Artemis Analytics: total stablecoin transaction volumes rose 72% YoY to a record $33T in 2025, led by Circle's USDC at $18.3T and Tether's USDT at $13.3T
Stablecoin transactions reached unprecedented heights last year, buoyed by favorable policy in the US under pro-crypto President Donald Trump.
Visa says it will allow US banks to settle transactions using Circle's USDC stablecoin over Solana, the US' first full deployment of a stablecoin settlement
Emily Mason / Bloomberg :
Tether, the world's largest issuer of stablecoins, says it has hit 500M users; the supply of USDT nears ~$182B while Circle's USDC has ~$75B in circulation
RT Watson / The Block :
A look at challenges facing Tether and Circle's stablecoin duopoly, such as intermediaries like exchanges and DeFi protocols exploring their own stablecoins
Amazing work Nic Carter … Thomas Messina : Excellent article from Nic Carter on the future of stablecoins — “Based on the declining fixed costs of issuing a stable …
Crypto asset manager Grayscale confidentially files draft IPO paperwork with the US SEC, offering few details; the DCG subsidiary manages $30B+
- Grayscale's confidential filing signals the next major U.S. crypto IPO after Circle's debut and could gauge renewed investor demand.
Fiserv aims to launch its own stablecoin by the end of 2025 and partners with PayPal and Circle to develop new products for financial institutions and merchants
Emily Mason / Bloomberg :
Winklevoss twins' crypto exchange Gemini says it has confidentially filed for an IPO in the US, after SEC dropped its probe and Gemini settled with CFTC for $5M
Update CoinDesk : Billionaire Winklevoss Twins-Backed Exchange Gemini Files With SEC For Planned IPO Vicky Ge Huang / Wall Street Journal : Crypto Exchange Gemini Files for IPO Landon Manning / BeInCr...
Circle's stock soared 168% on Thursday, closing at $83.23, after the stablecoin company priced its NYSE IPO at $31 and raised almost $1.1B in the offering
Shares of Circle Internet Group soared 168% on Thursday after the stablecoin company and its selling shareholders raised almost $1.1 billion in an initial public offering.
Circle's S-1 shows that 60% of the 24M shares available in its IPO come from existing stakeholders rather than the company, a highly unusual move in a tech IPO
Stablecoin issuer Circle stands to be one of the first significant cryptocurrency companies to go public in the U.S. That's not the only unusual aspect of its IPO.
Sources: Circle recently engaged in informal talks to sell itself to Coinbase or Ripple, seeking at least $5B, the valuation it is targeting in a potential IPO
but talks with Coinbase and Ripple could mean a sale, sources say r/AMPToken : What does this mean for Amp/Flexa if Coinbase buys Circle?