Circle has secured a court-backed arbitration win after records made public in a Boston federal court detailed why the stablecoin issuer suspended Heka Fundsβ USDC minting and redemption services over suspected market manipulation involving Tether. Court filings submitted by Circleβ¦
JCB has partnered with Circle to test USDC for internal treasury transfers and merchant payments in Japan, extending stablecoin use into cross-border corporate settlement and retail transactions. A July 14 statement from JCB said the Japanese payments company has signedβ¦
Visa data shows USDC carrying 70% of adjusted stablecoin volume, double USDT. How Circle won settlement, Tether kept savings, and what breaks the truce.
On June 30, more than 140 companies, including Visa, Mastercard, Stripe, BlackRock, Google, and Circleβs most important ally, Coinbase, unveiled a stablecoin designed to give away the exact revenue stream Circle lives on. CRCL cratered 17% in a day andβ¦