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usdc
9 stories
Circle Lines Up Visa, Mastercard and BlackRock as Arc Validators, Decrypt Reports
Decrypt reports that Circle has lined up Visa, Mastercard and BlackRock as validators on Arc, its own Layer-1 network, ahead of a September launch, with terms undisclosed.
Circle beats on profit, misses on revenue, and puts Wall Street names on its Arc validator set
Circle beat profit estimates but missed on revenue for Q2 2026, and named BlackRock, DTCC, ICE, Visa and Mastercard as founding validators for its Arc blockchain, which launches Sept. 16.
Bank of Italy: stablecoin remittances cost 0.3% to 9% once you count the off-ramp
A Bank of Italy mystery-shopping study of USDC transfers across 10 corridors found end-to-end costs of 0.3% to nearly 9%, with blockchain fees a negligible share.
Circle picks up a New York trust charter — while the reserve job its federal bank was pitched for stays deferred
Circle said Friday it won a limited-purpose trust charter from New York's financial regulator, three weeks after OCC approval of a national trust bank whose USDC reserve role is deferred.
Circle suspended a Tether-backed arbitrage fund over manipulation fears, unsealed filings show
Arbitration records unsealed in Boston show Circle cut off Heka Funds' USDC minting and redemptions in December 2023 after concluding the Tether-backed arbitrage fund might be manipulating the market; the arbitrator found no breach of contract.
Two Wall Street banks turn on Circle's stablecoin economics — while two others say the fear is overdone
Mizuho cut Circle to underperform with a $50 target and JPMorgan trimmed estimates, both warning that new rival Open USD and richer distributor deals will squeeze USDC's reserve-income economics; Bernstein and William Blair disagree.
Coinbase and Better launch a crypto-backed mortgage — with a lot riding on one company's blog post
Coinbase and lender Better announced a mortgage that lets borrowers pledge Bitcoin or USDC to fund a down payment without selling it, wrapped into a Fannie Mae-backed conforming loan.
Circle Loses Nearly a Fifth of Its Value as a 140-Company Consortium Unveils a Stablecoin That Shares the Yield
Circle shares fell roughly 16–17% to a four-month low below $63 after a 140-company consortium including Stripe, Coinbase, Visa and BlackRock announced Open USD, a yield-sharing stablecoin that is not yet live.
New York Life's asset manager puts a junk-bond fund on-chain with Centrifuge — but not for anyone in the U.S.
New York Life Investment Management tokenized its high-yield corporate bond strategy with Centrifuge, settling in USDC but structuring the fund offshore under Reg S so U.S. investors are excluded.