JCB signs Circle MOU to test stablecoin payments in Japan
The companies will explore using USDC for JCB’s crossborder treasury operations and merchant payments in Japan as regulated stablecoin adoption gains momentum.…
Mizuho downgrades Circle to underperform, cuts price target to $50 on Open USD threat
The Japanese investment bank said Open USD's yield passthrough model could pressure Circle's margins by shifting more reserve income to distributors.…
JPMorgan says Hyperliquid's rise threatens Circle's USDC economics
Hyperliquid's deal with Circle and Coinbase creates a "prisoner's dilemma" that puts pressure on earnings from the dollarpegged stablecoin. Source:CoinDesk
Japan’s biggest card network taps Circle to bring stablecoins to 40 million merchants
JCB and Circle will explore using USDC for crossborder payments and merchant transactions as Japan ramps up efforts to bring stablecoins into everyday…
Mizuho says Circle bank approval doesn't solve USDC growth, stablecoin competition risks
Japanese investment bank Mizuho reiterated its neutral rating on Circle, saying OCC approval for a national trust bank doesn't address slowing USDC growth or…
Circle soars after securing U.S. trust bank approval in crypto expansion
The approval adds to a growing list of crypto firms seeking federal banking licenses as the industry moves into the regulated financial system. Source:CoinDesk
USDC issuer Circle wins final approval for US national trust bank charter
Circle announces it received final OCC approval for a national trust bank that will initially serve the company and affiliates, with possible future custody…
Standard Chartered, Circle bring USDC minting onto banking rails
Standard Chartered and Circle launch bankled USDC minting and redemption for institutions, starting in Dubai’s DIFC with planned global expansion.…
Jefferies warns against buying the dip in Circle as Open USD raises new competition fears
The investment bank said new competition from the Stripe and Coinbasebacked stablecoin consortium could pressure USDC's growth. Source:CoinDesk
French banking giant Crédit Agricole rolls out euro stablecoin, EURXT
EURXT debuted with 20 million tokens in circulation, backed 1:1 by euro reserves at Caceis Bank, and competes with Circle's EURC and SocGen's EURCV.…
Why OpenUSD's 'real threat' that tanked Circle stock still faces a steep uphill battle for adoption
The Stripe and Coinbasebacked stablecoin consortium can challenge Circle's business model, but analysts say building a network is harder than assembling…
Circle slides 8% as Stripe, Coinbase and BlackRock back rival stablecoin network
Open Standard's Open USD aims to let partners keep reserve income and eliminate minting fees, challenging Circle's USDC. Source:CoinDesk