Circle Internet Group's shares fell about 13% after over 140 companies, including Visa, Mastercard, and Coinbase, announced Open USD, a new stablecoin competing with Circle's USDC. Open USD offers zero-fee minting and shared reserve income, threatening Circle's revenue from USDC reserves. Circle's CEO defended USDC's market position, while Coinbase sees the new stablecoin as expanding the market. Open USD is expected to launch later this year, challenging the dominant USDC stablecoin.
Breckenridge Distillery, a subsidiary of Tilray Brands, earned Double Gold and a 96-point score for its Rum Cask Finish at the New York International Spirits Competition, marking the highest honor. The distillery was also named Colorado Distillery of...
The Organic Produce Summit 2026, held July 14-16 in Monterey, California, features a comprehensive education program with industry leaders discussing sustainability, market trends, and innovations in organic produce. Highlights include a new women's ...
Crédit Agricole has acquired 100% of CAWL's capital from Worldline, shifting their partnership from a capital-based to a commercial collaboration. CAWL will continue integrating Worldline's payment acceptance solutions in its offerings, aiming to str...
Crédit Agricole has fully acquired CAWL from Worldline, transitioning their partnership from equity-based to a commercial model. CAWL will continue integrating Worldline's payment acceptance solutions, aiming to strengthen its position in French merc...
Omnea, an AI-driven procurement platform, has launched the Omnea Future Founders Fund in partnership with Firedrop to support employees who want to start their own companies after five years at Omnea. Employees can pitch for $250,000 in seed funding ...
