Gate News bot news, on July 8, according to Dune data, the stock tokenization platform xStocks created by Backed reached a trading volume of 6.21 million USD yesterday (July 7), and the platform's DAU (Daily Active Users) reached 2,473 people, with 17,010 transactions conducted.

On Tuesday (July 8), XRP hovered around $2.20, continuing its recent narrow consolidation pattern. The current price level has rebounded about 22% from the June low, and the overall sentiment in the Crypto Assets market has improved. The most significant bullish catalyst (Bullish Catalyst) for XRP lies in its parent company Ripple Labs' potential to challenge traditional cross-border payment giant SWIFT. SWIFT connects over 11,000 banks worldwide and processes over $150 trillion annually. Ripple aims to disrupt this market through its RippleNet network and XRP Ledger technology.

According to BlockBeats news on July 8, Dune data shows that the stock tokenization platform xStocks created by Backed had a trading volume of 6.21 million USD yesterday, with a daily active user count (DAU) of 2,473 and a total of 17,010 transactions. In terms of trading varieties, TSL and Circle had trading volumes of 2.46 million USD and 2.21 million USD, ranking first and second respectively, while the S&P 500 index had a trading volume of 559,000 USD, ranking third.

Golden Finance reported that U.S. stocks closed on Tuesday, with the Dow Jones rising 0.9% initially, the S&P 500 index slightly falling, and the Nasdaq dropping 0.8%. Nvidia (NVDA.O) fell nearly 3%, Circle (CRCL.K) rose over 6%, and Tesla (TSLA.O) dropped 5.3%.

According to ChainCatcher news and CoinDesk reports, Citigroup stated that Circle's valuation is reasonable and has given it a buy rating for the first time, setting the target price for Circle's stock at $243, which still has about a 34% upside compared to yesterday's closing price of $181.

Gate News bot message, CoinDesk reported that Citigroup released a research report on July 1, giving Circle (CRCL) stock a "Buy/High Risk" rating for the first time, setting a target price of $243. Circle stock was issued at an IPO price of $31, reached a high of $299, and then fell back to $181. Citigroup analysts' target price is lower than the current price.

Odaily News Citigroup, a financial giant, stated that Circle's valuation is reasonable and has given it a buy rating for the first time. Citigroup set a target price of $243 for Circle's stock, which is an increase of about 34% from last night's closing price of $181. The Citigroup report noted that Circle benefits from "scarcity value, the 'winner-takes-all' concept, significant potential opportunities, legislative momentum," and "enormous operational leverage potential."

Gate News bot news, PANews news, Circle announced a new developer service Circle Gateway on July 1. This service enables unified management of USDC balances and provides users with instant cross-chain Liquidity support. Circle Gateway has three core functions: First, it eliminates the need for cross-chain pre-stored funds and rebalancing operations, most...

Odaily News Circle announced on the X platform the launch of the developer service Circle Gateway, which enables unified USDC balance, instant cross-chain Liquidity, and other features, eliminating the need for cross-chain pre-funding or rebalancing. A single integration can meet the needs of multiple chains, allowing users to retain full control and withdraw without permission. This month, it will go live on Testnet for Base, Ethereum, and others.

PANews July 1st news, the Financial Action Task Force (FATF) recently warned of a rise in crime related to stablecoins, but executives from blockchain intelligence companies stated that this is not a threat to the Crypto Assets industry, but rather emphasizes the need to strengthen regulation and monitoring. Executives from Chainalysis and Asset Reality believe that this warning is aimed at promoting unified licensing and regulation for stablecoin issuers, enhancing real-time monitoring and international cooperation to track and combat illegal flows of funds, rather than prohibiting the development of stablecoins. Chainalysis data shows that the 2025 cryptocurrency crime report indicates that 63% of on-chain illegal transaction volume is denominated in stablecoins. Experts point out that the transparency and traceability of stablecoins make them not the best choice for criminals, while centralized stablecoin issuers also have the ability to freeze illegal funds, such as Tether freezing $225 million of US.

According to Dune data, Backed's tokenization platform xStocks has reached a volume of $1,574,670 since its launch, with 1,551 users and 61 tradable assets, among which NVIDIA and MicroStrategy have the highest trading volume.

PANews reported on July 1 that on-chain detective ZachXBT stated that Circle and USDC are used as the primary payment infrastructure by North Korean IT workers, but no measures have been taken to detect or freeze related activities, while claiming compliance. He noted that recent transaction volume has reached high eight digits, yet no one is paying attention during the current "crime supercycle."

Gate News bot news, on-chain data analyst ZachXBT disclosed through platform X that North Korean IT practitioners are widely adopting the stablecoin USDC issued by Circle as a payment tool. According to his investigation, the recent transaction scale reached tens of millions of USD. In his post, ZachXBT questioned Circle, pointing out that although the company emphasizes "Compliance", it is...

Odaily News On-chain detective ZachXBT posted on platform X, stating that the stablecoin USDC issued by Circle is widely used for payments by North Korean IT workers, claiming to have discovered that the recent transaction volume has reached tens of millions of USD. He criticized Circle for not taking any freezing or monitoring measures while claiming to be "compliant," sarcastically stating, "This is a crime Supercycle, and no one cares."

According to Gate News bot, Reuters reported that stablecoin issuer Circle has submitted a trust bank license application to U.S. regulators. Circle plans to establish a national trust bank in the United States, named First National Digital Currency Bank, N.A. Once the application is approved, the bank will have custody rights for reserves.

Gate News bot message, on July 1st, stablecoin issuer Circle is applying for a U.S. trust bank license to create a new national trust bank entity. If approved, Circle will establish the first national digital currency bank, which can provide custodial services, including the custody of tokenized stocks and bonds. Circle CEO Je

Odaily News According to a report by 10x Research, as of 2025, encryption concept stocks have accumulated a rise of 119%, surpassing the pump of Bitcoin and most traditional assets. With companies like Circle pushing for billion-dollar IPOs, Wall Street is quietly incorporating encryption stocks into mainstream allocations. The report states that 2025 could become the "year of encryption stocks," with encryption companies expected to become an important component of the emerging zone in U.S. stocks.

According to the Gate News bot, blockchain data shows that Circle has issued 250 million USDC stablecoin on the Solana network. Statistics indicate that, to date, Circle has cumulatively issued 17.5 billion USDC tokens on the Solana network.

BlockBeats news, on July 7th, according to market data, some cryptocurrency concept stocks in the U.S. market rose before the opening, including: Bit Digital (BTBT.US) rise 12.93%; SharpLink Gaming (SBET.US) rise 5.72%; Circle (CRCL.US) rise 1.72%; IREN Ltd (IREN.US) rise 3.09%.

Today (7) during the Asian afternoon session, Stellar (XLM) rose nearly 1%, making a slight gain on top of the 5% increase on Sunday. After rebounding from the support level on Wednesday, XLM is now approaching the resistance trend line of a descending triangle pattern, driving its increase of nearly 12%. PayPal announced that PayPal USD (PYUSD) will land on the Stellar platform, and the heated discussions on social media have further fueled market optimism, with the number of open contracts for XLM surging by 10%. The technical outlook remains bullish, with positive factors continuously emerging.

Questflow.ai officially joins the Circle Alliance Program as an official partner of Circle. The platform promotes efficient workflow collaboration through the Multi-Agent Orchestration Protocol (MAOP), further recognizing its capabilities in the Web3 native finance and infrastructure field, aiding the expansion of applications such as payments, identification, and automated execution.

According to Gate News bot and CNBC, the well-known stablecoin issuer Circle is applying to establish a national trust bank in the United States. This move is an important strategic deployment after the company recently achieved an estimated valuation of approximately $18 billion through an IPO. If approved by the Office of the Comptroller of the Currency (OCC), Circle will be able to use its own reserves as...

Gate News bot message, Reuters reported that stablecoin company Circle has submitted an application to the Office of the Comptroller of the Currency (OCC) to establish the "First National Digital Currency Bank, N.A." national trust bank. This application is one of the supporting measures for Circle's IPO plan. After obtaining the license, Circle will have the autonomous custody rights of USDC reserves.

Gate News bot message, Bloomberg reports that despite Circle's stock price rising nearly 490% after its listing, lead underwriter JPMorgan has given it a "downgrade" rating. JPMorgan set a target price of $80, down about 60% from its peak. JPMorgan analyst Kenneth Worthington pointed out in his report that Fiserv, Mastercard, Amazon

Gate News bot message, latest news: Circle has completed the destruction of 250 million USDC on the Solana chain. According to on-chain data, as of now, Circle has burned a total of 16.75 billion USDC on the Solana network.

According to ChainCatcher news, market data shows that the US stock stablecoin concept stocks are rising, with Robinhood rising over 6% and Circle rising over 3%. According to ChainCatcher's previous report, as reported by Jinshi, U.S. Treasury Secretary Bessent stated that legislation on stablecoins may be completed by mid-July, which will be a source of demand for U.S. government bonds.

According to Gate News bot, Cointelegraph reported that JPMorgan recently released a research report, analyzing Circle's stock for the first time and giving it a "reduce" rating. The report sets a target price of $80 for December 2026, which is 55% lower than the current stock price of $180. This pricing is based on a 45 times valuation of the expected earnings per share for 2027, plus an additional $10.

Gate News bot message, According to reports, on June 30, the JPMorgan analyst team rated Circle (CRCL) stock for the first time, giving it a "Underweight" rating and setting a target price of $80 for December 2026. This target price is 55% lower than Circle's current stock price of $180. Analysts believe that despite Circle's emergence in the stablecoin sector.

JPMorgan analysts have given Circle stock a downgrade rating, setting a target price of $80, which represents a 55% drop from the current stock price of $180. The analysis suggests that Circle holds a dominant position in the emerging stablecoin market, but its market capitalization is too high.

According to Gate News bot, The Block reported that research and brokerage firm Bernstein has issued its first rating on stablecoin issuer Circle, giving it a " outperform" rating with a target price of $230. Analysts from Gautam Chhugani's team point out that Circle is building a leading digital dollar stablecoin network with regulatory advantages and liquidity.

According to Jinse Finance, as reported by Hong Kong media Hong Kong Commercial Daily, Circle, the issuer of the world's second-largest stablecoin USDC, was listed on the New York Stock Exchange on June 5, recording a rise of over 5 times in just over a month. It is reported that Everbright Holdings became a shareholder of Circle in 2016, and Huaxing Capital invested in Circle in 2018. Analysts point out that the stablecoin's "iPhone moment" is approaching investors at a visibly rapid pace, and the market generally believes that stablecoins are expected to reshape the global payment and financial landscape.

With the recent passage of the GENIUS Act in the United States, Chinese tech giants are seeking to balance the rising dominance of dollar-pegged digital currencies. At the heart of this competition is the stablecoin market, which could reach a scale of 2 trillion dollars in the future.

According to BlockBeats news on July 4, data from Dune shows that the stock tokenization platform xStocks created by Backed saw a trading volume of 3.81 million USD on its fourth day, a significant drop from the previous day's trading volume of 8.56 million USD. The platform reported 2,835 daily active users (DAU) and completed 25,126 transactions. In terms of trading varieties, the S&P 500 index had a trading volume of 960,000 USD, ranking first, followed by TSL, Circle, and NVIDIA stock tokens.

Gate News Bot news, on July 4, according to CoinMarketCap data, as of the time of writing, SOL (Solana) is currently priced at 151.23 USD, falling by 1.14% within 24 hours, with a high of 159.63 USD and a low of 141.35 USD. The 24-hour volume reached 3.65 billion USD. The current market capitalization is approximately 80.87 billion USD, a decrease of 934 million USD from yesterday. Solana is a high-performance blockchain platform that provides developers with robust infrastructure and offers a fast experience for all users. The platform supports a variety of application scenarios, ranging from seasoned users to new consumers, and is committed to bringing blockchain technology to the masses. The Solana ecosystem is providing tools and integrated solutions for numerous companies around the world. Important recent news about SOL: 1️⃣ **The first Solana staking ETF is in

Today (5) in the Asian early market, Bitcoin slightly retraced to around 109,600 USD after breaking through the 110,000 USD mark last night. U.S. President Trump stated that he may begin announcing new tariff rates to various countries on Friday local time. The June non-farm payroll data was stronger than expected, boosting market sentiment and weakening expectations for a rate cut by The Federal Reserve (FED), which has suppressed buying interest in Crypto Assets.

Gate News bot message, according to on-chain data, Circle has just removed 250 million USDC on the Solana chain through centralized exchange. In the past month, Circle has removed a total of 2 billion USDC on the Solana chain through centralized exchange.

Gate News bot message, the data shows that Circle has just burned 250 million USDC tokens on the Solana blockchain. Statistics indicate that as of 2025, Circle has cumulatively burned 17.25 billion USDC tokens on the Solana blockchain.

According to ChainCatcher news, on-chain data shows that Circle issued 250 million USDC on the Solana blockchain 3 minutes ago.

According to ChainCatcher news, on-chain data shows that Circle issued an additional 250 million USDC on the Solana chain 3 minutes ago.

Arthur Hayes' latest viewpoint suggests that Bitcoin's price movement may experience a brief pullback, with a target of potentially reaching $90,000, after which it will be propelled to new historical highs by fiat stablecoins issued by American banks.

After the collapse of Silicon Valley Bank (SVB), there has been a new gap in the demand for financial services in the tech industry. A group of prominent tech investors, including military tech entrepreneur Palmer Luckey (known for founding Anduril Industries) and venture capitalist Joe Lonsdale (co-founder of Palantir and managing partner at 8VC), is preparing to establish a new bank named "Lonely Mountain." This bank, named after the "Lonely Mountain" in The Lord of the Rings, has officially applied for a national bank charter in the U.S., aiming to serve the niche market left by the collapse of Silicon Valley Bank and ambitiously venturing into cutting-edge fields such as Crypto Assets, defense technology, and artificial intelligence.

BlockBeats news, on July 3rd, according to Dune data, the stock tokenization platform xStocks created by Backed has reached a trading volume of 7.73 million USD on its third day of operation, with trading volume continuously rising. In addition, yesterday the platform's DAU (Daily Active Users) decreased compared to the previous day, reaching 4,215 people, achieving 14,560 transactions. In terms of trading varieties, the S&P 500 index trading volume reached 4.25 million USD, ranking first, followed by TSL and Circle stock tokens.

Gate News bot reported that stablecoin issuers led by Tether generated nearly $10 billion in revenue, with Tether earning $6.56 billion, Circle $1.89 billion, Sky Protocol $384 million, and Ethena $332 million. These growths have strengthened the blockchain ecosystem, boosting liquidity and Decentralized Finance (DeFi) activities.

Odaily News The US stock market shows that the leading stablecoin stock Circle has fallen over 6%, retracting 31% in nearly 7 trading days.

Odaily News The US stock market shows that the first stablecoin stock Circle has fallen over 6%, retracting 31% in nearly 7 trading days.

Odaily News Gray Release published a research report for June, which pointed out that the GENIUS Act will bring regulated payment stablecoins to the United States, having passed the Senate with bipartisan support and now heading to the House for approval. Circle has successfully gone public, and it is expected that the increase in regulatory clarity and favorable macro backdrop (huge budget deficits and potentially lower Interest Rates) in the second half of 2025 will continue to support encryption assets.

Traditional payment giants Visa and Mastercard are facing strong challenges from tech companies and crypto startups! Stablecoins, with their ultra-low fees, instant settlement, and core advantages of bypassing intermediaries, are making a strong entry into the $100s of billions payment market. How will this transformation affect merchant costs, consumer experience, and the practical application of Crypto Assets? This article will provide a deep analysis of this "huge change" in the payment sector.

BlockBeats news, on July 2nd, according to Dune data, the stock tokenization platform xStocks created by Backed achieved a trading volume of 5.82 million dollars on its second day, more than quadrupling the 1.34 million dollars from the first day. Additionally, yesterday the platform's DAU (Daily Active Users) reached 5,641, executing 15,719 transactions. In terms of trading varieties, the S&P 500 index's trading volume reached 1.69 million dollars, ranking first, followed by TSL and Circle stock tokens.