Analysts Question Severity of Circle (CRCL) Sell-Off Amid Stablecoin Concerns
Despite concerns regarding a potential new stablecoin launch, analysts believe the recent sell-off of Circle (CRCL) was excessive.
Editorial Staff about 1 hour ago
#stablecoin
15 articles tagged with "stablecoin"
Bernstein Maintains Positive Outlook for Circle Amidst OUSD Launch
Despite a significant drop in CRCL stock following the introduction of OUSD, Bernstein continues to endorse Circle with a $190 target price, indicating a potential upside.
Editorial Staff about 6 hours ago
Major Financial Firms Collaborate on US Dollar Stablecoin Initiative
A coalition of financial giants, including Visa and Mastercard, is developing a US dollar stablecoin that may rival Tether's USDT and Circle's USDC, the leading stablecoins in the market.
Editorial Staff about 23 hours ago
Major Players Unite for Open USD Stablecoin with No Fees
Open USD, a new stablecoin set to launch later this year, will allow businesses like Visa, Stripe, and Coinbase to mint and redeem without fees or limits.
Editorial Staff 1 day ago
Circle Experiences 13% Drop as Major Firms Support Competing Stablecoin
Circle's value has decreased by 13% following the announcement of Open Standard's Open USD, which is backed by Stripe, Coinbase, and BlackRock.
Editorial Staff 1 day ago
MetaMask Introduces Money Account for Enhanced Stablecoin Utility
MetaMask has unveiled its Money Account, which combines stablecoin yield and spending capabilities in one wallet, aiming to broaden the use of stablecoins.
Editorial Staff Updated 1 day ago
Spiko Integrates Coinbase Payments with EU Regulated Treasury Funds
Spiko has announced the integration of Coinbase Payments into two EU regulated UCITS Treasury funds, allowing for transactions using USDC and EURC stablecoins.
Editorial Staff 1 day ago
Tether Surpasses Ether in Market Cap Amid Price Decline
As Ether's price drops to $1.5K, Tether stablecoin has overtaken it in market capitalization, returning to critical support levels last seen in late 2023 and early 2025.
Editorial Staff 6 days ago
Invesco Moves to Expand Blockchain Presence with New Tokenized Fund
Invesco, a major player in asset management, has filed for a tokenized fund aimed at the stablecoin reserve market, following its recent acquisition of Superstate's fund.
Editorial Staff 6 days ago
USDT0 Stablecoin Reaches $100 Billion in Transaction Volume
The Tether-pegged USDT0 stablecoin has surpassed $100 billion in transaction volume, solidifying its status as the largest stablecoin by market capitalization.
Editorial Staff 6 days ago
Ripple Introduces RLUSD Stablecoin in Japan Following Regulatory Approval
Ripple has launched its RLUSD stablecoin in Japan, now accessible via SBI VC Trade for both institutional and retail users, marking a significant step in the digital asset landscape.
Editorial Staff 7 days ago
Abracadabra Responds to MIM Stablecoin Depeg with Interest Rate Hike
In light of the worsening depeg of the MIM stablecoin, Abracadabra is implementing higher interest rates across its Cauldrons to promote debt repayment and manage supply.
Editorial Staff 7 days ago
US Credit Unions with $25B in Assets Explore Stablecoin Payments
A pilot program launched by Stablecore, Circuit, and Curql allows US credit unions to experiment with stablecoin payments and digital asset services.
Editorial Staff 7 days ago
OpenPayd Achieves MiCA License Amid Rising Stablecoin Usage in Europe
OpenPayd has obtained a MiCA license, enabling it to provide regulated cryptocurrency services across Europe, including to clients like Kraken.
Editorial Staff 7 days ago
Federal Reserve Moves to Enhance Security with New Rule for Stablecoin Issuers
In a bid to bolster financial security, the Federal Reserve has proposed a rule mandating stablecoin issuers to implement customer identification programs aimed at preventing illicit activities.
Editorial Staff 13 days ago