The moves followed CoinDesk's report late Thursday that the Securities and Exchange Commission (SEC) was set to further delay its anticipated “innovation exemption,” which...
The big picture: In an interview on CoinDesk’s Public Keys, Bitwise Head of Research Ryan Rasmussen said investors are underestimating Circle’s opportunity as stablecoins...
Morgan Stanley downgraded shares of Circle Internet (CRCL) to underweight from equal-weight on Monday and cut its price target to $38 from $106, citing...
Visa introduced a new platform aimed at making it easier for banks, fintech companies and crypto firms to build products using stablecoins, expanding its...
USDC's circulating supply has fallen to about $73 billion from nearly $80 billion in March, trimming its share of the roughly $312 billion stablecoin...
They highlighted that stablecoins bring a wide range of benefits, including “reducing the burden of currency exchange for inbound tourists, further improving the efficiency...
Japanese investment bank Mizuho downgraded Circle (CRCL) to underperform from neutral and slashed its price target to $50 from $85, arguing that OpenUSD's business...
Hyperliquid is one of crypto's fastest-growing trading venues and the leading decentralized perpetual futures exchange. The platform processed more than $150 billion in trading...
The stablecoin issuer received a charter for First National Digital Currency Bank, allowing it to custody digital assets and, eventually, hold USDC reserves under...
Circle (CRCL), the issuer of the world's second largest stablecoin USDC, received approval from the U.S. Office of the Comptroller of the Currency (OCC)...