Circle’s USDC is leaving Tether behind in the stablecoin volume race, new data from Visa shows
As Wall Street banks adopt digital currencies for faster settlements, overall trading volume spiked 63% in just a single month. Source:CoinDesk
Standard Chartered, Circle bring USDC minting onto banking rails
Standard Chartered and Circle launch bankled USDC minting and redemption for institutions, starting in Dubai’s DIFC with planned global expansion.…
Jefferies warns against buying the dip in Circle as Open USD raises new competition fears
The investment bank said new competition from the Stripe and Coinbasebacked stablecoin consortium could pressure USDC's growth. Source:CoinDesk
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.…
Circle CEO touts USDC's network advantage as OUSD emerges
Bernstein said OUSD could become the strongest new challenger to the CircleTether duopoly, while flagging unresolved questions around governance, operations…
Financial companies join forces for US dollar stablecoin, keeping reserve earnings
The project, supported by Visa, Mastercard and many crypto companies, could be in a position to challenge Tether’s USDT and Circle’s USDC, currently the two…
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…