We have entered into an agreement to bring the @interop_labs team – initial developers of @axelar, a leading interoperability stack – into Circle to accelerate the next chapter of multichain infrastructure with @Arc and CCTP, and we are excited to welcome new team members to the Circle family as soon as the deal closes.  The Axelar Network, Foundation and AXL token are not part of this acquisition and will continue to operate independently under community governance, with @CommonPrefix leading network development. More here:

“This milestone deepens Circle’s commitment to the highest standards of trust and compliance.” - @jerallaire Circle has received conditional approval from the OCC to establish First National Digital Currency Bank, N.A., a key step toward GENIUS Act compliance and further strengthening the USDC reserve infrastructure.