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Indiana Jones And The Great Circle: The Order Of Giants DLC Review
Game Reviews

Indiana Jones And The Great Circle: The Order Of Giants DLC Review

by admin September 8, 2025



At around four to five hours in length, calling The Order of Giants bite-sized doesn’t make a whole lot of sense. Within the context of the rest of Indiana Jones and The Great Circle, however, that’s precisely what this DLC feels like.

The base game is at its best when you’re dropped into an extensive playground and left to your own devices, whether it’s a maze of undulating rivers in Sukhothai or a stretch of desert surrounding the pyramids of Giza. Donning Indy’s signature hat and exploring these dense locations is a treat, with each level meticulously detailed and focused on player agency, all while weaving the signature elements of an Indiana Jones adventure into each locale.

Maybe it was naive of me to expect a similar setup in the game’s first expansion, but it’s still a tad disappointing that The Order of Giants presents a more streamlined experience instead. The quality is still there; it’s just missing a few key ingredients.

If you’ve played The Great Circle before, you’ll want to head back to Vatican City to add this new batch of fieldwork to Indy’s journal. From here, you’ll meet Father Ricci, a young priest–with a loquacious pet parrot–who’s desperate to track down a lost Roman artifact once owned by Pope Paul IV. This is more than enough information to pique Indy’s curiosity, propelling you on an adventure just beyond the walls of the Vatican as you head into the ancient city of Rome itself. Or, more specifically, descend beneath the Eternal City’s streets, where you’ll rummage through the cramped confines of dusty Roman tombs, catacombs, and the Cloaca Maxima sewer system, solving various puzzles, uncovering hidden mysteries, sneaking past cultists, and punching Mussolini’s fascist Blackshirts in the face.

As the DLC’s title suggests, The Order of Giants delves deeper into the lore behind the Nephilim Order: a monastic society of giants formed by the descendants of fallen angels. As compelling as this backstory is–and despite the giants’ vital role in the events of The Great Circle–the Nephilim are still shrouded in mystery by the time the base game’s final credits roll. The Order of Giants doesn’t necessarily lift the lid on their past, but it does offer another fascinating peek into their cryptic role in history, dating back to Nero’s reign as emperor of Rome and the 11th-century Crusades.

I enjoyed unravelling the story through notes, puzzles, and Indy’s own observations, particularly the way it’s grounded in real history despite the fantastical nature of the Nephilim. The writing is sharp, and Indy’s quips are on point, with Troy Baker delivering another fantastic performance as the iconic archeologist. I do, however, get the feeling the narrative would’ve fit more snugly if I hadn’t already finished The Great Circle. As an extra addendum, it feels distinctly like a side quest with little to no impact on the main story. This is a tricky conundrum to solve with any story-driven DLC, and I don’t think there’s a perfect way to do it. Just know that those playing The Great Circle for the first time will probably appreciate it more as a natural detour within the greater narrative than those returning after reaching the game’s conclusion.

It also makes sense as an extension of the Vatican map, as you’ll spend most of your time traversing similar underground areas to those found beneath the holy city. The Order of Giants is fairly linear in this regard, yet each location is designed with plenty of hidden pathways and secrets to uncover, ensuring that those willing to explore every nook and cranny will be satisfied. It’s replete with a number of delightful puzzles to solve, too, challenging your thought process while being wonderfully tactile at the same time, from referencing an ancient story to figure out which way to rotate various platforms, to guiding a ball down a track by constantly placing and removing different pieces to alter its direction. These room-scale puzzles are some of the best in the entire game, and the DLC’s pacing guarantees that no one aspect overstays its welcome.

When you’re not solving Roman conundrums, The Order of Giants offers a decent mix of platforming and combat to keep things feeling fresh. Both are relatively unchanged, whether you’re swinging over a chasm with Indy’s signature whip or throwing a thunderous haymaker to put a fascist in the ground. There is one section where you get your hands on some TNT, but you’ll be using your fists and makeshift melee weapons to blunt force most enemy encounters. Clobbering fascists remains particularly entertaining, but the smaller scale of the environments isn’t conducive to the kind of freeform stealth present in the base game, so it loses some of that Indiana Jones-style improvisation. For as atmospheric as each location is, The Order of Giants also lacks the same spectacle as the base game, with the absence of set pieces reinforcing how pared down it is in comparison.

What it may lack in scope, The Order of Giants makes up for with some of the best and most inventive puzzles in the game. It’s disappointing that we didn’t get another expansive environment to explore, but this is still an engaging mini-adventure that’s rich in lore and quintessentially Indy. Those playing The Great Circle for the first time might appreciate the detour a lot more, but putting on that wide-brimmed fedora again still feels great (if only I could get John Williams’ theme music out of my head).



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September 8, 2025 0 comments
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Indiana Jones and the Great Circle update adds new difficulty, improved hair and more
Game Updates

Indiana Jones and the Great Circle update adds new difficulty, improved hair and more

by admin September 5, 2025


While Silksong may be dominating the headlines, yesterday also saw the release of Indiana Jones and the Great Circle’s DLC, known as The Order of Giants. The developer has released an update for the base game across platforms which along with enabling compatibility for the DLC, also adds a new action experience difficulty, among other bits and pieces.

This action experience difficulty is called “very light”, and is designed for “players who prefer to be challenged by the exploration and puzzle solving” rather than combat.


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Another new feature is support for RTX Hair on 50-series Nvidia RTX GPUs, which enables ray-tracing on a characters’ barnet and makes it look more realistic.

Then we have a number of fixes and improvements across the board. For example, the Great Circle team has fixed an issue where Indy’s whip may not animate correctly later in the game if you had died during the Dart Trap in Peru.

You can find full details on the latest Indiana Jones and the Great Circle update below:

New Features

  • This update enables compatibility with The Order of Giants DLC, available for purchase separately now
  • We’ve added a new “Very Light” action experience difficulty for players who prefer to be challenged by the exploration and puzzle solving, and prefer not to find the combat too challenging
  • This update adds support for RTX Hair on 50-series Nvidia RTX GPUs. This is a high-end rendering feature to enable ray-tracing on character’s hair for a more realistic appearance. We recommend enabling this feature only on higher-end GPUs with 16GB of VRAM or more. You can find the option for “Ray Traced Hair” in the “Advanced Video Settings” menu.
  • New Radio MCs have been added to the Jazz and Opera radio stations found on radio sets in Marshall College and the Vatican. You can also now tune the Vatican radio sets to hear news broadcasts that cover the events from the around the game’s world.
  • We’ve added information to the Quick Inventory to let you know which of your outfits and disguises are safe or restricted in the current area you find yourself in

Bug Fixes and Game Updates (please note that these can provide minor spoilers for the game)

General

  • Fixed an issue where fast-travel signposts may become unusable if a player died while the combat timer was cooling down. Restarting a checkpoint will make the signposts usable again now.
  • Fixed issue where markers for the Open Season and Sleight of Hand adventure books may not appear if the player had already purchased the Vatican Books map before installing Update 4 of the game
  • Fixed an issue where, if you have the Punch Out 2 ability, the controls could get locked if you died in the middle of doing a stealth takedown on an enemy
  • Fixed an issue where mantling/vaulting at the same time as you’re placing an object down might cause the object to disappear or cause controls to get stuck
  • Fixed an issue where Indy’s whip may not animate correctly later in the game if you had died during the Dart Trap in Peru, or during the last stage of the final fight with Voss
  • Fixed a slight animation snap that occurred if tapping the button to raise your candle
  • Indy’s hand now animates when collecting coins from a coin purse

Missions & Quests

The Vatican

  • Fixed an issue where you could block yourself in the Necropolis by throwing the Antique Bust (needed to open a gate) into an unreachable location
  • Fixed an issue where the “Secret of Giants” inscription number counter may not be correct if revisiting the Vatican using a savegame made using Update 3

Gizeh

  • Fixed an issue where the player may be blocked from entering Nawal’s tent if they had died while in combat nearby to the tent
  • Fixed an issue where Gina may not follow you through to the last scorpion room in the Sanctuary of the Guardians mission if you run through the level quickly
  • Fixed an issue where revisiting Gizeh might result in the player appearing in the “buried in sand” scorpion fight once more, but not able to complete it
  • Indy will now give a voice clue about needing to burn objects if trying to pass through the first Stelae tomb before having purchased the Lighter
  • Fixed a crash that might occur in rare circumstances while escaping from the Nazi Compound with Gina
  • Fixed an issue where you may not be able to talk to Professor Savage at the Gizeh Village market in certain circumstances
  • Fixed an issue where the game might crash in rare circumstances if revisiting Gizeh with a savegame that was made while playing the Update 3 version of the game

Nepal

  • Improved Gina’s enter and exit into and from wall-presses, so she doesn’t appear to be making unnatural sidesteps

Sukhothai

  • Fixed an issue where Indy’s whip might detach itself from a branch in the spiral staircase leading down to the “leech room” in the Blessed Pearl mission
  • Fixed camera shaking issue if player tried to dive in shallow water during the first visit to the Sukhothai village at night

Iraq

  • Fixed an issue where the clouds during the end credits appeared in very low detail if you were not using the Higher Resolution Texture Pack (which is not installed on Xbox Series S unless the player chooses to)

UI

  • Fixed an issue where the “continue” button might appear visually corrupted if pausing during a level load
  • Fixed the description of the “Performance Metrics” menu option

Accessibility

  • The in-game Manual text now adjusts to match the player’s choice of enabling/disabling control toggles

Audio

  • Fixed an issue where the sound of plane propellers might be heard persistently in other levels after revisiting Shanghai
  • Gina’s voice lines when using the boat radio in Sukhothai are now radio-processed correctly

PC

  • Fixed an issue where switching between Native TAA and other upscalers (DLSS, XeSS or FSR) might cause a crash on some systems
  • Fixed an issue where Frame Generation might disable when skipping cutscenes or restarting checkpoints
  • Fixed an issue where the glass on Clerical Doors appeared incorrectly when using DLSS Ray Reconstruction
  • Fixed an issue where water caustic reflection effects may not appear on walls when DLSS Ray Reconstruction is used
  • Fixed an issue where applying some ray tracing options while in the Shanghai level may have caused a crash in certain situations
  • Fixed an issue where, if you linked your Steam version saves to your Xbox account, you could temporarily corrupt your saves on one of your devices if quitting a play session before any progress was made in that session

Xbox

  • Fixed an issue where subtitles might briefly flicker between camera cuts in cutscenes

Steam Deck

  • Fixed issue where there may be a black screen for a long while generating shader pipelines during the first launch

Localisation

  • Additional one-liners from Indy when finishing combat are now available in non-English languages too
  • Fixed an issue where controller input was reversed in the Arabic localisation on the “Apply Video Settings” confirmation menu
  • When playing in the Russian language, based on community feedback, the keyboard bindings now always use Latin alphabet characters rather than Cyrillic

Now, if you will excuse me, I am going to play some of the Order of Giants on my lunch break.

Image credit: Bethesda

This is a news-in-brief story. This is part of our vision to bring you all the big news as part of a daily live report.



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September 5, 2025 0 comments
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Strategy’s Preferred Shares Form a Bullish Circle Around BTC
Crypto Trends

Strategy’s Preferred Shares Form a Bullish Circle Around BTC

by admin August 30, 2025



Disclaimer: The analyst who wrote this piece owns shares of MicroStrategy (MSTR).

Microstrategy, now known as Strategy (MSTR), has reshaped U.S. capital markets in 2025 by issuing a series of preferred stock under tickers STRK, STRF, STRD and STRC.

Collectively, these offerings raised about $5.6 billion year-to-date, making up for 12% of all U.S. IPO issuance (preferred or common) , according to Strategy. That scale alone underscores both investor appetite and the company’s role as the most visible corporate proxy for bitcoin BTC$108,549.02.

Performance across the preferreds has varied. STRF leads with a lifetime return of 31%, followed by STRK at 19% and STRC at 8%, while STRD has lagged with a negative 6% return. Still, the circle of financing vehicles has given Strategy a diversified base to fund its treasury. As of August, the company holds 632,457 BTC, cementing its position as the world’s largest corporate holder of the asset.

The firm’s enterprise value relative to bitcoin NAV stands at 1.60, with NAV calculated by dividing enterprise value, including preferreds and convertible debt, by the company’s bitcoin holdings but has declined over the past month as the stock has fallen over 25% from its July high.

So far in 2025, MSTR shares are up 13% year-to-date, compared to an 18% gain in bitcoin. That gap highlights both the company’s leverage to BTC and the market’s pricing of its debt and preferred stock obligations.

Alongside Strategy’s bold circle of offerings, other U.S. IPOs have also shone in 2025, making up the remaining $42 billion, including Bullish (BLSH) and Circle (CRCL), reinforcing a year defined by renewed risk appetite and crypto-linked capital market innovation.



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August 30, 2025 0 comments
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Indiana Jones and the Great Circle DLC will adjust difficulty levels depending on your progress in the base game
Game Reviews

Indiana Jones and the Great Circle DLC will adjust difficulty levels depending on your progress in the base game

by admin August 30, 2025


Indiana Jones and the Great Circle’s DLC The Order of Giants will be arriving next week, and as previously announced, will branch off from the Great Circle’s Rome location, which those who have played the game know is pretty early on in the grand scheme of things.

So, does this mean that those of us who have made it further than Rome, and thus managed to tuck a few more tricks and such up Indy’s sleeve, will have an easy time of it? Well, no, actually. You see, the developers have been rather clever with the DLC’s implementation, and the Order of Giants will scale the difficulty depending on how far through the base game you are.


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“Players who are at the end of the game don’t need to worry about the difficulty [being too easy] as actually we have a new system in place where players are dynamically scaled based on how far they progressed,” creative director Axel Torvenius and lead game designer Zeke Virant explained in an interview with IGN. “We know a lot of players are coming back from the endgame and would like to have a continuation of that difficulty, especially if they have health upgrades and a lot of abilities.”

What will happen, then, is if players have made it to the Vatican and Rome, but haven’t progressed any further into the game, they will enter the DLC on the “first tier of difficulty”. Then, if they have made it as far as Giza, the difficulty level will get bumped up to the second tier, while if they have gotten as far as Sukhothai the difficulty level will notch up to the third tier.

“From there we [can tune] the different amount of combos enemies can use, different amounts of health and also how many will gang up on you at the same time,” the developers explained.

Clever!

Image credit: Bethesda

Indiana Jones and the Great Circle’s Order of Giants DLC will feature “stunning new locations, intricate puzzles, terrifying new foes and more”, with the developer adding Indy will have to do what he can to “outwit a dangerous cult” while uncovering “the dark legacy of the Nephilim giants”.

The Order of Giants is arriving on 4th September, across Xbox Series X/S, PS5 and PC.

This is a news-in-brief story. This is part of our vision to bring you all the big news as part of a daily live report.



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August 30, 2025 0 comments
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Tether'S Usdt Revenue Hits $148.99M This Week, Beats Circle Usdc
GameFi Guides

Tether’s USDT Revenue Hits $148.99M This Week, Beats Circle USDC

by admin August 28, 2025



Tether’s stablecoin USDT is currently dominating the crypto market, USDT, which has made $148.98 million in the past week, according to DefiLlama. 

This figure outpaces its competitors, with Circle earning $49.25 million, Hyperliquid $31.18  million, Tron $13.96  million, and Pump.fun $12  million, which makes Tether the leader in the US-dollar-backed stablecoin.

Tether has an approximate of 100 employees, but its output is remarkable. To put it in perspective, JPMorgan Chase made a profit of $8.5 billion employing more than 317,000 people, which highlights the high profitability of a small scale in the case of Tether.

Its growth aspirations are supported by the fact that the firm has reserves of $162.57 billion. Tether is going global and particularly in Asia where the adoption of digital assets is increasing. 

Despite the good performance, the company continues to be under regulatory scrutiny and combats fraud, most recently collaborating with blockchain companies to freeze up to $23 million in illegal USDT.

The increase in revenue is due to increased crypto trading and new stablecoin issues, which also increase the overall market activity. Meanwhile, rivals like Circle USDC face hurdles, further strengthening Tether’s lead in the stablecoin market.

Investors closely monitor Tether as it innovates, carefully balancing growth with regulatory requirements in a fast-moving market. Its robust performance underscores the growing importance of stablecoins like USDT in both crypto trading and global finance.

Also Read: Tether Reports $4.9B Q2 Profit, Holds $127B in Treasuries, $20B USDT



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August 28, 2025 0 comments
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JD.com’s global stablecoin push aims to shave days off cross-border payments
GameFi Guides

Circle, Paxos pilot system to fight counterfeit stablecoins

by admin August 28, 2025



Circle and Paxos have launched a pilot system to verify stablecoin issuers and block counterfeit tokens, aligning with new U.S. regulatory standards.

Summary

  • Circle and Paxos pilot a cryptographic system to verify stablecoin issuers.
  • The initiative aligns with the U.S. GENIUS Act for federal oversight of stablecoins.
  • It aims to prevent counterfeit tokens, boost trust, and drive stablecoin adoption.

According to an Aug. 27 report by Bloomberg, Circle Internet Financial and Paxos Trust Company have begun a pilot program for a new “know-your-issuer” system. By verifying the legitimacy of stablecoins at the time of issuance and transaction, the initiative aims to address long-standing concerns about counterfeit tokens.

How the system works

The verification tool, which was developed in partnership with the fintech startup Bluprynt, embeds cryptographic proof-of-issuer credentials directly into stablecoin transactions. Thus, it would be possible to track down the verified issuers of USD Coin (USDC), PYUSD, and USDP tokens issued during the pilot in real time.

The system removes the need for third-party audits and stops “copycat” tokens, which mimic genuine stablecoins but lack the necessary reserves or regulatory clearance.

Early testing showed that the system could seamlessly integrate across multiple blockchains, giving regulators and issuers a clear picture of the origins of tokens. The main objective of the pilot was to reduce the risks related to fraudulent stablecoins, a growing issue brought to light by companies such as Chainalysis.

Broader impact and regulatory context

The pilot closely aligns with the recently passed GENIUS Act, which sets federal standards for dollar-backed stablecoins. Lawmakers anticipate this framework will speed up adoption and potentially push stablecoin usage into the trillions, given the market’s current valuation of roughly $273 billion.

Circle and Paxos are both setting up shop to function under a single federal regulator. On Aug. 11, for example, Paxos reapplied for a national trust bank charter to grow beyond its license from the New York Department of Financial Services.

The KYI model may also apply to other GENIUS Act-compliant tokens that rely on tokenized U.S. Treasuries, like Ethena’s USDtb and Frax Finance’s frxUSD. The tool enhances investor trust and DeFi integrations while also assisting regulators by embedding provenance at the protocol level.



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August 28, 2025 0 comments
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Helene Braun
NFT Gaming

Circle (CRCL) Tapped by Finastra to Bring USDC Settlement to $5T Global Payments

by admin August 27, 2025



Finastra, a London-based financial tech provider to some of the world’s largest banks, said Wednesday it will connect its payments hub to Circle’s (CRCL) USDC stablecoin, giving banks an option to settle cross-border transfers with the token.

The integration will begin with Finastra’s Global PAYplus (GPP), which processes more than $5 trillion in daily cross-border payment flows, the firms said in the press release.

The move underlines how stablecoins, a group of cryptocurrencies with prices anchored predominantly to fiat currencies like the U.S. dollar, are increasingly being tested by major financial institutions as alternatives to traditional settlement channels. Payments giants Stripe and PayPal already have their own stablecoin infrastructure in place, while several major banks, large retailers reportedly explore having their own tokens.

Stablecoins allow around-the-clock, near-instant settlements at lower costs using blockchain rails, proponents say. Coinbase projected the stablecoin market to grow to $1.2 trillion by 2028 from the current $270 billion, driven by regulatory clarity in the U.S. and accelerating corporate adoption. USDC is the second largest stablecoin on the market, boasting a $69 billion supply.

By enabling settlement in USDC while keeping instructions in fiat currencies, Circle and Finastra said banks can reduce their reliance on correspondent networks, which are often criticized for high fees and slow processing times.

Integrating Circle’s stablecoin rails into Finastra’s plumbing aims to give “banks the tools they need to innovate in cross-border payments without having to build a standalone payment processing infrastructure,” said Chris Walters, CEO of Finastra.

“Together, we’re enabling financial institutions to test and launch innovative payment models that combine blockchain technology with the scale and trust of the existing banking system,” Circle CEO Jeremy Allaire said.

Circle went public earlier this year, with its stock skyrocketing as investors sought exposure to the booming stablecoin market. The firm is also developing its own blockchain dubbed Arc designed for payments.

Read more: Stablecoin Payments Projected to Top $1T Annually by 2030, Market Maker Keyrock Says



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August 27, 2025 0 comments
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Google Doubles Down on AI: Veo 3, Imagen 4 and Gemini Diffusion Push Creative Boundaries
GameFi Guides

Google Reveals Layer-1 ‘Universal Ledger’ Plans as Circle, Stripe Prep Rival Chains

by admin August 27, 2025



In brief

  • Rich Widmann, Google Cloud’s head of Web3 strategy, confirmed that the Universal Ledger is a layer-1 blockchain.
  • The system uses Python for smart contracts, diverging from industry standards like Solidity and Rust.
  • Analysts question Google’s neutrality as it competes with Stripe and Circle for institutional blockchain infrastructure.

Over five months after Google Cloud announced a partnership with CME Group, Rich Widmann, the tech giant’s head of Web3 strategy, confirmed Tuesday that the company’s Universal Ledger is indeed a layer-1 blockchain.

“All this talk of layer-1 blockchains has brought Google’s own layer-1 into focus,” Widmann wrote on LinkedIn. “If you’re building a layer-1, it has to be differentiated.”

Widmann’s statement follows CME Group’s March 25 announcement that it has completed the first phase of integration and testing for the project. At the time, details were sparse on whether it was public or private, as well as if it was a layer-1 chain.

A layer-1 or L1 blockchain is a foundational network that runs independently, handling transactions and security directly. Unlike layer-2 or L2 chains, it doesn’t rely on another chain for validation or settlement, though those can extend and improve a chain’s efficiency.



Decrypt reached out separately to Widmann and Google, but did not receive an immediate response.

Why Python?

Dubbed the Google Cloud Universal Ledger (GCUL), Widmann described it as a base layer enabling Python-based smart contracts, setting a programmable, distributed ledger for wholesale payments and asset tokenization.

The choice of programming language sets Google’s L1 apart from those typically used and accepted as standard in the crypto industry, such as Solidity for Ethereum-compatible chains and Rust for chains like Solana, Aptos, and Sui.

Choosing Python is “pragmatic” because it “lowers the barrier for enterprises and fintech developers who already use it for data, finance, and machine learning,” Christine Erispe, a developer advocate at Ethereum Philippines, told Decrypt.

With Python, the upcoming L1 could “accelerate experimentation,” but may also “silo developers” unless Google makes efforts to provide “strong tooling, auditing, and interoperability bridges,” Erispe said.

That move is “a contrarian bet,” because “instead of being EVM-compatible, it leans on Google’s scale, financial institution reach, and a differentiated programming model,” she added.

Credibly neutral?

Unlike other upcoming layer-1 chains such as Stripe’s Tempo or Circle’s Arc, Google’s network is positioned as open infrastructure, with Widmann describing it as a “performant, credibly neutral” chain that “any financial institution” can build on.

While Stripe and Circle are “building chains that fit directly into their existing businesses,” Google is “playing a different game: scale and neutrality,” Aharon Miller, co-founder and COO of crypto payments gateway Oobit, told Decrypt.

As a centralized tech giant, Google “already runs half of the internet’s infrastructure, but the real test is whether institutions believe they’ll stay neutral in the long term,” Miller said.

However, Dr. Sean Yang, chief technology officer at OORT—a data cloud for decentralized AI—argued that Google’s neutrality claim may be “more marketing than reality.”

Google has “massive conflicts of interest across payments, cloud services, and advertising,” Yang told Decrypt.

Asked about the differences between the three L1s underway, Yang said Google is “going broad” while “Circle is going deep,” and “Stripe is targeting developers and payment companies.”

While not in direct competition, the three are “carving out different segments of institutional blockchain infrastructure,” Yang said.

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August 27, 2025 0 comments
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Mastercard expands stablecoin push with Circle partnership
Crypto Trends

Mastercard expands stablecoin push with Circle partnership

by admin August 27, 2025



Mastercard and Circle partnered to enable stablecoin settlements for merchants across Europe, the Middle East, and Africa.

Summary

  • Mastercard and Circle will enable settlement across the EEMEA region
  • USDC and EURC settlements happen instantly, with lower fees

Credit card giant Mastercard is deepening its involvement in stablecoins. On Tuesday, August 26, Mastercard and Circle partnered to enable USDC and EURC settlement for acquirers across Eastern Europe, the Middle East, and Africa.

“This is a key move for Mastercard. Our strategic goal is to integrate stablecoins into the financial mainstream by investing in the infrastructure, governance, and partnerships to support this exciting payment evolution from fiat to tokenized and programmable money,” Dimitrios Dosis, president, Eastern Europe, Middle East, and Africa, Mastercard.

The move means that Mastercard acquirers across the EEMEA region will be able to settle payments in Circle’s stablecoins. These companies, also called acquiring banks, connect merchants to the Mastercard payments network, collecting payments from customers and settling the funds with the merchants.

“Our expanded partnership with Mastercard will enable wider reach, global access, and scaled impact, so that USDC can become as ubiquitous as traditional payments. Together with Mastercard, we are advancing the role of stablecoins as a foundational tool for everyday financial activity worldwide,” Kash Razzaghi, Chief Business Officer at Circle.

Unlike traditional payments, stablecoin settlements can move instantly, with lower fees. Stablecoin payments can also be automatically programmed for specific purposes.

Mastercard backs stablecoin post-GENIUS Act

Following the passage of the U.S. GENIUS Act, credit card giant Mastercard has announced its intention to get more involved in the stablecoin business. Notably, the company hopes to leverage its reputation and existing connections to play a key role in the emerging ecosystem of stablecoin payments.

On July 17, the company praised stablecoins for their role in cross-border payments and remittances as a fast and low-cost alternative to traditional banking.



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August 27, 2025 0 comments
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Chart from Rich Widmann comparing Stripe, Circle, and Google Cloud blockchains
NFT Gaming

How It Compares to L1s From Stripe and Circle

by admin August 27, 2025



Google Cloud is moving forward with plans to launch its own layer-1 (L1) blockchain, positioning the network as neutral infrastructure for global finance at a time when fintech competitors are developing out their own distributed ledgers.

In a LinkedIn post published Tuesday, Rich Widmann, Google’s head of Web3 strategy, provided fresh details on the project, known as the Google Cloud Universal Ledger (GCUL). He described the platform as a credibly neutral, high-performance blockchain designed for institutions, supporting Python-based smart contracts to make it more accessible to developers and financial engineers.

“Any financial institution can build with GCUL,” Widmann said, arguing that while companies like Tether may be unlikely to adopt Circle’s blockchain and payment firms like Adyen may hesitate to use Stripe’s, Google’s neutral infrastructure removes those barriers.

He also expanded on a comparative chart by fintech strategist Chuk Okpalugo, highlighting how GCUL differs from Stripe’s Tempo and Circle’s Arc, two other high-profile L1 efforts.

A table contrasting Stripe, Circle, and Google Cloud blockchains from Rich Widmann’s LinkedIn post

In setting out Google’s case for the Universal Ledger, Widmann drew contrasts with other high-profile entrants.

Stripe’s project, Tempo, is rooted in its payments empire, effectively extending the company’s existing merchant rails into a vertically coffntrolled chain. Circle’s Arc, by contrast, places its stablecoin at the center of the system, treating USDC as the protocol’s native fuel and promising lightning-fast settlement with built-in currency exchange.

Google’s approach is different still: the Universal Ledger is designed as a shared infrastructure layer, intended to be credibly neutral and accessible to any institution rather than bound to a single payments ecosystem.

Timelines also set the projects apart. Circle has already begun piloting Arc, while Stripe is targeting a launch next year. Google and CME, meanwhile, have completed an initial integration of GCUL, with broader testing to follow later this year and full services expected in 2026.

The distribution story reinforces those distinctions. Stripe can lean on more than a trillion dollars in annual merchant payment flows. Circle can count on USDC’s global footprint and liquidity integrations. Google brings the reach of its cloud platform, along with the promise of scaling a ledger that can support billions of users and hundreds of institutions.

Features further differentiate the chains. Arc’s focus is speed and seamless foreign exchange, Tempo’s is merchant integration, and GCUL’s is programmability through Python-based smart contracts and institutional-grade tokenization.

The result, Widmann argued, is divergent positioning. Stripe’s and Circle’s ledgers may serve their own ecosystems well but risk deterring competitors, while Google is pitching GCUL as neutral ground — a ledger that anyone, from exchanges to payment providers, can use without fear of strengthening a rival.

The institutional-first positioning is not new.

In March, Google Cloud and CME Group jointly announced GCUL, unveiling it as a programmable distributed ledger tailored for wholesale payments and asset tokenization.

CME Group said it had already completed the first phase of integration and testing, describing the technology as a potential breakthrough for collateral, settlement, and fee payments in markets that are increasingly moving toward 24/7 trading.

“As the President and new Administration have encouraged Congress to create landmark legislation for common-sense market structure, we are pleased to partner with Google Cloud to enable innovative solutions for low-cost, digital transfer of value,” CME Chairman and CEO Terry Duffy said at the time. He suggested GCUL could deliver meaningful efficiencies across core market functions, including margin and collateral management.

According to the March announcement, CME and Google plan to begin direct testing with market participants later this year, with an eye to launching services in 2026. Widmann’s Aug. 26 remarks add new detail to that roadmap, reinforcing GCUL’s role as infrastructure designed to be broadly adopted across the financial sector rather than controlled by a single payments company.

By positioning GCUL against Stripe’s Tempo and Circle’s Arc, Google is signaling that competition among major technology firms to define the next generation of financial settlement rails is accelerating.

Technical details on GCUL’s architecture remain limited, though Widmann said more would be released in the coming months. For now, Google is presenting the Universal Ledger as a foundation for global-scale payments, institutional tokenization and around-the-clock capital markets infrastructure.

Read More: Why Circle and Stripe (And Many Others) Are Launching Their Own Blockchains



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