Open USD Is Coming for Circle's Margins
The newest major stablecoin consortium is offering businesses a better deal than Circle has. Will Circle be fazed?
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Analysts don't think the threat of a new stablecoin launch was enough to warrant a major Circle (CRCL) sell-off on Tuesday.
Read full articleThe newest major stablecoin consortium is offering businesses a better deal than Circle has. Will Circle be fazed?
Open USD signs 140+ partners including Visa, Stripe, and Coinbase; Circle stock drops 16% as the stablecoin fight shifts to distribution.
Jeremy Allaire argued that stablecoin networks are winner-take-most businesses built over years, two days after the launch of the 140-plus-firm Open USD consortium sent Circle's stock down more than 17% in a single session.
Circle reportedly minted another $1 billion of USDC on Solana, adding to the network’s already large gross issuance total for 2026.
The launch of OUSD could disrupt stablecoin economics, challenging USDC's dominance and potentially reshaping the market landscape. The post Circle CEO defends USDC’s network effects amid Open USD consortium launch appeared first on Crypto Briefing.
Circle's stablecoin payouts in Europe enhance cross-border transactions, streamline compliance, and bolster its global fintech positioning. The post Circle launches stablecoin payouts through Circle Mint France appeared first on Crypto Briefing.
Crdit Agricole's EURXT stablecoin launch could accelerate institutional adoption of tokenized assets, reshaping Europe's digital finance landscape. The post Crédit Agricole rolls out euro stablecoin EURXT on Ethereum appeared first on Crypto Briefing.
Crédit Agricole S.A. has launched a euro-backed stablecoin called EURXT and used it to settle the first subscription into a tokenized money market fund in Europe. According to the announcement on Wednesday, the bank issued the token through CACEIS, its asset servicing arm, on the Ethereum blockchain. EURXT follows the ERC-20 standard and carries a […]