Circle shifts $68 million in internal payments via its own stablecoin to bypass legacy banks

Circle has begun using its own stablecoin infrastructure to move money between internal entities, settling $68 million in transfers using USDC, CEO Jeremy Allaire said Saturday. The transactions were executed through Circle Mint, the company’s platform for minting and redeeming USDC. The firm’s treasury team used the system to carry out intercompany transfer pricing —…

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Government to hire 1,000 professionals to help exporters | India News

NEW DELHI: Government is planning to hire 1,000 young professionals to engage with businesses and exporters across the country to push greater utilisation of benefits under FTAs and help India diversify its product basket and export markets.While recently implemented agreements such as those with Australia and UAE have seen high utilisation of preferences, those with…

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Kalshi, approved by the Commodity Futures Trading Commission, was last valued at $11 billion, while Polymarket was valued at $9 billion.

Prediction market platforms Kalshi and Polymarket are discussing potential fundraising rounds that could value each company at about $20 billion. If completed at that level, the deals would roughly double their valuations from late 2025. The discussions remain early and may not lead to finalized investments, according to the Wall Street Journal. Prediction markets allow…

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