circle

According to market news, the United States Secret Service stated that investigators are collaborating with private sector partners, including Circle, to identify, freeze, track, and recover funds stolen from Binance.

Circle will reduce the limit of the old version of the USDC cross-chain protocol CCTP V1 starting from October 31 and plans to suspend the contract on December 1. In addition, the Noble chain will not connect to the new version of CCTP.Circle plans to suspend its USDC contract and remaining cross-chain routes on January 12, 2027. Holders on Noble need to withdraw USDC before this date. Circle will take a snapshot of the remaining balance on the day of suspension and will start manual redemptions from January 13. Applicants must meet compliance and security requirements, and the assets must be in a self-custody wallet.

Circle announced that it will gradually phase out the old cross-chain transfer protocol CCTP V1 and will begin reducing the cross-chain destruction limit for the old USDC starting October 31. This process will last for one month, during which transfer performance will gradually decline until the V1 contract is completely suspended on December 1. At that time, any integrations still pointing to V1 will no longer be able to transfer USDC across chains.This migration aims to encourage developers to transition to CCTP V2. CCTP V2 offers standard transfer and fast transfer modes and introduces programmable hooks functionality, allowing automated actions to be triggered once USDC reaches the target chain. Currently, CCTP V2 supports 27 blockchains, and Circle states that new integrations should be built directly on V2.Regarding fund security, Circle emphasizes that pending redemption requests will still be available during the phase-out period. The company will maintain a minting limit above the total amount of pending proofs to ensure that all pending redemptions can be processed before the V1 contract is completely suspended. This transition plan aims to achieve a transparent, predictable, and minimally disruptive migration.

According to official news, regarding the recent security incidents involving Bybit, Bitget, and Binance, OKX founder and CEO Star stated that security should not be a field of commercial competition, but rather a shared responsibility of the entire cryptocurrency industry. Over the past decade, major exchanges have made significant progress in private key protection, but there are still potential risks in access control and wallet management systems. He emphasized that no system is absolutely secure, and any major security breach at an exchange could undermine the trust of the entire industry.Star called on major exchanges in the cryptocurrency industry to strengthen cooperation and jointly establish stricter industry security standards and coordinated response mechanisms, including increasing verification and security delays for large withdrawals to unknown addresses and smart contract authorization transactions, as well as implementing key security restrictions at the cryptographic signature layer. At the same time, the industry should establish real-time security incident reporting, joint monitoring of suspicious funds, and rapid response mechanisms, and promote collaborative research in areas such as post-quantum cryptography and AI security threat defense. He emphasized that no single company can safeguard the future of the cryptocurrency industry alone.

The cryptocurrency investment firm 1kx released a report stating that publicly listed companies contributed 16% of the blockchain industry's revenue in 2026, more than doubling from 7% in 2022. The report compiled data from over 2,600 protocols and the financial reports of 104 publicly listed companies, with data up to the third quarter; revenue remains concentrated among a few enterprises, with the top six publicly listed companies accounting for about 50% to 60% of that group's revenue.1kx expects the total revenue of the blockchain industry to decline by 28% year-on-year in 2026 to approximately $100 billion, but the share of publicly listed companies continues to expand. Circle's listing in 2025 brought new trading listings, combined with revenue growth from existing companies, driving the share increase; the blockchain-related revenue of the top ten publicly listed companies in the study has doubled over the past three years. In the first half of 2026, Coinbase and Circle together generated approximately $3.3 billion in blockchain-related revenue, publicly listed Bitcoin mining companies around $2 billion, and traditional financial institutions such as JPMorgan, BlackRock, CME Group, Visa, and Robinhood collectively about $1.1 billion.The report also pointed out that revenue from broader economic activities in the third quarter surpassed blockchain infrastructure revenue for the first time, at approximately $5.3 billion and $5.1 billion, respectively. Categories such as tokenized assets, payments, and prediction markets grew by 58% year-on-year in the first half of 2026, with institutional adoption accounting for a total of 33% of the blockchain's total revenue in the third quarter, and an expected annual share of 30%. Data from RWA.xyz shows that the scale of tokenized real-world assets grew by about 51% over the past year, rising from $26.16 billion in October 2025 to $39.54 billion; tokenized stocks grew 471% during the same period to $3.77 billion.

Circle submitted comments to the U.S. Securities and Exchange Commission regarding its proposed regulatory framework for cryptocurrency assets. Circle supports the proposal's goal of fostering innovation under clear rules while maintaining the advantages of U.S. capital markets, including transparency, investor protection, market integrity, liquidity, and efficiency.Circle also suggested that the cryptocurrency asset regulatory framework should align with the GENIUS Act. Given that payment stablecoins are increasingly becoming important considerations and settlement assets for on-chain capital formation, Circle requests that the U.S. Securities and Exchange Commission (SEC) clarify how payment stablecoins that comply with the provisions of the GENIUS Act can be used for these purposes.The letter further requests that the Commission clarify that eligible payment stablecoins constitute "cash" under proposed Rule 302(b), should receive appropriate U.S. dollar valuation treatment, and comply with the corresponding accounting and customer reserve treatment conditions.Circle also recommends that, provided objective safeguards are in place, the current 2% broker discount for payment stablecoins that comply with GENIUS be reduced to zero. Finally, Circle requests that the SEC clarify that technical services provided after the network goes live (including maintaining a known set of validating nodes) do not constitute necessary management work. Establishing safe harbor rules for the technical roadmap would allow issuers to continue maintaining and improving the operational network without inadvertently restarting the related analysis.

According to BBX data, the global capital markets disclosed the latest developments in digital asset treasury allocations and equity investments in crypto companies yesterday. The core information is as follows:Asset management giant Vanguard's ETF has made its first purchase of Metaplanet stock: The small-cap ETF (VSS) under the global leading asset management company Vanguard has shown in its latest disclosed holdings that it has made its first purchase of a total of 4.5 million shares of the Japanese Bitcoin treasury listed company Metaplanet (TSE: 3350), with a total holding value of approximately 7.5 million USD. This development indicates that traditional broad-based index funds are passively increasing their risk exposure to digital assets by holding stocks of companies with Bitcoin reserve strategies.Ark Invest spent approximately 5.23 million USD to increase its holdings in Circle stock: Led by Cathie Wood, Ark Invest continued to increase its investment in fiat-compliant digital infrastructure in the secondary market yesterday, adding 65,615 shares of the stablecoin USDC issuer Circle. Based on the valuation during the trading period, this increase cost approximately 5.23 million USD.DeFi Development increased its holdings by 5,346 SOL, total holdings approaching 2.6 million: Solana treasury company DeFi Development disclosed its latest balance sheet changes, revealing that the company has recently increased its holdings by 5,346 SOL in the open market. After this increase, its total holdings of SOL have steadily grown to approximately 2.595 million, continuously consolidating its treasury size and node layout within the Solana ecosystem.

According to The Block, Cathie Wood's Ark Invest purchased 35,403 shares of Circle stock through the ARKW ETF on Tuesday, worth approximately 2.9 million dollars. Circle's stock price rose 2.18% that day, closing at 81.58 dollars.

Whale Alert posted on the X platform that at 02:35 Beijing time, USDC Treasury minted 250 million USDC on the Solana network, worth approximately 250 million USD.Solscan data shows that the minting transaction was received by a Circle address and has been confirmed.

According to the Ark Invest Tracker, ARK Invest, led by Cathie Wood, conducted multiple trades on October 26.On the buying side, ARKQ and ARKX collectively purchased approximately 1,161,600 shares of Archer Aviation (ACHR), about 434,000 shares of Joby Aviation (JOBY), around 63,600 shares of Kratos Defense (KTOS), and approximately 59,200 shares of AeroVironment (AVAV). In addition, ARKW bought 65,615 shares of Circle (CRCL), and ARKQ purchased 182,508 shares of Kodiak AI (KDK).

According to Gate market data, the decline of U.S. stock cryptocurrency concept stocks has widened during the trading session. MSTR fell by 5.23%, ASST (Strive) fell by 4.04%, CRCL fell by 7.20%, COIN fell by 2.80%, BMNR fell by 2.72%, SBET fell by 3.93%, and HOOD fell by 0.95%.

According to Token Terminal data, the market capitalization of Securitize's tokenized stock SECZ has fallen from a high of $430.4 million on September 28 to $208.6 million, shrinking by more than half in less than a month. During the same period, the market capitalization of the token tracking Circle's stock increased by about 20%, reaching $383.6 million, reclaiming the top position in the $3.3 billion tokenized stock market.The decline of the SECZ token coincided with the sell-off of its underlying stock on the New York Stock Exchange. On October 8, after Securitize launched its stock trading platform on Solana, the stock price briefly rose, but the gains were subsequently erased; Citigroup downgraded SECZ's rating from "Buy" to "Neutral" on October 13, citing concerns over revenue from the tokenized business. Last Friday, SECZ stock closed down 2.1% at $7.80 per share, corresponding to a market capitalization of $1.27 billion.Securitize is a platform that helps asset management institutions, including BlackRock, issue securities on the blockchain. The company went public on the New York Stock Exchange on July 2 and tokenized its common stock, becoming the largest tokenized stock at that time. Although Circle's related tokens have a leading total market capitalization, spread across multiple issuers, SECZ remains the single largest tokenized stock; among them, the CRCLb issued by Binance on the BNB Chain leads with a scale of $154.1 million.

According to Whale Alert monitoring, Circle minted 250 million USDC on the Solana network at 01:44 (UTC+8), worth approximately 250 million USD.Solscan data shows that the minting transaction has been successfully confirmed.

According to a report by Politico, Joel Greenberg, a shareholder of Circle Internet Group and a former software engineer at the company, filed a lawsuit in a U.S. federal court on Thursday, accusing U.S. President Donald Trump and his family of benefiting from two transactions involving the United Arab Emirates through the cryptocurrency company World Liberty Financial (WLFI), allegedly violating the U.S. Constitution's Foreign Emoluments Clause. This clause restricts the president from accepting money or other benefits from foreign governments without congressional approval.The lawsuit states that the first transaction occurred before Trump's second term began, in which he sold 49% of WLFI for $500 million, with the related funds reportedly coming from the UAE. After Trump took office, he reportedly earned millions from this transaction. The second transaction involved an investment fund established by the UAE government purchasing $2 billion worth of digital currency from the Trump family. The plaintiff alleges that this transaction inflated the value of the cryptocurrency assets held by Trump and generated millions in interest income for him, while significantly expanding the circulation of his stablecoin.

According to Onchain Lens monitoring, Circle minted 1.5 billion USDC on Solana in the past 24 hours through 6 transactions of 250 million dollars each.Since 2026, Circle has minted 110.51 billion USDC on Solana.

Circle CEO Jeremy Allaire stated in an interview that he is not particularly focused on the short-term price performance of Bitcoin, but is more optimistic about the digital dollar used for payments and the AI agent economy. Allaire mentioned that the digital dollar can be used for payments, transactions, lending, and investment, and that AI agents will participate in more economic activities in the future, potentially further driving the demand for digital dollars and related blockchain infrastructure, although he did not provide specific data on the growth of this demand.On the regulatory front, the Office of the Comptroller of the Currency in the United States is formulating rules related to the GENIUS Act. The proposal requires stablecoin issuers to hold reserve assets not less than the total amount of circulating stablecoins and to redeem at face value within two business days, while prohibiting issuers from paying interest to holders. Allaire believes that the bill has bipartisan support and can provide policy protection for the stablecoin industry, but broader legislative progress on the structure of the cryptocurrency market in the United States has not yet been made.

Arc launched the ecological portal Arc Portal (portal.arc.io), where users can complete asset exchanges, transfers, and yield operations, as well as browse applications developed based on Arc. Arc Portal also supports enabling AI agents, with the limits and permissions set by the users themselves.