Circle Shares Fall After Open USD Stablecoin Targets USDC
Circle shares dropped nearly 15% after Open Standard unveiled Open USD, a consortium-backed stablecoin targeting USDC’s enterprise user base and reserve revenue model.
Circle shares dropped nearly 15% after Open Standard unveiled Open USD, a consortium-backed stablecoin targeting USDC’s enterprise user base and reserve revenue model.
AI agents are being integrated into crypto wallets and exchanges with transaction signing authority. Industry participants call for tiered permissions and strict spending limits to manage new risks.
Rosen Law Firm has opened an investigation into Strategy, formerly MicroStrategy, over potential misleading statements on its Bitcoin strategy and related securities. No lawsuit or regulatory action has been filed.
Ripple has launched its RLUSD stablecoin in Japan through SBI VC Trade following new rules for foreign-issued stablecoins. The token is classified as an electronic payment instrument under the Payment Services Act.
An opinion piece in CoinDesk argues that Congress should not limit stablecoins to protect community banks from what the author describes as an unproven threat.
The Vault has integrated Hinkal’s privacy layer to enable private stablecoin transactions for institutional clients. The move addresses transparency concerns in a market exceeding $315 billion.
Altura has begun winding down its multi-strategy stablecoin vault after processing more than 8.5 million USDT in withdrawals in 24 hours. The firm cites sustained redemption demand and market sentiment.
With MiCAR in place, Europe’s crypto sector is moving from licensing to ongoing supervision. Industry focus now centers on governance, resilience, and investor protection.
A federal court has entered a consent order permanently banning Celsius founder Alex Mashinsky from trading in CFTC regulated markets. The order concludes the agency’s 2023 enforcement action.
Eldora has expanded its marketplace to more than 280 tokenized US equities and ETFs across five blockchains. The platform combines 1:1 backed stocks, Treasury yield, and DeFi lending under a single KYC process.