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.
A report by crypto market maker Keyrock reveals that 98.6% of AI agent crypto transactions between May 2025 and April 2026 were settled in the stablecoin USDC. This dominance underscores USDC's role as the preferred settlement asset in the emerging m...
The Trump administration, through a partnership between Better Home & Finance and Coinbase, introduced the first conforming mortgage that allows borrowers to use Bitcoin (BTC) or USDC stablecoin as collateral, backed by Fannie Mae. This new mortgage ...
Coinbase Exchange has activated full trading capabilities—including limit, market, and stop orders—for Wrapped Ronin (WRON) and Nexus (NEX) tokens against the US dollar. This upgrade coincides with Coinbase expanding its USDC trading pairs to 237, in...
Tether's USDT stablecoin supply surged by over $5 billion in one month, reaching nearly $190 billion and capturing about 60% of the stablecoin market. Meanwhile, competitors like USDC, PYUSD, and USDe lost a combined $4.2 billion, reflecting a market...
