Bernstein backs Circle with $190 target as ARC presale reaches $222 million

The Graph has activated x402 payments inside its Graph Gateway, allowing developers and AI agents to purchase on-chain data queries on a pay-per-request basis using USDC, according to an announcement from the project’s official X account. The team said that “Graph Gateway…

Bermuda is moving government payments onto Stellar, piloting USDC‑based rails with Circle and Coinbase as it chases a fully on‑chain national economy and cheaper cross‑border flows. The government of Bermuda is moving elements of its public payment infrastructure onto the…

The post Huma Finance exploit Polygon: $101,000 loss from V1 pools appeared on BitcoinEthereumNews.com. A Huma Finance exploit Polygon incident has put a familiar DeFi problem back in the spotlight: old contracts can stay dangerous long after a protocol has moved on. Huma Finance said roughly $101,000 was drained from its deprecated V1 BaseCreditPool contracts on Polygon on May 11, but user deposits were not affected. The attacker pulled out 82,316 USDC and 19,075 USDC.e through unauthorized drawdowns, according to the protocol’s disclosure. Just as important for users, Huma said the losses were limited to pool owner fees and protocol fees, not customer funds. That distinction matters. In crypto, the words “exploit” and “drained” can quickly trigger fears of wider contagion. Here, Huma drew a sharp line between the older Polygon-based system that was hit and the parts of the project still running normally, including PayFi Strategy Token (PST) and Huma’s V2 deployment on Solana. Huma Fi

The post Circle’s Q1 USDC revenue, profit dip; ARC presale wins appeared on BitcoinEthereumNews.com. Homepage > News > Business > Circle’s Q1 USDC revenue, profit fall but ARC token presale a winner USDC stablecoin-issuer Circle (NASDAQ: CRCL) saw its Q1 profits slip but got a major boost from a nine-figure presale of its brand new Layer-1 network token.  Figures released Monday show Circle’s total ‘revenue and reserve’ income hitting $694 million in the first three months of 2026, one-fifth higher than the same period last year. However, it’s down from the $770 million reported in Q4 2025 and from $740 million in last year’s Q3. Circle’s revenue primarily comes from interest on the reserve assets backing USDC (mostly U.S. Treasuries), and while USDC’s market cap grew 28% year-on-year during Q1, the average 3.5% return on those T-bills was down by 66 basis points. Reserve income still managed to rise 17% to $653 million, while ‘other’ revenue from subscription & services and transactio

Bernstein has maintained its Outperform rating on Circle Internet Group with a $190 price target after the company’s $222 million ARC token presale and continued USDC growth helped offset pressure from falling reserve income. According to a Tuesday client note…

The post Circle Introduces Agent Stack To Enable USDC Payments For AI Agents appeared on BitcoinEthereumNews.com. Circle Introduces Agent Stack To Enable USDC Payments For AI Agents Skip to content Home Crypto News Circle Introduces Agent Stack to Enable USDC Payments for AI Agents Source: https://bitcoinworld.co.in/circle-agent-stack-usdc-ai-agent-wallets/

Circle shares surged as analysts pointed to expanding stablecoin use cases and forecast significant upside as USDC adoption continues to gain traction.

Aster's fee-free swap promotion may intensify competition, pushing stablecoin conversion fees toward zero, benefiting active traders. The post Aster offers fee-free swaps between USDC and USDT for 30 days appeared first on Crypto Briefing.