Binance takes $100M stake in Circle under expanded USDC deal
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Binance Takes $100M Stake in Circle Under Five-Year USDC Promotion Deal
The two sides closed an equity placement and a five-year commercial deal on the same day, with money moving in both directions.
Flutterwave receives investment from Circle Ventures to expand its USDC payment and settlement business in Africa.
According to Foresight News , African fintech company Flutterwave announced it has received investment from Circle Ventures, with the specific investment amount undisclosed. This investment aims to expand Flutterwave's USDC payment and settlement business in Africa. Flutterwave stated that stablecoins are becoming core financial infrastructure, and the company is committed to building faster and more flexible cross-border fund transfer methods to help businesses achieve cash flow. According to a previous report by Foresight News , Ripple acquired a stake in African fintech company Flutterwave in June of this year for a valuation of $3.3 billion.
Circle launches Bitcoin-backed USDC borrowing for institutional clients
Circle is bringing Bitcoin-backed borrowing to institutional clients, allowing them to tap BTC holdings for USDC liquidity without selling their Bitcoin.
What Is Arc? The Stablecoin Blockchain From USDC Issuer Circle
Arc is a new layer-1 blockchain developed by USDC issuer Circle, designed specifically for stablecoin-native finance.
Circle launches Arc mainnet with USDC as native gas token
Circle’s Arc mainnet is live with USDC for transaction fees, support for more than 20 fiat stablecoins and links to over 20 blockchains.
Robinhood takes stakes in Crypto.com, OG.com in prediction markets deal
Robinhood will route event contracts through OG.com’s CFTC-regulated infrastructure as it expands its prediction markets business.