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.
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 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.
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 has been added to the EU MiCA register following approval in Luxembourg. The license grants passporting rights across 30 countries.
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 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 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 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.
Jesse Pollak admitted his onchain social strategy failed as Zora volumes fell 99.8%. Base will now focus on trading, stablecoin payments, and AI agents under Coinbase oversight.
Ripple has shifted 57% of RLUSD supply, or $871 million, to the XRP Ledger. The move follows the formal end of the SEC lawsuit in August 2025.