Standard Chartered and Circle launched bank-led USDC minting and redemption for institutions, starting in Dubai’s DIFC with global expansion plans.
Investment bank Jefferies has advised against buying shares in Circle, the issuer of the USDC stablecoin, citing new competition from the Stripe and Coinbase-backed Open USD.
A new US dollar stablecoin, backed by Visa and Mastercard, aims to retain reserve earnings and challenge Tether’s USDT and Circle’s USDC.
Shares of Circle, the issuer of the USDC stablecoin, plummeted 13% after Stripe, Coinbase, and BlackRock announced support for a new rival stablecoin network, Open Standard's Open USD.
Spiko has integrated Coinbase Payments into two EU regulated UCITS Treasury funds, enabling USDC and EURC subscriptions and redemptions via the Base blockchain.
BNY Mellon has integrated USDC minting and redemption services into its institutional custody platform, deepening its partnership with Circle.
BNY Mellon, the world's largest custody bank, is expanding its stablecoin services to institutional clients, starting with Circle's USDC custody and minting.
Breez's new SDK feature allows users to make payments with Bitcoin, enabling recipients to receive USDC and USDT across over 30 blockchains without holding stablecoins.
Stablecoin issuer Circle and Nomura are collaborating to integrate cross-border foreign exchange settlements into Japan's $440 billion daily forex market by next year.
Users of the Ready USDC card outside the European Economic Area have reported service disruptions after an unannounced change in card providers.
MassPay is leveraging Coinbase's infrastructure to streamline global payouts using USDC, aiming to reduce costs and accelerate settlement times for businesses.
UK-regulated digital asset platform Archax launches real-time yield payments for tokenized securities, distributing continuous payouts in USDC on Hedera.
Coinbase and Cardless have launched a new credit card backed by stablecoins, providing an innovative option for users who may not qualify for conventional credit.
Meta's adoption of USDC for creator payments signals a major step for stablecoins, yet underscores the ongoing hurdle of converting digital assets to traditional currency.
Travala.com is revolutionizing travel by allowing AI agents to book hotels using USDC on the Base network, with human oversight for final payment approval.
Coinbase is partnering with Better Home & Finance to allow borrowers to use Bitcoin and USDC as collateral for home mortgage down payments.
Mastercard is significantly boosting its stablecoin settlement capabilities, embracing digital currencies like USDC and Ripple's RLUSD for a more efficient 'always-on' global economy.
Payment giant Mastercard is significantly expanding its support for stablecoin settlement, including USDC, PYUSD, and RLUSD, across multiple blockchain networks.
Privacy protocol Zama announced it will accelerate compliance measures after a court lifted a $12.5 million USDC freeze tied to an unrelated legal dispute.