on the Solana network in the past hour. As of now, Tether and Circle have collectively issued 8.5 billion dollars in stablecoins since the market crash on October 11.

ClearBank will connect to the Circle Payments Network to provide European customers with fast cross-border fund transfers and support the use of USDC and EURC. The two parties will collaborate to integrate Circle Mint and explore innovative scenarios such as stablecoin digital vaults, dropping reliance on traditional clearing.

According to BlockBeats news, on October 23, Starknet announced that Circle's native USDC and CCTP V2 will be launched on Starknet. Starknet currently supports cross-chain USDC (USDC.e) and plans to gradually smooth the migration of liquidity from cross-chain USDC to native USDC.

Gate News Bot news, on October 22, according to CoinMarketCap, as of the time of writing, SEI (Sei) is currently priced at $0.19, with a 1.03% fall in the last 24 hours, reaching a high of $0.23 and a low of $0.19. The current market capitalization is approximately $1.187 billion, a decrease of $12.3327 million compared to yesterday. Sei is the fastest EVM blockchain, designed for high-frequency applications. It can complete transaction settlements within 400 milliseconds, with each transaction costing as low as $0.05. Sei adopts a groundbreaking parallelized runtime architecture aimed at enhancing scalability and developer flexibility. The network supports approximately 200,000 transactions per second, processing 5 Giga Gas per second, providing real-time speed for unlimited innovation. Sei has received support from industry leaders including Coinbase, Circle, and Jump.

Gate News bot message, Tether (@Tether_to) executed another 1 billion USDT CEX operation approximately 6 hours ago. In total, both Tether and Circle have conducted CEX operations amounting to $7 billion in stablecoins following the October 11 market crash, according to the data shared by Lookonc

The Bridge Kit developer toolkit launched by Circle aims to simplify the integration of cross-chain transfers, supporting CCTP and USDC, encapsulating the core functionalities of CCTP V2, providing detailed documentation and sample code to help developers quickly prototype and benefit.

BlockBeats news, on October 20, the Fed will hold a payment innovation conference on October 21, with representatives from Chainlink, Paxos, Circle, and Coinbase attending the meeting. (Cointelegraph)

Gate News bot message, Tether (Tether_to) has conducted another significant USDT burn operation, destroying 1 billion USDT tokens. This burn follows a series of stablecoin reductions by major issuers in the aftermath of the October 11 market downturn. Together with Circle, stablecoin issuers have no

PANews news on October 18, according to official data, in the 7 days ending October 16, Circle issued approximately 7.6 billion USDC, redeemed about 7.2 billion USDC, and the Circulating Supply increased by approximately 400 million. The total Circulating Supply of USDC is 75.9 billion, with reserves of about 76.1 billion USD, of which cash is about 9.9 billion USD, and the Circle Reserve Fund holds approximately 66.2 billion USD.

According to BlockBeats news on October 16, monitored by Big Tech AlertCircle, the official X account has added a follow for the Open Source Multi-Sig smart contracts Wallet project Safe's official Twitter.

Analysts point out that Circle's stablecoin USDC is transforming into mainstream payments and is expected to replace fiat in the cross-border payment market. Regulating stablecoins will drive rise, and the supply of USDC is expected to reach $220 billion by 2027, dropping international transaction costs by up to 90%.

Odaily News Circle announced that it has chosen the encryption accomplice platform Safe as the institutional storage solution for the stablecoin USDC. It is reported that Safe, formerly known as Gnosis Safe, is a multisignature-based "smart account" platform that currently protects over 60 billion dollars in digital assets, including at least 2.5 billion dollars in USDC.

Odaily News Wall Street brokerage Bernstein stated that if U.S. interest rates drop significantly, Circle (CRCL)'s revenue could be impacted, but strong demand for stablecoins and operating leverage may help mitigate the blow. Currently, the rating for Circle's stock is outperform, with a target price of $230. The stock dropped 2.3% in early trading, falling to around $134.40. (CoinDesk)

BlockBeats news, on October 13, according to DefiLlama data, the token launch platform Four.meme on BSC has generated nearly 18.74 million USD in revenue/fees over the past 7 days, becoming the highest revenue issuance platform in the entire network. As of the time of publication, Four.meme has risen to the 4th place in the 7-day revenue ranking among all protocols in the network, only lower than Tether, Circle, and Hyperliquid.

According to a report by Jinse Finance, data from DefiLlama shows that the Ethereum network generated $9.89 million in revenue in the past 24 hours, surpassing Circle ($7.83 million) to rank second, only behind Tether ($22.8 million).

According to a report by Jinse Finance, based on official data from Circle, from October 3 to October 9 Eastern Time, Circle issued approximately 6.8 billion USDC and redeemed about 5.5 billion USDC, increasing the circulating supply by approximately 1.3 billion. As of October 9, the total circulating supply of USDC was approximately 75.5 billion, with a reserve amount of about 75.6 billion USD.

PANews October 11 news, according to Lookonchain monitoring, after the market big dump, Tether and Circle collectively minted stablecoins worth $1.75 billion.

Golden Finance reports that, according to Bloomberg, the Fed will hold a "Payment Innovation" conference this month, inviting Cathie Wood from Ark Investment Management, Rob Goldstein from BlackRock, and Heath from Circle Internet Group.

Former Marshall Wace trader Scott Arnold is claiming against a London hedge fund, seeking a share of the profits from its investment in stablecoin issuer Circle. Marshall Wace has invested around $200 million since 2021 and holds over 8.5 million shares, making it one of the fund's most profitable projects.

Gate News bot message, the latest data reveals Tether and Circle have secured their positions as the highest revenue-generating projects in the cryptocurrency space. According to revenue figures, HyperliquidX and pump.fun follow with $83M and $56M respectively. The data also shows other significant

PANews reported on October 6 that Cointelegraph stated that despite multiple sanctions, the A7A5 stablecoin, pegged to the Russian ruble, has become the largest non-US dollar stablecoin by market capitalization in the world. According to data from CoinMarketCap and DeFiLlama, A7A5's market capitalization reached nearly $500 million on Monday, accounting for about 43% of the total market capitalization of non-US dollar stablecoins ($1.2 billion). A7A5 experienced an astonishing rise of 250% in a single day on September 25, with a market capitalization increase of $350 million, surpassing the euro stablecoin EURC issued by Circle. Despite being sanctioned by the US and UK due to its association with sanctioned entities and being accused of circumventing Western financial restrictions, it continues to maintain its growth momentum.

BlockBeats news, on October 4th, Circle officially announced on social media that the issuance of its USDC stablecoin has surpassed 75 billion coins, setting a new historical high, accounting for approximately 24.9% of the total market capitalization of USD stablecoins in the entire network.