With these reserves, users expect to be able to exchange their stablecoins for dollars or other backing assets at any time.

Shares of Circle Internet Group turned higher as Wall Street applauded the stablecoin issuer’s move to try to establish a national digital-currency trust bank.

Circle (CRCL), the stablecoin issuer, has formally applied with the Office of the Comptroller of the Currency (OCC) to get a national trust bank charter, it said in a press announcement late ...

The popular parade returned after rain postponement, featuring vibrant costumes and puppets created by community groups and artists.

The versatile entertainer said the idea for “Mele,” which means song in Hawaiian, came to him after wanting to develop a show at Maui Ocean Center’s Sphere Theater.

Shares of Circle Internet Group (NYSE: CRCL) soared today, finishing the day up 33.9%. The spike came as the S&P 500(SNPINDEX: ^GSPC) and Nasdaq Composite(NASDAQINDEX: ^IXIC) were relatively flat.

Circle Internet (CRCL) stock climbed 22% to $162.88 at 11:16 AM ET in Monday trading, bringing the stock's recent value to more than five times its IPO price of $31. The move up came after its CEO ...

Circle stock soared as much as 18% on Monday, building on gains from the prior week amid investor enthusiasm for stablecoins.