Circle, the issuer of USDC stablecoin, submitted a comment letter to the U.S. Office of the Comptroller of the Currency (OCC) regarding the proposed GENIUS Act rulemaking. Circle emphasized the need to clearly distinguish payment stablecoins from tokenized deposits, arguing they serve different purposes and should not be regulated interchangeably. The company also called for a level playing field for all stablecoin issuers to prevent regulatory arbitrage and ensure consumer trust. This feedback comes as the crypto industry awaits clearer regulatory frameworks, with Circle's stock recently rising on hopes for regulatory clarity.
Cryptocurrency markets display varied price changes, with Bitcoin trading near $62,833, up 0.99%, and Ethereum around $1,744, up 0.24%. Other notable coins like Binance Coin and Avalanche also show modest gains, while some altcoins experience slight ...
Uniswap has integrated Sky Ecosystem's LitePSM into its routing engine, enabling zero-slippage swaps between stablecoins like USDS, DAI, and USDC. This integration is part of the Stablecoin FX Layer initiative aimed at making on-chain stablecoin trad...
Recent data from Dune Analytics shows stablecoins USDT and USDC are specializing rather than competing directly. USDT dominates stablecoin payments with $95 billion in transactions, mainly through the Tron network, serving as a key tool for internati...
U.S. President Donald Trump expressed strong support for cryptocurrency, emphasizing the need for America to lead in digital assets to compete with China. He criticized previous regulatory approaches that hindered crypto industry growth. Meanwhile, s...
In 2026, USDC surpassed USDT in adjusted stablecoin transaction volume, handling about 70% of real economic activity despite USDT maintaining a larger market cap. This shift reflects a bifurcation in the stablecoin market: USDC dominates institutiona...
