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…
Cloudflare introduces wallets for AI agents, plans stablecoin payments
Cloudflare introduced programmable Wallets for AI agents and said payment features using stablecoins will launch in a future update. Source：Cointelegraph
US, UK reaffirm support for stablecoins, tokenization in joint financial regulation talks
In a July 8 meeting, US and UK regulators highlighted the implementation of the GENIUS Act, payment modernization and crossborder cooperation, reinforcing a…
Open USD rattled Circle's stock, but its key backers still support USDC
Executives at Coinbase, Visa and Mastercard said they plan to support multiple stablecoins, suggesting Open USD is another payments rail rather than a direct…
Samsung is poised to become a dominant stablecoin distributor, analysts say
Samsung seeks to turn 800 million Galaxy phones into wallets for digital assets and blockchain payments, backed by a deeper play in crypto infrastructure.…
BlackRock debuts tokenized access to $311 billion of money market funds in Europe
Earlier this week, BlackRock expanded its U.S. tokenized cash platform which involved offering onchain shares of an existing fund, plus a new daily…
Mastercard completes $1.8B BVNK acquisition in stablecoin push
Mastercard said the tieup would help banks, fintechs and enterprises expand stablecoin payments, payouts, settlement and treasury services. Source：Cointelegraph
BlackRock launches tokenized money market funds for stablecoin reserves
The asset manager introduced two blockchainbased money market funds designed to qualify as stablecoin reserve assets under the US GENIUS Act.…
Circle slides after Morgan Stanley downgrade, cut in price target
The bank said tokenized money market funds, Open USD and slower USDC growth could weigh on the stablecoin issuer's earnings. Source：CoinDesk