RBI Keeps a Crypto Ban on the Table: India’s Stablecoin Wall Just Got Higher

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Coinbase backs new stablecoin venture, renegotiates deal with Circle

Coinbase's move into Open USD signals a shift towards diversified revenue streams, pressuring Circle to adapt its economic model for competitiveness. The post Coinbase backs new stablecoin venture, renegotiates deal with Circle appeared first on Crypto Briefing.

Jul 4, 6:07 PM

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Circle’s partners just built its replacement

On June 30, more than 140 companies, including Visa, Mastercard, Stripe, BlackRock, Google, and Circle’s most important ally, Coinbase, unveiled a stablecoin designed to give away the exact revenue stream Circle lives on. CRCL cratered 17% in a day and…

Jul 4, 4:40 PM

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Open USD Reserve Sharing: Could Stablecoin Yield Economics Kill the Old USDC Moat?

Open USD launches with 140+ partners and reserve-yield sharing that redirects economics to integrators. Circle fell 17% on the news as USDC’s moat gets tested.

Jul 4, 4:01 PM

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Stablecoin Inflows Hit 18-Month Low While Ethereum Builders Ignore It

Stablecoin inflows to exchanges just fell to an 18-month low, yet Ethereum developers are deploying smart contracts at a record pace anyway. Bitcoin traded near $62,397 on Friday morning, a number that by itself explains almost nothing about what is happening underneath the price. The real story sat one layer down, in the stablecoin data […] The post Stablecoin Inflows Hit 18-Month Low While Ethereum Builders Ignore It appeared first on Live Bitcoin News.

Jul 4, 2:45 PM

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CG Power launches semiconductor production in India with 200 million annual chip capacity

India's semiconductor production boost could enhance global supply chains, reduce dependency on imports, and foster tech innovation. The post CG Power launches semiconductor production in India with 200 million annual chip capacity appeared first on Crypto Briefing.

Jul 4, 2:28 PM

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Revolut to Delist USDT for European Users as MiCA Rules Reshape Stablecoin Access

Revolut is set to phase out USDT support for eligible European clients in line with the European Union’s MiCA regulations. Revolut has informed affected users via email that it will gradually stop supporting USDT in the coming months. Users can keep purchasing USDT until July 6, after which Revolut will

Jul 4, 11:41 AM

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India probes Myanmar camps over alleged forced crypto scams

India has opened an investigation after reports alleged that Indian nationals were trafficked into Myanmar and forced to carry out crypto fraud operations inside cyber scam compounds. According to police in the western Indian state of Maharashtra, authorities have registered…

Jul 4, 10:56 AM

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Brazil Central Bank proposes 24-hour holds on large dollar stablecoin transfers

The proposed regulation may slow cross-border crypto transactions, impacting market liquidity and increasing compliance costs for service providers. The post Brazil Central Bank proposes 24-hour holds on large dollar stablecoin transfers appeared first on Crypto Briefing.

Jul 4, 8:35 AM