Robinhood's rapid stablecoin growth signals a shift in DeFi competition, challenging established players and attracting new users to its ecosystem.
The post Robinhood’s stablecoin market cap surpasses $270M, up 100% in a week appeared first on Crypto Briefing.
The post What is Robinhood Chain? The broker’s L2 explained appeared on BitcoinEthereumNews.com.
Robinhood launched its own blockchain in July 2026, an Ethereum layer 2 where tokenized stocks trade around the clock and plug into DeFi as collateral. This guide explains what Robinhood Chain actually is, how it works under the hood, what Stock Tokens are and who can use them, how the chain differs from Base and the other corporate networks, and what it means for users, builders, and the industry’s biggest open questions. On July 1, 2026, one of the largest retail brokers in the United States switched on its own blockchain. Robinhood Chain launched its public mainnet at a London keynote, carrying 95 tokenized stocks that trade 24 hours a day, a suite of DeFi protocols live from day one, and access wired directly into the Robinhood Wallet used across 120 countries. Within a week the chain had processed roughly 4 million transactions, gathered over $240 million in deposits, and produced a la
Robinhood Chain is an Arbitrum-based Ethereum L2 with 24/7 tokenized stocks that plug into DeFi. How it works, Stock Tokens, access rules, and the risks.
The post Circle Stock Jumps as Stablecoin Issuer Wins Final Federal Banking Charter Approval appeared on BitcoinEthereumNews.com.
In brief Circle secured final OCC approval to establish a national trust bank, shifting its $73.2 billion stablecoin to a unified federal framework. The milestone reflects a dramatic regulatory shift under the Trump administration that has cleared the way for several other firms. While Coinbase praised Circle’s news, the exchange also recently backed a major new rival stablecoin dubbed Open USD. Circle has received final approval to establish a national trust bank from the U.S. Office of the Comptroller of the Currency, a move that’s set to shift the stablecoin issuer’s operations from a patchwork of state-by-state rules to a national framework. In an announcement on Friday, the company behind crypto’s second-largest stablecoin, USDC, described the OCC’s approval as a key regulatory milestone, expected to unlock new opportunities regarding safeguarding custo
The post Robinhood stock slides even as Morgan Stanley lifts target to $124 appeared on BitcoinEthereumNews.com.
Morgan Stanley and Barclays have raised their Robinhood price targets to $124 and $122, respectively, even as HOOD has fallen more than 5% toward key support near $109. Summary Morgan Stanley raised Robinhood’s target to $124, while Barclays lifted its forecast to $122. HOOD fell more than 5% after failing near $120 and testing support around $109. Robinhood Chain growth and strong trading activity continue to support analysts’ bullish outlooks. Morgan Stanley reiterated its buy rating on Robinhood Markets on July 10 and lifted its target from $95 to $124, an increase of more than 30%. The new target sits above the stock’s recent peak near $120 and implies room for another advance from current levels. JUST-In: Robinhood Markets $HOOD stock surges over 3% in premarket as Morgan Stanley and Barclays Raise Price Targets Morgan Stanley reiterated BUY | Price Target: $124 Barclay
Morgan Stanley and Barclays have raised their Robinhood price targets to $124 and $122, respectively, even as HOOD has fallen more than 5% toward key support near $109. Morgan Stanley reiterated its buy rating on Robinhood Markets on July 10…
Gyeonggi's stablecoin trial could enhance regional financial autonomy and privacy, influencing global stablecoin infrastructure strategies.
The post South Korea’s Gyeonggi Province to test stablecoin for public payments in August appeared first on Crypto Briefing.
The post GENIUS Act deadline puts stablecoin issuers on the clock appeared on BitcoinEthereumNews.com.
Regulators have until July 18, 2026, to turn the GENIUS Act from a statute into access rules for stablecoin issuers that want a clear regulatory path into the US. That date is the Act’s one-year rulemaking deadline, not a blanket cutoff for users or every restriction on issuers. Public Law 119-27 requires primary federal payment stablecoin regulators, Treasury, and state payment stablecoin regulators to issue implementing regulations through notice-and-comment rulemaking within one year of enactment. The law’s effective date is separate from this deadline. According to the OCC, the GENIUS Act takes effect on the earlier of two dates: 18 months after its July 18, 2025, enactment, or 120 days after regulators finalize the implementing rules. Related Reading GENIUS made stablecoins legal, July 18 decides which stablecoins stay competitive GENIUS may make stablecoins safer, but tx and Pla
