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.
Circle's USDC stablecoin led the stablecoin market in the first half of 2026, accounting for about 70% of adjusted transaction volume, far ahead of Tether's USDT at 25%. In June 2026, stablecoin transaction volume reached a record $1.79 trillion, a 6...
Bitcoin started July strong, trading above $63,000 after a tough first half of 2026, with a 6.09% weekly gain despite being down nearly 28% year-to-date. The rebound is driven by large holders aggressively buying the dip, while institutional demand w...
XRP's market capitalization has approached that of USDC, narrowing the gap from $75.66 billion vs. $71.65 billion in early June to $72.93 billion vs. $70.81 billion by early July 2026. Despite brief intraday data suggesting XRP might have overtaken U...
Revolut will stop supporting Tether's USDT stablecoin by August 31, 2026, to comply with the EU's MiCA regulations, which require stablecoins to have EU approval. Users can no longer buy USDT after July 6 and deposits will be disabled after July 30. ...
Revolut will stop supporting the stablecoin USDT on August 31, 2026, due to the European Union's new Markets in Crypto-Assets (MiCA) regulations. Users can buy USDT until July 6 and deposit until July 30, with the option to sell or transfer USDT unti...
