Bitwise's Rasmussen: Circle is mispriced as stablecoins head toward trillions
Bitwise's Ryan Rasmussen says investors are underestimating Circle as stablecoins expand and the company builds out its payments infrastructure. Source:CoinDesk
Inside stablecoin firm BVNK’s journey to a $1.8B acquisition by Mastercard
Early BVNK investor Concentric shares a fascinating inside view on the stablecoin startup’s journey and the eventual Mastercard deal. Source:CoinDesk
Domestic stablecoins could boost demand for dollar-backed tokens: IMF
IMF first deputy managing director Dan Katz says users may favor digital dollars for their liquidity, network effects and crossborder acceptance.…
Circle expands USDC to OKX ecosystem with X Layer launch
The rollout gives X Layer users access to Circleissued USDC and crosschain transfers as the stablecoin expands across major blockchain ecosystems.…
Crypto Biz: Crypto’s biggest business is starting to look a lot like banking
Crypto business is converging with banking as stablecoin reserves, tokenized funds, Treasury income and balance sheet management become key profit drivers.…
Stripe-owned Bridge joins EU MiCA register after Luxembourg approval
Stripeowned Bridge has entered the EU MiCA register following Luxembourg approval, joining regulated providers under the bloc’s crypto framework.…
Western Union brings stablecoin remittances to Visa network with Stablecard
The remittance giant is rolling out Stablecard across 37 markets, targeting crossborder payments and consumers seeking US dollardenominated savings in volatile…
Mastercard, Borderless test shared identity checks for stablecoin transfers
Mastercard and Borderless are exploring ways to bring more trust into crossborder stablecoin transfers through the payment processing giant’s Crypto Credential…
Yellow Card raises $40 million to link banks to stablecoin processing
The funds bring Yellow Card’s total financing to more than $120 million since being founded 10 years ago. Source:CoinDesk
Circle Q2 revenue falls short of Wall Street estimates
Stablecoin issuer Circle reported $701 million in Q2 revenue, missing Wall Street estimates of about $713 million. Source:Cointelegraph
Circle shares jump as earnings beat offsets revenue miss, Arc blockchain gains Wall Street backing
Shares jumped 10% in premarket trading as the stablecoin issuer revealed institutional adoption for its layer 1 blockchain Arc. Source:CoinDesk
S&P gives BlackRock tokenized reserve fund top stability rating
The rating recognizes the fund’s ability to maintain a stable net asset value, while S&P separately reaffirmed USDT among the lowestrated stablecoins under its…