stablecoin – Page 3

2 weeks ago

Open USD’s Launch Impacts Circle’s Valuation but USDC Receives Ongoing Support

The launch of Open USD affects Circle's stock, but executives from major firms reaffirm their support for USDC amidst changing stablecoin dynamics.

2 weeks ago

TRON Achieves 15 Billion Transactions Amid Strong Network Growth

TRON surpasses 15 billion transactions, driven by stablecoin activity as TRX aims for a breakout.

2 weeks ago

Morgan Stanley Lowers Circle’s Price Target, Shares Drop

Morgan Stanley downgrades Circle to Underweight, slashing the price target from $106 to $38, causing shares to drop 6% in premarket trading.

3 weeks ago

Anchorpoint Eyes August Launch for Hong Kong Dollar Stablecoin HKDAP

Anchorpoint, backed by Standard Chartered, aims for an August rollout of its HKDAP stablecoin after missing previous deadlines.

3 weeks ago

PayPal Expands Stablecoin Strategy Following $486.4 Billion Payment Volume

PayPal reports $486.4 billion in Q2 payments, expanding its stablecoin strategy to include PYUSD alongside other financial products.

3 weeks ago

South Korea Experiences 18 Months of Stablecoin Outflows

In June 2026, South Korea saw stablecoin outflows reach 560.3 billion won, marking 18 consecutive months of net outflows as investment shifts overseas.

3 weeks ago

Tether Reports $1.5 Billion Q2 Profit Amid Reserve Concerns

Tether's $1.5 billion Q2 profit raises concerns as its reserve buffer drops by 50%, indicating challenges in sustaining its reserve strategy.

3 weeks ago

ARK Invest Acquires $6.8 Million in Circle Shares Following New York Charter Approval

ARK Invest has purchased $6.8 million worth of Circle shares after the company's approval for a New York trust charter. Details inside.

3 weeks ago

Tether Reports $1.5 Billion Profit in Q2 Despite Reduced Reserves

Tether's net operating profit reached $1.5 billion in Q2 2026, while its reserve buffer decreased to $4.11 billion.

3 weeks ago

Samsung SDS and Dunamu Partner to Develop Stablecoin Infrastructure

Samsung SDS reveals collaboration with Dunamu to build stablecoin infrastructure, integrating blockchain and AI technologies as part of its digital asset strate