Circle, the issuer of USD Coin (USDC), reported $1.395 billion in revenue and reserve income for the first half of 2026, including $1.32 billion from reserve income. Distribution and transaction costs totaled $815.8 million, with $655.3 million paid to Coinbase under partnership agreements tied to USDC holdings and ecosystem activity. USDC circulation grew 31.7%, boosting reserve income despite a slight yield decline. Circle also launched Open USD (OUSD) with fee-free minting and burning, integrating Coinbase as a partner from October 1. This financial performance highlights Circle's significant revenue from stablecoin operations and its strategic partnerships.
The story on Coinbase backing OUSD and Circle's $655M distribution costs to Coinbase provides context amid a broader cryptocurrency market snapshot. As of Oct 18, 2026 07:21 WIB, out of 50 major cryptocurrencies tradable on Pluang, 6 rose and 43 fell. Notable movers include SNX at Rp3.819 with a 1-day change of -6.07% and a typical hold time of 70 days, DOT at Rp19.915 down 5.79% with a hold time of 121 days, and XTZ at Rp5.402 down 4.56% with a hold time of 100 days.
In the 91st week of President Trump's second term, Congress voted unanimously (420-0) to publicly release taxpayer-funded sexual misconduct settlement records. The Trump administration also reported significant actions including dismantling millions ...
The Fidelity Crypto Industry and Digital Payments ETF (FDIG) is rated a Hold as of October 14, 2026, trading around $39.4 with $235 million in assets and a 0.39% expense ratio. The fund is composed of roughly 66% crypto miners, mainly bitcoin miners,...
Ampleforth (AMPL) surged 13.68% within 15 minutes to $1.33, recovering from earlier sharp declines in October. Over 24 hours, it gained 4.42%, reaching a market capitalization of approximately $2.73 million. The token had previously fallen 10.16% in ...
Bored Ape Yacht Club (BAYC) has introduced Mudwater, a new physical and digital trading card series on the Solana blockchain. The series features 10,000 boxes, each with 24 packs of 10 cards, including rare foil and numbered cards. A 2.5% transaction...
A large Bitcoin long position worth $110 million, held by a whale, has a market stop set at $80,500. This stop is positioned $466 above the liquidation price of $80,034, covering 1,360 BTC. This setup indicates the whale's risk management strategy to...
