Crypto giant Circle is rebuffing efforts to help scam victims, law enforcement officials say. According to a report by the International Consortium of Investigative Journalists (ICIJ), the issuer of the USDC stablecoin is allegedly declining […]
Key Takeaways Circle won OCC approval for a national trust bank to strengthen USDC infrastructure. Circle National Trust could bring USDC reserve management under federal OCC oversight. Circle plans to expand custody services, reinforcing USDC’s […]
Key Takeaways Wisconsin charged Circle over a warrant to seize 381,000 USDC stolen in a crypto romance scam. Circle holds 119 million frozen tokens, with critics noting it earns interest on backing reserves. Circle reached […]
Circle faces a Wisconsin complaint over refusing a court-ordered USDC recovery action. Prosecutors say stablecoin issuers face growing pressure to support scam investigations. The case may reshape how crypto firms handle frozen assets and victim […]
Stablecoins keep inching closer to the part of crypto that matters most in the long run: actual usage. Stripe’s move to support merchant settlement using USDC on Solana is another reminder that the payments story […]
There’s a quiet rotation happening. Stablecoins used to be just trading grease. Now they’re becoming the starting point for yield that looks a lot like money markets. And that idle “cash” in wallets is being […]
Your payroll team just got told to cut settlement times from days to minutes for a contractor in Nairobi. Cards are slow, wires are expensive, and compliance wants visibility on every hop. The answer on […]
Key Takeaways Circle stock rebounded 7% Monday after an OUSD press release previously triggered a 17% session drop. OUSD threatens Circle’s business model, where 96% of revenue relies on keeping interest on reserves. Regulators will […]
Binance’s reported move to lead a new Mesh funding round puts a strategic price on the payment routes stablecoins need to leave exchanges, wallets, and trading venues. A July 2 Axios Pro report said Binance […]
Key Takeaways Tether’s USDT held a $184.112 billion market cap and a 59.14% dominance share this week. Paypal’s PYUSD posted the top gain among the top 15, rising 4.25% to $2.836 billion. Sky Dollar’s USDS […]
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