ChainCatcher news, according to Onchain Lens monitoring, Circle minted 250 million USDC on Solana about 8 hours ago.Circle has minted USDC worth 17.25 billion dollars on Solana in 2025.

ChainCatcher news reports that, according to DL News, the two major stablecoin issuers in the cryptocurrency space, Ripple and Circle, have both applied for a national trust bank charter in the United States. If approved, this move will subject them to federal regulation and bring them closer to the core of the U.S. financial system. Obtaining the charter will place both companies under the supervision of the Office of the Comptroller of the Currency (OCC), requiring them to adhere to the same capital, liquidity, and risk standards as traditional banks.Chris Colson, a payments expert at the Atlanta Federal Reserve Bank, stated that this is significant for cryptocurrency, primarily because it indicates that stablecoins are truly entering the financial mainstream. Furthermore, obtaining a banking charter means that these two companies can act as federally regulated custodians, holding stablecoin reserves and potentially accessing the Federal Reserve's real-time payment system. He emphasized that "the actions of Circle and Ripple blur the lines between fintech and traditional banking," posing significant competition to existing banks.

ChainCatcher message, according to on-chain data, Circle issued an additional 250 million USDC on the Solana chain 3 minutes ago.

ChainCatcher news, according to Solscan data, Circle minted approximately 250 million USDC on the Solana blockchain at 3:13 AM Beijing time on July 3rd.

ChainCatcher news, according to CoinDesk Data, stablecoin issuers generated nearly $10 billion in revenue over the past year.Among them, Tether topped the list with $6.56 billion in revenue, Circle earned $1.89 billion, Sky Protocol received $384 million, while Ethena had $332 million in revenue.

ChainCatcher news, according to CoinDesk, Citigroup stated that Circle's valuation is reasonable, giving it an initial buy rating and setting a target price of $243 for Circle's stock, which still has about a 34% upside compared to yesterday's closing price of $181.

ChainCatcher news, Circle announced the launch of developer service Circle Gateway, aiming to achieve unified USDC balance, instant cross-chain liquidity, and other functions, 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. It will go live this month on Base, Ethereum, and Avalanche testnets.

ChainCatcher news, ZachXBT posted that despite Circle's constant emphasis on compliance, the USDC stablecoin has actually become a major infrastructure for North Korean IT workers to make payments.He stated that Circle has not taken any measures to detect or freeze these suspicious activities and claimed he could point out recent transaction volumes reaching up to 8-digit dollar amounts. ZachXBT believes that this serious issue has not received enough attention during the current "crime supercycle."

ChainCatcher news, according to statistics from the Web3 asset data platform RootData, the crypto primary financing market completed a total financing amount of $7.75 billion in the first half of 2025, an increase of 40.17% year-on-year and 77.75% quarter-on-quarter. In March alone, $2.895 billion was raised, with Binance completing $2 billion in financing. If we exclude the impact of this financing, the average monthly financing amount in the first half of the year remained around $950 million, with an average financing amount of $12.419 million and a median of $5.425 million.In terms of the number of financing events, there were a total of 463 financing events in the first half of the year, averaging 77 events per month, a decrease of 49.72% year-on-year and 26.27% quarter-on-quarter. In the financing track, CeFi led with $2.719 billion, surpassing the previously popular infrastructure track ($1.87 billion).It is noteworthy that merger and acquisition events reached 66, an increase of 60.9% compared to the 41 events in the second half of 2024. Additionally, crypto-related publicly listed companies like Circle and Sol Strategies raised a total of $2.233 billion. Both types of financing data set historical records.The most active institutions in the first half of the year were Coinbase Ventures, a16z, and Amber Group, each participating more than 20 times. Following them were institutions such as Animoca Brands, GSR, Selini Capital, 1kx, and Mirana Ventures. The most active angel investors were Raj Gokal, Sam Kazemian, and Balaji Srinivasan.Overall, the financing amount in the crypto primary financing market significantly increased in the first half of 2025, but the number of events continued to decline compared to previous years, showing characteristics such as the concentration of large financings, increased M&A activities, and changes in track preferences, while more funds began to shift towards the more liquid secondary stock market.

ChainCatcher news, according to a report by 10x Research, cryptocurrency concept stocks have risen 119% year-to-date in 2025, outperforming Bitcoin and most traditional assets. As companies like Circle push for multi-billion dollar IPOs, Wall Street is quietly incorporating crypto stocks into mainstream allocations. The report states that 2025 may become the "year of crypto stocks," with crypto companies expected to become an important part of the emerging sector in the U.S. stock market.

ChainCatcher news, according to CNBC, stablecoin issuer Circle (CRCL.K) is applying to establish a national trust bank in the United States. Earlier this month, the company achieved a valuation of nearly $18 billion through its initial public offering, and this application is a key move following that.If the Office of the Comptroller of the Currency (OCC) approves this charter, Circle will be able to act as a custodian for its own reserves and hold crypto assets on behalf of institutional clients. However, unlike traditional banks, this charter does not allow Circle to accept cash deposits or issue loans. Currently, the only digital asset company with a national trust bank charter is the cryptocurrency platform Anchorage Digital.Experts and analysts say that once the bill is signed into law, it could pave the way for more traditional financial institutions and retailers to incorporate stablecoins into their businesses.

ChainCatcher news, according to market data, US stocks related to stablecoins are strengthening, with Robinhood rising over 6% and Circle increasing by more than 3%.ChainCatcher previously reported, according to Jinshi reports, US Treasury Secretary Yellen stated that stablecoin legislation may be completed by mid-July, which will be a source of demand for US Treasury bonds.

ChainCatcher news, according to Cointelegraph, JPMorgan analysts have begun to pay attention to Circle (CRCL) stock, giving it a downgrade rating and setting a target price of $80 for December 2026.Analyst Kenneth Worthington pointed out that the forecast target represents a 55% decline from the current CRCL stock price of $180, based on an expected price-to-earnings (P/E) ratio of 45 times the estimated earnings per share (EPS) for 2027, plus a $10 potential upside premium. Given Circle's first-mover advantage and numerous use cases, it holds a favorable position in the emerging stablecoin market, but its current market capitalization is already too high. If the target price for December 2026 is $80, this implies a market capitalization of approximately $21 billion.

ChainCatcher news, according to The Block, analysts from research and brokerage firm Bernstein have initiated coverage on stablecoin issuer Circle, giving it an "outperform" rating with a target price set at $230."Circle is building a market-leading digital dollar stablecoin network, with regulatory advantages, a first-mover position in liquidity, and top-tier channel partnerships," the team led by analyst Gautam Chhugani noted in a client report on Monday. "We believe CRCL is a must-have asset for investors looking to position themselves in the internet-level financial infrastructure of the next decade."Analysts expect stablecoins to upgrade from the payment rails of the crypto market to the payment infrastructure of the entire internet, with total supply projected to grow 16 times from the current $244 billion to $4 trillion over the next decade. This growth will stem from "transformative developments" in crypto and tokenized capital markets, payment systems, and stablecoin-native financial services.Chhugani emphasized that with the recent passage of the GENIUS Act by the U.S. Senate, USDC will become the largest regulated stablecoin under this legislation, and this "regulatory first-mover advantage" will make it the preferred partner for internet platforms (not limited to trading platforms). Its $61.4 billion liquidity reserve is difficult for newcomers lacking crypto channels to replicate, as most competitors are trapped by the "cold start" problem.However, Bernstein predicts that Circle will only capture a 30% share of this $4 trillion potential market—an increase of just 5 percentage points from the current 25% market share. Currently, Tether (USDT) maintains a dominant position with a supply of $158.5 billion, accounting for 65% of the market. As a foreign issuer, Tether may need to establish a U.S. subsidiary to comply with new regulatory requirements.Chhugani pointed out that Circle's stock price currently corresponds to 56 times the adjusted EBITDA for 2026 and 28 times for 2027, reflecting strong investor demand for pure stablecoin assets. Bernstein has assigned a valuation of $230 using a ten-year discounted cash flow model, corresponding to about 35 times the adjusted EBITDA for 2027. The firm expects the company's revenue to grow at a compound annual growth rate of 47% from 2024 to 2027, with EBITDA growing by 71%, and the adoption of USDC will offset revenue pressures caused by interest rate factors—suggesting to seize buying opportunities during market pullbacks.

ChainCatcher news, according to Catenaa, American fintech giant Fiserv has announced plans to collaborate with PayPal and Circle to launch a dollar-backed stablecoin FIUSD. The stablecoin is expected to be launched by the end of this year, initially operating on the Solana blockchain and integrated with Fiserv's Finxact core banking platform. FIUSD aims to facilitate payment settlements, remittances, and invoice reconciliation using tokenized dollars.Fiserv emphasizes that FIUSD will operate in compatibility with other stablecoins, potentially attracting more partners and promoting broader adoption. The company is also exploring deposit tokens that allow banks to offer digital payment solutions while retaining regulatory protections and traditional capital advantages.

ChainCatcher message, according to official data, as of June 26, in the past 7 days, Circle issued approximately 3.4 billion USDC, redeemed about 3.1 billion USDC, and the circulation increased by approximately 400 million. The total circulation of USDC is 61.6 billion, with reserves of about 61.9 billion USD, of which cash is about 8.6 billion USD, and the Circle Reserve Fund holds approximately 53.3 billion USD.

ChainCatcher news, according to CoinDesk, South Korean retail investors are fervently buying Circle, with a net purchase of $450 million this month, making it the most favored overseas stock among the Korean public.Circle currently has a price-to-earnings ratio of 187, far exceeding that of traditional fintech companies. As the new president Lee Jae-myung accelerates the legalization of the Korean won stablecoin, the stock price of local fintech giant KakaoPay has surged by 160%. Meanwhile, the South Korean National Assembly is reviewing the "Digital Asset Framework Bill," which aims to allow licensed institutions like KakaoPay to issue Korean won stablecoins.