Circle, issuer of USD Coin (USDC), received approval to operate as a federally regulated trust bank in the U.S., marking a key step toward stronger regulatory oversight and deeper ties between stablecoins and mainstream finance. This approval may expand Circle's ability to offer regulated custody and services, enhancing institutional confidence in USDC. Meanwhile, bipartisan support grows for the "Clarity Act," which aims to clarify digital asset regulations, potentially reducing market uncertainty. Corporate blockchain use is also advancing, highlighted by Hyundai's fast cross-border payment test using Tether on Avalanche, signaling growing enterprise adoption of crypto payment rails.
Crypto card spending surged to $759 million monthly by July 2026, with dollar-backed stablecoins USDC and USDT capturing 84% of the market. Euro-backed stablecoin EURe's share plummeted from 88% in early 2024 to just 2%, marking a dramatic shift. Thi...
Binance's August 1, 2026 proof of reserves report confirms that Bitcoin and Ethereum holdings fully cover user balances at 100.25%, with stablecoins like USDT, USDC, and USD1 backed even higher. This snapshot, verified using advanced cryptographic me...
PayPal USD (PYUSD) and USD Coin (USDC) are seeing increased user adoption and network activity even as overall stablecoin market liquidity has declined by about $16 billion in three months. PYUSD added 863 new wallets in one day, signaling growing re...
Hyperliquid's HYPE token surged 79.2% in Q2 2026, reaching a record $76.90 despite a 14.1% drop in Bitcoin. The protocol reported a 93% outperformance over Bitcoin, driven by recovering revenue and higher trading volumes, with annualized revenue hitt...
