Open USD Launch Sends Circle Stock Down 17%
A 140-firm consortium unveiled Open USD on June 30, 2026, and Circle’s stock dropped 17.5% to $62.63 by the following day. That single price move tells you everything about what markets think is at...
Category: Stablecoins
Stablecoins: Nigeria, UK Cap, Digital Euro Vote
Stablecoin policy shifted on multiple fronts between June 27 and 28, 2026, as regulators in the UK and Europe advanced formal frameworks, Nigeria recorded a second consecutive year of outsized dollar-token adoption, and structural...
Coinbase, Ethena, and Mastercard Reshape Settlement
Coinbase made two strategic infrastructure bets this week: an open-market purchase of ENA tokens ahead of an Ethena savings product launch, and an investment in ProShares’ GENIUS Money Market ETF. Those moves landed alongside...
ECB Blocks Euro Stablecoin Relief as FDIC and Japan Tighten Rules
The stablecoin sector hit a fresh all-time high of $323.052 billion this week, and regulators on three continents responded not with celebration but with new restrictions. The ECB shot down proposals to ease rules...
AWS, Coinbase, and Stripe Launch USDC Payment Rails for AI Agents
Amazon Web Services, Coinbase, and Stripe have jointly launched Amazon Bedrock AgentCore Payments, a purpose-built infrastructure layer that lets autonomous AI agents transact using USDC stablecoins across blockchain networks including Base and Solana. The...
Circle Arc Blockchain Raises $222M as USDC Revenue and Stock Climb
Circle Internet Group’s shares closed 15.91% higher at $131.76 on Monday, May 12, after the company reported first-quarter 2026 results that beat earnings expectations and disclosed a $222 million presale of tokens for its...
ABA Mobilises Bank CEOs Against CLARITY Act Stablecoin Yield Ahead of May 14 Vote
Banking trade groups launched an emergency lobbying campaign over the weekend to kill stablecoin yield provisions in the CLARITY Act, days before the Senate Banking Committee is scheduled to mark up the legislation on...
CLARITY Act Yield Deal Sends Circle Up 18% as Banks Cry Foul
Circle Internet Group (CRCL) climbed 18% on May 4 after Senators Thom Tillis and Angela Alsobrooks released a bipartisan yield compromise for the Digital Asset Market CLARITY Act, pushing the stock’s year-to-date gain to...
Visa, Meta, and Stripe Cement Stablecoin’s Role in Global Payments Infrastructure
Three of the most systemically important companies in global commerce moved in near-simultaneous coordination on April 29 and 30, 2026, to embed stablecoin rails into mainstream payment flows. Visa expanded its settlement pilot to...
US Banks Push to Delay GENIUS Act Rules as White House Resists
Major US banking trade associations submitted a formal letter on April 22 requesting that federal regulators extend public comment periods on three stablecoin rule proposals under the GENIUS Act, the stablecoin oversight law signed...