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Cryptocurrencies

Wall Street’s Darling Stablecoin Raises $222M to Starve Ethereum

May 11, 2026 by Woozad
Wall Street’s Darling Stablecoin Raises 2M to Starve Ethereum

Increased centralization around stablecoin issuers and other fintech companies has defined much of the crypto market in recent years. And Circle now has furthered this trend by securing a $222 million raise for its blockchain infrastructure project, Bow. The funding comes from a pre-sale of the ARC token with a fully diluted value of $3 … Read more

Categories Cryptocurrencies

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