Circle's IPO filing shows that in March 2025, Circle signed a new Memorandum of Understanding (New MOU) with BlackRock, agreeing that BlackRock will be the preferred partner for its stablecoin reserves and promising not to issue competitive USD payment stablecoins. Both parties agree that Circle will entrust at least 90% of its USD custody reserves (excluding bank deposits) to BlackRock for management, and BlackRock will not develop or release its own stablecoin. The agreement is valid for four years.
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BlackRock and Circle’s cooperation agreement revealed: No stablecoins can be issued on their own in the next four years
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Securitize appoints former PayPal executive as general counsel in preparation for SPAC listing.
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Circle partners with Aleo to launch bank-grade privacy stablecoin USDCx
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White House: Trump will deliver a positive economic speech in Pennsylvania today.
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Standard Chartered Bank lowers its 2025 Bitcoin price forecast to $100,000.
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Ethereum Foundation-affiliated address deposits 5748 ETH into Kraken
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Trump called interest rate cuts a litmus test for the Federal Reserve Chairman.
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The US spot Bitcoin ETF saw a net outflow of $60.51 million yesterday.
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BitMine increased its holdings by approximately 138,400 ETH last week, bringing its total holdings to over 3.86 million ETH.
as of 8 PM Eastern Time on December 7, BitMine's cryptocurrency holdings include: 3,864,951 ETH (an increase of 138,452 ETH compared to last week), valued at approximately $13.2 billion at current prices; 193 BTC, $36 million shares of EightcoHoldings (Nasdaq code: ORBS), and $1 billion in unsecured cash.
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