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USDC cuts cross-border settlement costs by 25-30% for LuLu Financial and Circle

Market News
10 Sep 2026
Crypto Economy
View Source
Bullish
USDC cuts cross-border settlement costs by 25-30% for LuLu Financial and Circle

LuLu Financial Holdings has reduced its cross-border settlement costs by 25-30% using USDC compared to traditional correspondent banking methods. This operational cost saving highlights the efficiency of digital currencies like USDC in global remittances. The collaboration with Circle and LuLuFin demonstrates the potential for broader adoption of blockchain-based solutions to lower fees and speed up international money transfers.

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Bill Gross launches Idealab.ai to share 1.2M AI-generated business ideas and boost global entrepreneurship.

Bill Gross launches Idealab.ai to share 1.2M AI-generated business ideas and boost global entrepreneurship.

Bill Gross, a serial entrepreneur behind over 175 companies, has launched Idealab.ai, a platform using AI to generate and share over 1.2 million business ideas based on real-world problems. The platform aims to lower barriers to entrepreneurship by h...

Others
Bullish
42 minutes ago
Cardinal Infrastructure faces securities fraud probe after Q2 profit margin drop and stock plunge.

Cardinal Infrastructure faces securities fraud probe after Q2 profit margin drop and stock plunge.

The Portnoy Law Firm has launched an investigation into Cardinal Infrastructure Group for possible securities fraud following the company's Q2 2026 financial report. Cardinal revealed a decline in its gross profit margin to 10.8%, down from 13.9% the...

Market News
Bearish
42 minutes ago
AIOS Tech to acquire SmartCore in $100M all-stock deal to boost cross-border network and data center services

AIOS Tech to acquire SmartCore in $100M all-stock deal to boost cross-border network and data center services

AIOS Tech Inc. announced an agreement to acquire SmartCore Holdings Limited in an all-stock transaction valued at approximately $100 million. The deal will issue 33.3 million AIOS shares to SmartCore's sellers, who will hold about 80% of AIOS shares ...

Company Fundamentals
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42 minutes ago
Phase II trial shows XBiotech's vilamakitug improves survival in refractory metastatic colorectal cancer.

Phase II trial shows XBiotech's vilamakitug improves survival in refractory metastatic colorectal cancer.

XBiotech announced positive results from the Phase II TASKIN trial, where their antibody vilamakitug combined with standard chemotherapy improved 12-month overall survival to 61.3% in refractory metastatic colorectal cancer patients, surpassing the s...

Company Fundamentals
Bullish
42 minutes ago
Proof and Circle demo AI agents proving identity and paying in USDC for trusted transactions

Proof and Circle demo AI agents proving identity and paying in USDC for trusted transactions

Proof and Circle Internet Group demonstrated a new system where AI agents can prove the identity of the person they represent using Proof's x401 open identity protocol and pay merchants in USDC via Circle's x402 payment protocol. This innovation addr...

Market News
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