Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Cryptocurrency»Circle IPO: Stablecoin Is a Powerful Trade War Weapon
    Cryptocurrency

    Circle IPO: Stablecoin Is a Powerful Trade War Weapon

    June 11, 20251 Min Read


    Are trade wars good for tech after all? Circle Internet Group Inc., a major issuer of digital currencies designed to replicate the US dollar, has tripled in value since going public and is worth $23.6 billion (or 150 times last year’s earnings). Call it Zuckerberg’s revenge: Six years after Meta Platforms Inc. sparked a global backlash with its own plans for a digital dollar, the $250 billion stablecoin market is booming and has the backing of Donald Trump, Congress and investors.

    Europeans are watching the froth with concern. Even as the Louvre Museum this week hosted a crypto conference full of buzz at the prospect of more traditional financial institutions like Goldman Sachs Group Inc. or Societe Generale SA dipping their toe in this market, officials fear virtual currencies are a serious financial threat for the continent and an extension of Trump’s ambitions of bringing global trade to heel. And they may be right to worry.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    What’s the best Crypto to buy in August? This new Cryptocurrency could deliver 5x ROI bypassing ETH 2x

    Cryptocurrency

    Which Cryptocurrency Is More Likely to Be a Millionaire Maker? Dogecoin vs. Solana

    Cryptocurrency

    Is a Cryptocurrency Market Crash on the Horizon?

    Cryptocurrency

    Pakistan at risk of FATF grey list return over digital transactions, warns Pak Finance Minister Aurangzeb – World News

    Cryptocurrency

    FinMin raises alarm over unregulated digital deals

    Cryptocurrency

    MEDIROM launches cryptocurrency strategy with next-generation proof of human technology, World

    Cryptocurrency
    Leave A Reply Cancel Reply

    Top Picks
    Property

    Future of Frelinghuysen Twp. property soon-to-be weed farm gets fuzzy

    Commodities

    The Hidden Impact of Flooding on Agriculture and Soil Health — Global Issues

    Investments

    IFC, CARICOM partner to drive green investments in English-speaking Caribbean

    Editors Picks

    Davis Commodities Explores Tokenized Commodity Yields to Scale $1 Billion Digital Trade Infrastructure

    August 20, 2025

    Digital Currency Group Sues Subsidiaries Over $1.1B Promissory Note

    August 15, 2025

    Gold (XAU) Silver (XAG) Daily Forecast: U.S. Tariffs and Market Volatility Impact Precious Metals

    March 3, 2025

    Munich Re ‘optimistic’ for mid-year renewals, US property cat still attractive: CFO Jurecka

    May 12, 2025
    What's Hot

    Arizona Republicans bask in unity and energy as Donald Trump accepts nomination

    July 19, 2024

    Trump lawyers can subpoena communications between Engoron and NYC real estate lawyer – NBC New York

    July 12, 2024

    A Macroeconomic Model of Central Bank Digital Currency

    June 26, 2025
    Our Picks

    How Munir Ja’afaru got huge payout from fintech deal

    August 10, 2024

    3 easy ways to invest in gold this November

    October 28, 2024

    Argentina’s Milei under scrutiny over cryptocurrency post in suspected rug pull scam

    February 15, 2025
    Weekly Top

    Gujarat emerges as India’s copper hub, amid soaring demand from sunrise sectors – Industry News

    August 24, 2025

    Four quick and easy DIY tricks to boost your property value by nearly £30k

    August 24, 2025

    BRAC EPL Investments partners with Paramount Solar to boost renewable energy expansion

    August 24, 2025
    Editor's Pick

    Gold extends record rally on dollar weakness, rate-cut bets

    August 20, 2024

    The Energy Costs of Cryptocurrency

    March 18, 2025

    UK court refuses to say financier acted in ‘good faith’ in Vatican deal but says he wasn’t dishonest

    February 21, 2025
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.