Investment
Features
FeesSafety
Academy
More
Pluang+

Open USD backed by Coinbase, Visa, Mastercard seen as complement, not threat, to Circle's USDC stablecoin.

Market News
04 Aug 2026
Coindesk
View Source
Neutral
pluang ai news

The launch of Open USD, supported by Coinbase, Visa, and Mastercard, initially caused Circle's USDC market value to drop amid fears of direct competition. However, executives from these firms clarified they support multiple stablecoins and view Open USD as an additional payment network rather than a replacement for USDC. Analysts note that many partners have only lightly committed to Open USD, emphasizing that execution and existing liquidity in USDC and USDT remain key to stablecoin adoption. The involvement of major payment firms could still accelerate stablecoin use in payments, regardless of which token dominates.

More News

Valvoline beats Q3 earnings and revenue estimates with 24.1% revenue growth.

Valvoline beats Q3 earnings and revenue estimates with 24.1% revenue growth.

Valvoline reported strong financial results for Q3 ending June 2026, surpassing analyst expectations with an EPS of $0.57 versus the estimated $0.50. Revenue rose 24.1% year-over-year to $544.60 million, slightly above forecasts. This performance hig...

Company Fundamentals
Bullish
1 hour ago
Cboe Global Markets jumps on strong Q2 earnings and raised 2026 revenue guidance.

Cboe Global Markets jumps on strong Q2 earnings and raised 2026 revenue guidance.

Cboe Global Markets reported strong Q2 2026 results with adjusted EPS up 45% to $3.56 and record net revenues of $731.6 million, a 25% increase. Growth was driven by a 30% rise in Options revenues and 22% growth in Cash and Spot Markets. The company ...

Company Fundamentals
Bullish
1 hour ago
Lawsuit filed against Smartsheet for not disclosing buyout offer during stock repurchase program.

Lawsuit filed against Smartsheet for not disclosing buyout offer during stock repurchase program.

Wolf Popper LLP has filed a securities class action lawsuit against Smartsheet Inc. on behalf of shareholders who sold stock between June and September 2024. The lawsuit alleges Smartsheet failed to disclose a formal acquisition offer from a consorti...

Market News
Bearish
2 hours ago
Orange reports stable total shares and voting rights as of July 31, 2026, under French regulations.

Orange reports stable total shares and voting rights as of July 31, 2026, under French regulations.

Orange has disclosed the total number of shares and voting rights as of July 31, 2026, in compliance with French commercial law. The company maintains 2.66 billion shares with approximately 3.17 billion exercisable voting rights, reflecting adjustmen...

Company Fundamentals
Neutral
2 hours ago
Orange updates total shares and voting rights as of July 31, 2026, per French market regulations.

Orange updates total shares and voting rights as of July 31, 2026, per French market regulations.

Orange has disclosed the total number of shares and voting rights as of July 31, 2026, in compliance with French commercial and financial market regulations. The company detailed the number of shares composing its capital, shares held in treasury wit...

Company Fundamentals
Neutral
2 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App