Open USD poses biggest threat yet to Circle's USDC, CoinShares says
The consortium-backed stablecoin would share reserve income with partners instead of the issuer, pressuring Circle's margins if it...
Mizuho Downgrades Circle to Underperform, Slashes Price Target to $50 on OpenUSD...
TLDR: Mizuho downgraded Circle to Underperform, cutting its price target from $85 to $50. OpenUSD’s revenue-sharing model threaten...
Mizuho downgrades Circle to underperform, cuts price target to $50 on Open USD t...
The Japanese investment bank said Open USD's yield pass-through model could pressure Circle's margins by shifting more reserve inc...
JPMorgan says Hyperliquid's rise threatens Circle's USDC economics
Hyperliquid's deal with Circle and Coinbase creates a "prisoner's dilemma" that puts pressure on earnings from the dollar-pegged s...
Japan’s biggest card network taps Circle to bring stablecoins to 40 million merc...
JCB and Circle will explore using USDC for cross-border payments and merchant transactions as Japan ramps up efforts to bring stab...
Mizuho says Circle bank approval doesn't solve USDC growth, stablecoin competiti...
Japanese investment bank Mizuho reiterated its neutral rating on Circle, saying OCC approval for a national trust bank doesn't add...
Stablecoin market cap has shrunk by $10 billion since May, but analyst sees no r...
The market shrank by $7.7 billion in June alone, the largest dollar amount since May 2022's Terra-Luna crash, but stablecoins will...
Circle Wins Final OCC Approval for National Trust Bank as Shares Rise
Circle secured final OCC approval to establish a federally regulated national trust bank in the U.S. CRCL shares climbed nearly 12...
Circle Secures Federal Charter for Crypto Custody Bank
TLDR Circle received final OCC approval to establish Circle National Trust. The bank will provide fiduciary digital asset custody...
Circle soars after securing U.S. trust bank approval in crypto expansion
The approval adds to a growing list of crypto firms seeking federal banking licenses as the industry moves into the regulated fina...