USDC onchain transfers surged 49% to $13.9 trillion in Q3, with average circulation rising 8% to $73.3 billion. Circle's Arc blockchain, launched mid-September, allows payment firms to settle fees and transfers in USDC, improving liquidity management by enabling reuse of incoming funds. Circle also reported $865 million in Q3 revenue, including $658 million reserve income, down 8% year-on-year due to lower returns. The company plans to acquire cross-border payments firm Tazapay by 2027, expanding payout reach to over 100 markets, pending regulatory approval. These developments highlight growing stablecoin demand and evolving payment infrastructure.
The story on USDC's payment use and demand is offered here with Pluang's market context for major cryptocurrencies as of Nov 05, 2026 19:22 WIB: 37 out of 50 major cryptocurrencies rose today. Ethereum Classic (ETC) led with a 4.17% increase and a dominant 91% buy order activity, contrasting with Chainlink (LINK) and Cardano (ADA), which gained 3.70% and 3.57% respectively but had lower buy order activity at 74% and 65%. Typical hold times vary widely, with ADA held for 128 days compared to ETC's 68 days and LINK's 64 days.
Global tech giants like Amazon, Google, and Microsoft are committing hundreds of billions of dollars to expand AI-focused data center accelerators, driven by surging demand from generative AI workloads that exceed traditional CPU capabilities. These ...
Berkshire Hathaway's stock portfolio is now worth about three times what the company originally paid for it. These gains alone represent roughly 19% of Berkshire Hathaway's total company value, highlighting the significant growth and value generated ...
C3is Inc. will implement a one-for-five reverse stock split effective November 9, 2026, reducing its outstanding shares from about 4.2 million to 0.84 million. This move aims to increase the stock price to meet Nasdaq's minimum bid price requirement ...
Firmly secured $15 million in a Series A funding round led by Squarepoint Capital, with participation from J.P. Morgan Payments, Mastercard, and Samsung NEXT. The company provides a no-code platform that connects merchants to AI-driven shopping chann...
On November 4, 2026, Shell plc repurchased a total of 1,876,276 shares across multiple trading venues including LSE, Chi-X, BATS, XAMS, CBOE, and TQEX. The shares were bought at prices ranging from £37.98 to £38.82 and €45.70 to €46.72, with an avera...
