Circle Raises $222 Million for Arc Blockchain in Token Presale
Circle raised $222 million for its Arc blockchain network in a token presale backed by BlackRock and a16z.
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Circle raised $222 million for its Arc blockchain network in a token presale backed by BlackRock and a16z.
Blockchain network Polygon says it will invest $250 million in deals aimed at boosting stablecoin payment adoption and infrastructure, positioning itself as a key hub for crypto payment activity.
The stablecoin market hits a record near $310 billion, led by USDT and USDC as demand for on-chain dollars grows across trading and payments.
JPMorgan arranged a $50 million Galaxy Digital bond issued on Solana, with institutional investors settling the transaction in USDC.
New York is testing USDC payments as basic income, giving 160 residents $12,000 in stablecoins through a Coinbase-backed pilot.
Coinbase launches a regulated token sale platform debuting with Monad (MON), opening early-stage crypto access to U.S. retail investors.
Fintech firm Revolut is offering U.S. dollar customers the option to swap fiat into major stablecoins at a one-to-one rate, signalling deeper integration of digital assets in everyday finance.
Payments giant Visa announced it will begin supporting four different stablecoins operating on four unique blockchains, expanding its crypto-asset infrastructure amid growing institutional demand.