Porsche’s ‘long haul’ Web3 project ends in less than four years
Porsche is winding down its Web3 project and Pioneers Circle community as trading activity in its 911 NFT collection falls sharply from early levels.…
Open USD takes on Tether, Circle with a different stablecoin model that's 'building money'
The “overwhelming majority” of Open Standard’s equity will be distributed over time to partners based on how much they help grow the stablecoin, CEO Zach…
Binance deal gives Circle a boost in stablecoin race with Tether, analysts say
The fiveyear deal could strengthen USDC’s reach in emerging markets, though Tether’s liquidity advantage remains hard to dislodge, analysts told CoinDesk.…
Circle and Tether step in to freeze hacker wallet after massive Bitget crypto heist
The stablecoin issuer blacklisted a wallet holding about $318,000 in USDT and USDC. Most of the stolen funds sit in ether, which can't be frozen.…
Circle launches Bitcoin-backed USDC borrowing for institutional clients
Circle is bringing Bitcoinbacked borrowing to institutional clients, allowing them to tap BTC holdings for USDC liquidity without selling their Bitcoin.…
Circle's $400M Tazapay deal buys emerging market links that take ‘years to build’
Stablecoins' “next battleground is in emerging markets,” one expert said, as Circle looks to expand USDC's reach where rival Tether has long been strong.…
FDA advisers vote against sleep peptide as they debate safety and health claims
The FDA’s advisory committee is meeting for two days to discuss whether seven peptides — which have become popular in wellness circles — should be allowed to…
USDT wins payments, USDC wins DeFi as stablecoins diverge: Dune
Dune data shows Tether's USDT has become crypto’s dominant payments stablecoin while Circle's USDC powers DeFi, highlighting how blockchain choice shapes…
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
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…