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Thanks to rising crypto popularity, Circle Internet Group and its USDC stablecoin have been well-received. Speculators ...
US bank groups asked Congress to close a GENIUS Act gap that lets affiliates offer yield on stablecoins. They warn of $6.6T deposit outflows. Here is what it means for USDC, banks, and Bitcoin.
Circle also unveiled plans for Arc, a proprietary blockchain set to launch testing this fall, aimed at integrating stablecoin payments and capital markets functions. The company projects USDC supply ...
Despite Circle's revenue beat in Q2, my previous bull thesis seems to be broken. Shrinking profitability, a huge EPS miss, ...
Stablecoins are seen as a lower-risk entry point into crypto because their value is tied to another asset, usually the US ...
For the quarter, average circulation of USDC was up 86% over the year ago period, but the company's reserve return rate of ...
Circle announced a 10 million share secondary offering, causing a 6% after-hours price drop to $154, though shares remain 450 ...
An ETH whale faces a looming $26 million loss on a high-leverage short position as Ethereum nears $5,000 amid dangers of leveraged trading.
US banks have warned that a gap in the GENIUS Act could allow stablecoin issuers to skirt restrictions on paying yield to ...
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Cryptopolitan on MSNCoinbase brings back the stablecoin bootstrap fund to expand USDC liquidity
Coinbase has been leveraging its balance sheet to supercharge the growing DeFi ecosystem. This new fund follows its first ...
Coinbase has relaunched its Stablecoin Bootstrap Fund after six years to provide liquidity to USDC in DeFi protocols, ...
The stablecoin issuer said revenue and reserve income increased due to more stablecoins in circulation after its IPO and the ...
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