Circle Urges OCC to Finalize Strong GENIUS Act Stablecoin Rules
In recent developments, circle urged the OCC to finalize clear, consistently applied GENIUS Act rules for payment stablecoin issuers. The company said the proposed framework should support reliable redemption and…
Circle Stock Jumps 20% to $119.53 as Tillis Deal Pushes Clarity Act Forward
In recent developments, circle shares surged nearly 20% on May 4, closing at $119.53, after U.S. Senators Thom Tillis and Angela Alsobrooks reached a bipartisan compromise on the CLARITY Act’s…
Circle Economist Proposes Higher USDC Rates on Aave V3 After KelpDAO Exploit
In recent developments, gordon Liao, Circle’s Chief Economist, submitted a governance proposal on April 22, 2026, calling on Aave to raise USDC borrow rates sharply on its V3 Ethereum Core…
Circle, OSL Expand USDC Access as Asia Cross-Border Demand Grows
In recent developments, institutional access to digital dollar liquidity is growing as cross-border settlement demand rises and stablecoins gain a larger role in market infrastructure. OSL Group and Circle are…
Circle Internet Group faces class action over failure to stop Drift Protocol …
In recent developments, circle is accused of failing to freeze exploit-linked transfers. Approximately $230 million in stolen funds was routed through Circle’s USDC. Drift plans $147.5 million recovery backed by…
Drift Taps Tether for $148 Million Recovery Plan, Ditches Circle’s USDC Follo…
In recent developments, circle has faced pushback online for standing pat as actors used its cross-chain protocol to move stolen funds. The development has drawn attention from traders and analysts…
Circle Launches USDC Bridge for Native Cross-Chain Transfers Across EVM Networks
In recent developments, circle launched the USDC Bridge this week, giving users a direct, Circle-operated interface to move native USDC across supported blockchains without wrapped tokens, liquidity pools, or manual…
Circle Faces Lawsuit After Drift Exploit Over Claims It Took No Action to Fre…
In recent developments, crypto infrastructure providers are under rising pressure as a new lawsuit tests whether technical control can bring legal responsibility after a major hack. The case against Circle…
Circle Hit With Class Action Lawsuit Over $285M Drift Protocol Hack
In recent developments, lawyers allege Circle failed to freeze stolen USDC during an eight-hour window as hackers moved funds from the exploited trading platform. Looking closer, market participants highlight key…
Stablecoin issuer Circle faces lawsuit over $280M Drift Protocol hack
In recent developments, circle was accused of aiding and abetting the conversion of the stolen funds and negligence after it did not freeze funds stolen from the Drift Protocol in…
