French banking giant Crédit Agricole rolls out euro stablecoin, EURXT
EURXT debuted with 20 million tokens in circulation, backed 1:1 by euro reserves at Caceis Bank, and competes with Circle's EURC and SocGen's EURCV.…
Why OpenUSD's 'real threat' that tanked Circle stock still faces a steep uphill battle for adoption
The Stripe and Coinbasebacked stablecoin consortium can challenge Circle's business model, but analysts say building a network is harder than assembling…
Circle slides 8% as Stripe, Coinbase and BlackRock back rival stablecoin network
Open Standard's Open USD aims to let partners keep reserve income and eliminate minting fees, challenging Circle's USDC. Source：CoinDesk
Cathie Wood’s ARK adds $43.5M in crypto stocks amid market dip
ARK Invest's biggest crypto stock purchases over the past three trading days were Coinbase and Circle, whose shares have fallen 17% and 27.6%, respectively,…
BNY adds USDC minting and redemption to institutional custody platform
The move deepens BNY's partnership with Circle and builds on the bank's role as the primary custodian of USDC reserves. Source：Cointelegraph
Wall Street's BNY expands stablecoin services for institutions, starting with Circle's USDC
The world's largest custody bank is adding USDC custody and minting services as stablecoins move deeper into traditional finance. Source：CoinDesk
Coinbase, Circle underperform Big Tech as crypto stock slump deepens
Coinbase and Circle have posted steeper losses than Oracle, Netflix and Salesforce, highlighting the widening gap between crypto equities and the broader…
Circle and Nomura join forces to target a $440 billion daily foreign exchange market in Japan
The stablecoin giant and the Japanese financial corporation plan to deploy crossborder foreign exchange settlements as early as next year. Source：CoinDesk
Circle, Nomura eye Japan corporate FX with stablecoin settlement: Report
Circle and Nomura are reportedly partnering to enable stablecoinbased foreign exchange settlement for Japanese companies as the country's regulated…