Open USD Expands Stablecoin Competition With Consortium Model
Open USD launches with more than 140 partners and a reserve revenue-sharing model. The move intensifies competition in a stablecoin market exceeding 300 billion USD in supply.
Stablecoins Reach 80% of Volume at SCRYPT Amid Institutional Shift
SCRYPT says stablecoins now account for about 80% of its processed volume. The firm acts as TON’s institutional gateway for regulated on-chain settlement.
Circle Receives US Bank Charter as CEO Signals Stablecoin Shift
Circle has received final OCC approval for a US bank charter. CEO Jeremy Allaire says stablecoins are evolving from trading tools into regulated digital cash.
Allbridge Core Pauses Protocol After $1.1 Million Exploit
Allbridge Core halted its protocol after a flash loan exploit on Solana led to losses of more than $1.1 million. The incident adds to $57.8 million in crypto exploit losses in July 2026.
Brian Armstrong Says Bitcoin Became Digital Gold as Stablecoins Grow
Coinbase CEO Brian Armstrong said Bitcoin functions as a store of value, while stablecoins have taken over as payment instruments. Stablecoin supply stands near $310 billion.
Ripple Payments Europe Added to EU MiCA Register
Ripple Payments Europe has been added to the EU MiCA register following approval in Luxembourg. The license grants passporting rights across 30 countries.
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Dutch Crypto Broker Knaken Declared Bankrupt After MiCA Breach
A Dutch court has declared crypto broker Knaken bankrupt for operating without a MiCA license. Around 7 million euros are reported missing, impacting about 30,000 customers.
UBS Raises Stoxx Europe 600 Target to 690 Points
UBS increased its year end target for the Stoxx Europe 600 to 690 points, citing earnings momentum and sector revisions. Other banks have also raised projections, though some strategists remain cautious.
Grayscale Highlights Bitcoin Covered Call Yield Amid Bottom Signals
Grayscale presents a covered call strategy projecting 22% annualized yield under specific conditions, while Glassnode data shows easing realized losses among 1-2-year Bitcoin holders.
XRP Holds Near $1.11 as Bearish Pattern Signals 13% Risk
XRP is forming a head and shoulders pattern near $1.11, with large traders positioned net short. A break below $1.06 could open the way toward $0.92.