Circle shares (NASDAQ:CRCL) have been on a tear since their initial public offering (IPO) earlier this month. Circle shares were initially priced at

David Zaslowsky of Baker McKenzie discusses developments toward a legal framework for digital assets and integration of them into traditional finance, noting the Initial Public Offering of Circle Internet Group and legislation in Congress.

Arthur Hayes says the crypto industry is walking straight into a minefield. In his latest essay, Assume the Position, Arthur called Circle’s IPO the beginning of what he sees as a reckless wave of stablecoin startups,

Circle Internet Group, Inc. is well-positioned to benefit from the rapid adoption of stablecoins. Click here to read an analysis of CRCL stock now.

JPMD will offer clients round-the-clock settlement as well as the ability to pay interest to holders. It is a so-called "permissioned token," meaning it is only available to JPMorgan's institutional clients — unlike many stablecoins, which are publicly available.

Circle priced its initial public offering (IPO) on Wednesday at $31 per share, above the expected range of $24 to $26. The company sold around 34 million shares in the offering for a valuation of $1.1 billion. Bloomberg pegs the total amount raised in the IPO at $6.9 billion.

Shares of stablecoin issuer Circle spiked on Wednesday as its USDC token expands natively to another blockchain, World Chain.

Circle's USDC has launched on XRPL, enabling fast, secure, stablecoin use for payments, DeFi, and fintech apps.

World Network also integrates Circle’s Cross-Chain Transfer Protocol (CCTP V2) to move USDC across a range of blockchains.

Circle Internet on Wednesday priced its upsized U.S. initial public offering at $31 apiece, raising $1.05 billion, adding fresh momentum to a growing pipeline of late-stage cryptocurrency firms eyeing public markets.

An early investment in stablecoin issuer Circle Internet Group Inc. has turned into one of the most profitable trades ever for Marshall Wace, netting a roughly $700 million profit from crypto firm’s stellar initial public offering.