Circle Payments Network reached a $14.7 billion annualized transaction volume by Q2-end, growing 76% quarter over quarter, driven by rising stablecoin use beyond crypto trading. USDC circulation hit $73.3 billion, with on-chain transaction volume surging 151% to $14.8 trillion. Stablecoins are increasingly used for treasury management, cross-border settlements, and as alternatives to traditional banking, supported by institutional adoption from firms like BNY and Standard Chartered. Visa's stablecoin settlement pilot also expanded, highlighting stablecoins' growing role in reducing remittance costs and improving global payment infrastructure. Circle plans to launch its Arc blockchain mainnet in September to further support institutional and ecosystem growth.
Vertex Pharmaceuticals reported a 12% revenue increase to $3.33 billion in Q2, driven by its dominant cystic fibrosis treatments. UBS raised its price target from $585 to $615, reflecting confidence in Vertex's strong financials and growth potential....
Accenture's stock surged 37.6% recently, driven by rising demand for AI services and new AI-focused offerings. The company outpaced industry growth and secured 100 new clients for advanced AI projects in one quarter. An analyst raised the price targe...
SpaceX, trading near $148 per share with a market cap of about $1.95 trillion, is preparing for Starship's first orbital mission and the deployment of its first operational Starlink V3 satellites. This milestone is key for expanding Starlink's global...
Ethereum's price fell below the critical $2,700 level on Binance spot trading, reaching $2,696 as of 9:37 a.m. ET on September 28. This break is notable because $2,700 is a closely watched support level by traders. Despite this drop, ETH's price was ...
World Assets, Ltd. has completed multiple over-the-counter (OTC) sales totaling $49 million in the past month, involving their token WLD. Each transaction is subject to a one-year lockup period, meaning the tokens cannot be sold or transferred during...
