ChainCatcher news indicates that according to the IPO S-1 filing submitted by stablecoin issuer Circle to the U.S. Securities and Exchange Commission (SEC), Binance has become the first approved participant under the stablecoin ecosystem protocol in November 2024. Under the cooperation agreement, Binance is required to promote USDC on its platform and hold a certain amount of USDC in its financial reserves.Circle pays Binance a one-time upfront fee of $60.25 million and agrees to pay monthly incentive fees based on the USDC balance held by Binance. The incentive fees are only paid when Binance holds at least 1.5 billion USDC, while Binance commits to holding 3 billion USDC (with exceptions in specific circumstances).The cooperation is divided into two parts: marketing promotion and financial reserves, both of which are for a two-year term. If Binance terminates the marketing promotion agreement early, it is still required to fulfill one year of reduced rate payments and promotional obligations. Both parties may terminate the agreement early under specific circumstances.

ChainCatcher news, according to The Block, in the IPO prospectus submitted on Tuesday, Circle stated that it acquired the remaining 50% stake in Centre Consortium, previously held by Coinbase, for $210 million in 2023. The Centre Consortium is the joint venture responsible for issuing the USDC stablecoin, and Coinbase and Circle were partners in this joint venture.Circle wrote in the "Significant Transactions" section of the IPO prospectus: "In August 2023, at the same time we signed the cooperation agreement, we acquired the remaining 50% stake in Centre Consortium LLC from Coinbase." Now, Circle has become the sole issuer of USDC and disclosed detailed financial statements in the IPO prospectus.

ChainCatcher news, according to market news, stablecoin issuer Circle has submitted an S-1 filing to the U.S. Securities and Exchange Commission (SEC), officially starting the initial public offering (IPO) process. The company plans to list on the New York Stock Exchange under the ticker symbol CRCL.

ChainCatcher news, according to Fortune, stablecoin USDC issuer Circle has hired JPMorgan and Citibank to assist with its initial public offering (IPO), which is expected to publicly file for listing by the end of April.This will be the largest cryptocurrency-related IPO since Coinbase.

ChainCatcher news, according to CoinDesk, crypto debit card company Baanx is providing non-custodial debit cards for the Web 3 wallet MetaMask and the DeFi platform 1inch. It builds a rewards wallet using Circle's programmable wallet infrastructure, offering fee discounts for cryptocurrency holders. The rewards wallet will use Circle's USDC as the primary reserve token and will be used for its incentive program.

ChainCatcher news, according to on-chain data, Circle has issued an additional 250 million USDC on the Solana chain.

ChainCatcher news, according to on-chain data, Circle has issued an additional 250 million USDC on the Solana chain.

ChainCatcher news, according to official sources, Circle has announced the launch of USDCKit, a developer-friendly SDK for PSP integration and automation of USDC payments, supporting large-scale operations.USDCKit is designed specifically for Circle Wallets, enabling cross-border payments and simplifying fund operations through stablecoins.

ChainCatcher news, according to CoinDesk, the parent company of the New York Stock Exchange, Intercontinental Exchange (ICE), plans to explore the use of Circle's USDC stablecoin and USYC tokenized money market fund to develop new products. The two companies will investigate how to integrate Circle's USDC stablecoin and USYC tokenized money market fund into derivatives exchanges, clearinghouses, and other services.USYC is a money market fund token issued by Hashnote, which was acquired by Circle earlier this year.

ChainCatcher news, Circle officially announced on social media that the native USDC is now live on the Ethereum Layer 2 Linea network.

ChainCatcher message, according to MistTrack monitoring, Circle has frozen 2,997,000 USDC from the address starting with 0xbe1.In addition, this address also holds 200.98 ETH and 929,923 USDT, and interacts with multiple Coinbase and Crypto.com addresses.

ChainCatcher news, the latest data from Coingecko shows that the market capitalization of the stablecoin USDC issued by Circle has surpassed 60 billion USD, setting a new historical high.

ChainCatcher news, according to on-chain data, Circle has issued an additional 250 million USDC on the Solana network.

ChainCatcher news, according to official news, stablecoin issuer Circle announced that USDC will be listed on March 26 on the cryptocurrency exchange SBI VC Trade, which is under SBI Holdings in Japan.In addition, Binance Japan, bitbank, and bitFlyer also plan to list USDC in the near future.

ChainCatcher news, according to DefiLlama data, PancakeSwap's revenue in the past 24 hours reached $3.45 million, ranking third in the crypto revenue leaderboard, while Tether and Circle ranked first and second with 24-hour revenues of $18.37 million and $6.25 million, respectively.In contrast, Uniswap's revenue in the past 24 hours was only $122,928, while the Ethereum mainnet's revenue during the same period was $381,599.

ChainCatcher news, Circle co-founder Jeremy Allaire announced on the X platform that the Philippine digital currency app GCash has announced that its mobile wallet supports the US dollar stablecoin USDC, allowing users to receive, buy, hold, or trade USDC.It is reported that GCash is currently preparing for an IPO, aiming to raise between $1 billion and $1.5 billion. In addition to payments, the app is also building its suite of financial products.

ChainCatcher news, according to official data, as of March 20, in the past 7 days, Circle issued approximately 3.6 billion USDC, redeemed about 2.6 billion USDC, and the circulation increased by approximately 1 billion. The total circulation of USDC is 59.2 billion, with reserves of about 59.5 billion USD, of which cash is about 7.2 billion USD, and the Circle Reserve Fund holds approximately 52.3 billion USD.