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The Latest Breaking News from USDC

Tether CEO defies his critics—and he has a point

Paolo Ardoino points out his firm has remained steady even as once respectable banks and crypto rivals have collapsed.

Fortune

Coinbase Wallet lets users send stablecoins for free on messaging apps like WhatsApp and iMessage

Coinbase Wallet’s new feature will make it easer to send USDC at no cost across borders.

Fortune

USDC launches on Sei as Circle announces strategic investment in the layer-1 blockchain

Sei is a new trading-focused blockchain created by an ex-Robinhood engineer.

Fortune

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Fed’s Michael Barr calls for strong stablecoin regulation and says ‘we haven’t made a decision’ when it comes to CBDCs

The Federal Reserve vice chair for supervision spoke at D.C. Fintech Week on Tuesday.

Fortune

How stablecoins are accelerating dollarization in the Global South—and why financial inclusion needs Web3 solutions

Why does wiring money from Nigeria to Ghana take longer and cost more than physically driving it across borders?

Fortune

Tether is lending out $5.5 billion in stablecoins less than a year after it said it would stop issuing loans

The stablecoin’s lending practices raises questions about its ability to withstand a bank run.

Fortune

PayPal adds its PYUSD stablecoin to Venmo in push to expand crypto reach

The payments giant recently unveiled its new stablecoin to much fanfare, but PYUSD has yet to supplant other stablecoin giants like Tether or USDC.

Fortune

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Inside Circle's tumultuous attempt to build the future of money

Why is the USDC developer losing to Tether?

Fortune

Circle wanted to create a financial revolution. Instead, it’s losing the stablecoin wars to Tether

Inside Jeremy Allaire’s quixotic journey to build the future of money.

Fortune

Visa to send stablecoin USDC over Solana to help pay merchants in crypto

The payments giant had previously only accepted payments in USDC.

Fortune

Circle’s CEO on the future of crypto regulation after the crypto winter and FTX’s failure in 2022

"A lot of the ideas that we have about how money moves around are going to change," Jeremy Allaire says on this week's Leadership Next podcast.

Fortune

USDC to be available on 15 blockchains after adding 6—including Base, Optimism, and Polygon PoS—over next 2 months

The stablecoin is making a push for adoption by targeting new blockchains.

Fortune

Coinbase and Circle's marriage is going fine—for now at least

A new deal brings two longtime crypto rivals closer together, but it's unclear how long it will hold up.

Fortune

Coinbase takes equity stake in Circle as USDC-focused Centre Consortium shutters

An updated agreement between the crypto giants creates a new era for USDC.

Fortune

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Fortune

Coinbase posts $97 million loss as revenue falls to $708 million, but shares jump after beating forecasts

In June, the SEC sued the exchange for allegedly selling unregistered securities.

Zenger

Tether Takes Lead In Stablecoin Market As Competitors Struggle

Tether's market share surges while USD Coin and others decline, driven by factors including collapses and regulatory concerns.

Fortune

Future of Finance: Circle’s Allaire says U.S. lawmakers may be ‘late to the party’ with crypto, but it won’t hold back the world’s largest economy

“When the U.S. does lay down its rules,” added the Circle CEO, “it's going to be a highly competitive market.”

Fortune

Circle hires former CFTC Chair Heath Tarbert as top lawyer

Tarbert's experience and Washington connections may help Circle navigate hostile regulatory waters.

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U.S. crypto industry dodges a bullet with USDC not listed among crypto securities in SEC lawsuit against Coinbase

Fortune

How crypto can reshape the $130 billion remittance market in Latin America

After years of setbacks, Bitso CEO Daniel Vogel says that crypto remittances have finally broken through.

Fortune

Circle turns to Customers Bank for USDC payment settlement

CEO and co-founder Jeremy Allaire on the future of the stablecoin giant.

Fortune

Stablecoin legislation punted again as Republicans and Democrats butt heads: ‘We’re starting from scratch’

A bipartisan hearing devolved into uncertainty over regulation for the volatile sector.

Fortune

Coinbase offered $3.3 billion backstop to Circle as USDC teetered

In the hours before regulators expanded FDIC insurance, Coinbase and Circle came up with a backstop plan of their own.

Fortune

FedNow is set to launch in July. What the instant payment service could mean for a digital dollar and stablecoins

FedNow’s ability to give customers of traditional banks instant payments detracts from one of the main draws of a central bank digital currency.

Fortune

Bank failures could spur Congress to act on stablecoins

Digital assets chair French Hill and Circle's Dante Disparte weigh in.

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