Samsung Wallet Enables USDC Purchases via Stripe for US Users
Samsung Wallet now lets eligible U.S. users buy USDC through Samsung Pay, credit/debit cards or ACH, powered by Stripe’s crypto on‑ramp, with New York excluded.
COINMAG stories about Circle, newest first, with key facts and answers to common questions.
Samsung Wallet now lets eligible U.S. users buy USDC through Samsung Pay, credit/debit cards or ACH, powered by Stripe’s crypto on‑ramp, with New York excluded.
Circle CEO Jeremy Allaire announced new Agentic Managed Payments, a revamped agent marketplace and simpler tools for funding agents.
Jeremy Allaire, CEO of Circle, said USDC captured 79% of stablecoin volume and saw record minting in Q3, while Arc mainnet launched and CPN volume surged.
Circle posted a 17% rise in Q3 revenue to $865 million, saw net income grow 5% to $226 million, and announced a 5% workforce reduction costing $9.1 million.
Block, Circle and Riot Platforms will release third‑quarter earnings this week, offering insight into Bitcoin payments, stablecoin reserves and mining profitability as crypto prices fluctuate.
Circle CEO Jeremy Allaire welcomed Walmart's OnePay integration of USDC, calling it a key step for stablecoin adoption in global retail apps.
Jeremy Allaire said Circle has frozen more than $800 million of USDC linked to a potential Binance exploit and is working with law enforcement.
CZ said user funds are safe and expects full coverage despite a hack affecting Binance, Tether and Circle assets.
Circle will lower burn limits for its legacy CCTP V1 on Oct. 31 and pause the contracts on Dec. 1, forcing developers to migrate to the new CCTP V2 system.
Circle seeks SEC clarification to count compliant stablecoins as cash for capital and reserve rules, while testing USDC settlement on ACI’s payments platform in Colombia.
On Oct. 29, on‑chain analysis showed more than $5.5 billion moved from Binance‑linked wallets, prompting Tether and Circle to freeze roughly $1.8 billion of stablecoins.