Tag: Circle

Circle Stock Falls as Morgan Stanley Cuts Price Target to $38

Morgan Stanley cuts Circle stock target to $38 from $106. USDC growth forecasts reduced for 2027 and 2028. TD Cowen starts...

Circle Mints Fourth $250M USDC Batch on Solana Within Two Days 

Circle completed four $250 million USDC mints on Solana within two days. Reported gross USDC issuance on Solana reached $72.01...

Circle Stablecoin Payments Enter Korea Through Kakao and Toss 

Circle signs separate payment infrastructure agreements with Kakao and Toss. Kakao will assess KRW stablecoins, remittances and merchant settlement services. Toss...

Tether and Circle Mint $1.25B in Stablecoins: A Bullish Signal or Red Flag?

Tether minted 1B USDT and Circle 250M USDC on August 27, 2025. Combined stablecoin issuance hit $8.75B in the past...

Circle Joins Binance-Led Global Travel Rule Network: A Leap Toward Compliance

Circle joins the Binance-led GTR Network to enhance Travel Rule compliance. The partnership offers jurisdiction-agnostic coverage for secure digital asset...

Circle Faces Revenue Hit as Rate Cuts Loom: Strategic Pivot Underway

A 100 bps rate cut could cut Circle’s revenue by $618M and gross profit by $303M. Circle targets a 44%...