Tag: Stablecoins
Bernstein Says Circle Growth Defies CLARITY Act, Sets $140 Target
Bernstein maintains an Outperform rating and $140 target for Circle stock. USDC supply grew $1.7 billion, supporting Circle’s stablecoin growth outlook. Bernstein says Circle’s growth…
Tether Says USDT Is Powering Commerce Across Developing Countries
USDT adoption grew in Venezuela, Argentina, Bolivia, and Turkey amid currency pressures. Developing markets increasingly used USDT for payments, savings, trade, and settlements. Latin America’s…
OCC Approves Trump-Linked World Liberty Bank for USD1 Stablecoin
OCC clears World Liberty Trust’s path toward federally supervised USD1 operations nationwide. USD1 issuance and custody will move from BitGo after final regulatory approval arrives.…
Keeta Partners With LayerZero to Bring Bank Money Onchain
Keeta and LayerZero launch tokenized bank money across major blockchains. Keeta Stablecoins represent commercial bank deposits across nine currencies. LayerZero enables compliant cross-chain settlement for…
Circle Teams Up With Kakao and Toss for South Korea USDC Push
Circle signed MOUs with Kakao and Toss to expand USDC infrastructure across South Korea. Partnerships target payments, remittances, settlements, and digital asset connectivity. Circle continues…
SBI Group Unveils New JPY Stablecoin Lending Service Starting July 16
SBI introduces Japan’s first trust-type yen stablecoin lending service with fixed returns. JPYSC Lending offers a 3% annual yield over a 12-week lending period. Japan’s…
Hyundai Card Tests Stablecoin Payments in Global Automotive Shift
Hyundai Card completed a $20,000 USDT transfer between US and Mexico subsidiaries in seven minutes. The pilot used Avalanche, Tether, and Axiym to test faster…
Circle Hit With Criminal Complaint After Rejecting USDC Seizure Request
Circle faces a Wisconsin complaint over refusing a court-ordered USDC recovery action. Prosecutors say stablecoin issuers face growing pressure to support scam investigations. The case…
Binance Eyes Lead Role in Mesh Funding at $2B Valuation
Binance may lead Mesh’s funding round, valuing the crypto infrastructure firm at up to $2B. Mesh could double its valuation as demand for stablecoin payment…
