Top Results284 results
Aavegotchi Respecs Their Users and Merit Circle Gets Secretive
Merit Circle has voted to invest $3m and $5m in two secretive projects, codenamed Project Firebrand and...Project Firebrand has a valuation of $80m and is allocating 1.25% of its token to Merit Circle as an...Project Roadslide has a valuation of $40m and is allocating 2% of its token to Merit Circle as an advisor...
8 Min
DAO
Sep 2022
Circles: A Social Currency Built on Trust
Circles is a protocol to create a decentralized social currency, without intermediaries....Every user issues their own personal currency $CRC (Circles Credit) and uses it to trade within a trusted...How to get started – Create an account using Metri (your Circles wallet, no seed needed, just a passkey...
4 Min
DeFi
Jun 2025
Is RAI the Decentralized Stablecoin the Market Needs?
Treasury and Circle freezing USDC in addresses belonging to Tornado Cash users has been the talk of the...Treasury and Circle freezing USDC in addresses belonging to Tornado […]...
11 Min
null
Aug 2022
Summer Doldrums Not So Dull - Macro & Markets June 2025
The Circle IPO was massively oversubscribed, suggesting strong investor interest in Circle and its potential...Under the IPO terms, lead underwriters priced the deal at $32/share, with Circle raising ~$1.1B at a...Upon trading on the Nasdaq, Circle’s price surged and eventually closed at over $83/share on its first...
14 Min
Macro & Markets
Jul 2025
USDT Depegs, ATEM Car Club, & ETH Earnings
The Day: USDT Depegs Briefly USDT and USDC are the top two collateralized stablecoins by Tether and Circle...The Day: USDT Depegs Briefly USDT and USDC are the top two collateralized stablecoins by Tether and Circle...
8 Min
Stablecoins
May 2022
The Evolution of Digital Asset Secondary Markets - 2025
Recently, a shift back toward pure equity has emerged post-Circle’s IPO....The Path to Public Markets & The Circle Catalyst Circle’s June 5, 2025 NASDAQ IPO, the first major...Circle’s IPO was eventually priced at $31 (or about $6.8 B valuation)....Source: SecondLane Sellers who exited via secondary markets in the months before Circle’s IPO missed...
14 Min
Financial Market Themes
Aug 2025
The Circle IPO: Caveat Emptor?
The Circle story is really easy to grasp....Circle seems to have done a good job of keeping OpEx fairly flat while revenue grew....For context, in 2024, total revenue earned by Circle was about $1.67 bn....As of today, Circle has about $60B in reserves against USDC issued, of which $53B is in Circle’s Reserve...
4 Min
Stablecoins
Apr 2025
Solana NFT Volume Market Share Increases As Mints Surge
Circle announces native USDC support on 5 more blockchains, and unveils a tool to facilitate cross-chain...🚨 In Case You Missed It Circle announces native USDC support on Arbitrum, Cosmos, NEAR, Optimism...Circle also unveiled a tool to facilitate cross-chain transfers.
4 Min
NFTs
Sep 2022
Gearbox Gears Up to Raise, and Gnosis Moves on Maker
Around the DAOverse  Circle of Tokens proposes ending liquid SOV emissions for Sovryn....In an unsurprising move, Merit Circle (MIP-16) has voted to fund the development of an NFT marketplace...Unlike other marketplaces, Merit Circle’s marketplace will focus on gaming assets....Around the DAOverse  Circle of Tokens proposes ending liquid SOV emissions for Sovryn.
6 Min
DAO
Jun 2022
Risk Analysis on Centralized Stablecoins
Consequently, with Circle holding $3.3B at SVB, USDC depegged to a low of $0.87 but later repegged to...Circle and Coinbase, the founders of Center Consortium, are responsible for the development and maintenance...Circle boasts large institutional investors such as BlackRock ($10T AUM), Fidelity ($4.5T AUM), and Goldman...
12 Min
Stablecoins
Apr 2023
Gaming Guilds Update
Merit Circle Merit Circle’s total AUM has held up valiantly over time, especially given the drawn out...In this case, Merit Circle’s biggest winner is Big Time land....strategy of Merit Circle investments....future vision for the Merit Circle DAO....Merit Circle’s Game NFT MarketplaceSphere is Merit Circle’s game asset-specific NFT marketplace.
19 Min
Guilds
Oct 2022
Zetachain Part 1: A Competitive Landscape of Blockchain Bridges
We expect Circle’s CCTP to dominate stablecoin bridging as Circle, as the sole issuer of USDC, can burn...While bridge protocols can integrate CCTP, users can bridge for free directly through Circle....Other Considerations (Circle CCTP, UniswapX, Intent Protocols) Circle CCTP As mentioned a few times,...So how does this tie in with Circle’s CCTP above?
51 Min
Layer 1 / L1
Jan 2024
The Rise of Ethena: Unpacking The Emerging Synthetic Dollar
Presently, Tether and Circle maintain a stranglehold over the stablecoin market with a combined 90% market...explore how Ethena is taking a fundamentally different approach to breaking the back of the Tether/Circle...How Ethena Differs So while the existing models have attempted to dethrone the Tether/Circle duopoly...
40 Min
DeFi
Apr 2024
Reflecting on EthCC
Some of these, while purely infra-focused, open up new capabilities for applications, like Circle’s CCTP...The dApp burns native USDC on the source chain, which is attested to by Circle’s attestation service....They can exit as soon as Circle provides an attestation for the USDC burn event, which happens within...
34 Min
Infrastructure
Aug 2023
Art Blocks Summer, GameStop NFTs, & The Stablecoin Landscape
Only 1 of the USDCs on either Ethereum Classic or Ethereum would be redeemable at par by Circle....Whichever Circle chooses to support is therefore critical as most protocols and developers will follow...Notable Tweets Circle Begins Its Monthly Breakdown Of USDC 1/ As part of our commitment to increasing...
6 Min
Social Media
Jul 2022
DAUs of Solana DEXs, Gm.studio Collections, Future of Crypto Gaming
To start, let’s explore the concept of magic circles, first pioneered by Johan Huizinga way back in his...The term magic circle refers to the imaginary boundary between the real world and the game....A game’s magic circle can offer them this haven....Within a magic circle, seemingly mundane actions can take on extraordinary forms due to the remarkable...
6 Min
NFT Marketplace
Jul 2022
The Future of (Crypto) Gaming
Let’s explore the concept of magic circles, first pioneered by Johan Huizinga way back in his 1938 book...The term magic circle refers to the imaginary boundary between the real world and the game....A game’s magic circle can offer them this haven....Within a magic circle, seemingly mundane actions can take on extraordinary forms due to the remarkable...
37 Min
Gaming
Jul 2022
The Lido 'Monopoly' and The ICS721 Standard
Merit Circle announces a recent partnership with Cantina Royale....Merit Circle has voted to start a process that could see the DAO cancel YGG’s and Gabby Dizon’s MC token...The proposer also views YGG is a significant competitor to Merit Circle....a response citing the value they added to the protocol and arguing that their agreement with Merit Circle...
7 Min
DAO
May 2022
USDC De-Pegs & Bitcoin Rallies
Circle, the issuer of the second-largest stablecoin USDC, held $3.3B of reserves at Silicon Valley Bank...Just before the FDIC took over, Circle had requested funds to be wired out to other banks....Subsequently, a majority of the bank’s clients like Coinbase, Circle, Paxos, Crypto.com, Bitstamp, Cboe...
8 Min
Cash-Backed (Custodian) Stablecoins
Mar 2023
Optimism Overtakes Arbitrum, Complete Guide to Rollups
Circle froze $75,000 of USDC linked to addresses sanctioned by the US Office of Foreign Assets Control...FTX and Circle confirmed they will only support the Proof-of-Stake version of Ethereum after the final...
4 Min
null
Aug 2022