Circle freezes 57M USDC linked to LIBRA memecoin scandal

insider trading behind LIBRA coin’s $1.16b rise and fall

Nearly $58 million in USDC has been frozen in connection with the LIBRA memecoin scandal, deepening the legal and political fallout from one of this year’s biggest crypto scandals. On May 29, blockchain analytics firm Arkham reported that Circle, the issuer of USD Coin (USDC), froze two Solana (SOL) wallets tied to the LIBRA deployer … Read more

Africa Crypto Week in Review:  Onafriq Taps USDC, Nigeria After 8 Suspects Following CBEX Collapse, Phoenix Group Expands Bitcoin Mining Operations In Ethiopia

Top Africa crypto news features Onafriq adopting USDC as Nigeria hunts CBEX scammers. In Ethiopia, Phoenix Group is expanding

Top Africa crypto news features Onafriq adopting USDC as Nigeria hunts CBEX scammers. In Ethiopia, Phoenix Group is expanding its Bitcoin mining operations. The last week of April brought several notable crypto stories from Africa. African payment service provider Onafriq is leveraging USDC to enhance cross-border settlements. Meanwhile, Nigeria is pursuing eight individuals, including four … Read more

Stellar And AEON Partnership Brings USDC And XLM Payments To SouthEast Asia

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Stellar, a blockchain company that facilitates fast, low-cost, and energy-efficient transactions, has announced a string of developments, from regional partnerships to real-world asset (RWA) integrations, that have made its momentum hard to ignore. On 17 April 2025, AEON Group, South Asia’s largest retail conglomerate, announced its partnership with Stellar Development Foundation (SDF) to facilitate the … Read more

USDC issuer Circle officially files for IPO on the NYSE

USDC issuer Circle officially files for IPO

Circle, the company behind the USDC stablecoin, has officially filed for an initial public offering with the U.S. Securities and Exchange Commission. According to the April 1 filing, Circle (USDC) intends to list its Class A common stock on the New York Stock Exchange with the ticker “CRCL.” The company’s filing indicates that some current … Read more

Circle releases USDCKit SDK for USDC payment integration

Circle releases USDCKit SDK to simplify USDC payment integration

Circle has unveiled USDCKit, a new tool designed to make USDC payment integration easier for businesses.  According to a Mar. 27 announcement on Circle’s official blog, the demand for stablecoins has been rising despite market volatility. Stablecoins have found a strong product-market fit in both the web3 and traditional finance sectors. However, many companies struggle … Read more

Circle’s USDC Gains Regulatory Approval In Japan, Partners With SBI Holdings For Adoption

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Circle, the issuer of USDC stablecoins, is making headlines again with its recently announced regulatory approvals and partnership in Japan. In a statement published on 25 March 2025, Circle disclosed that it has officially entered the Japanese market. The company will be leveraging its Japanese entity, Circle Japan KK, alongside its joint venture with Japanese … Read more