Open Standard launched Open USD, a new dollar-pegged stablecoin backed by over 140 partners including Visa, Mastercard, Stripe, Coinbase, and BlackRock, introducing a model that shares reserve yield with distribution partners. This challenges Circle's USDC, which traditionally retains most yield at the issuer level, causing Circle's stock to drop and prompting a downgrade by Mizuho Securities due to margin pressure. The shift to yield pass-through could force Circle to increase partner rebates, raise liquidity costs, and complicate compliance, potentially eroding its market share and margins. Investors should watch Circle's response on revenue-sharing, USDC supply trends, and liquidity incentives to gauge the competitive impact going forward.
Shirofune has introduced Walmart Connect, an integration that allows advertisers and agencies to manage Walmart retail media campaigns alongside other digital channels within a single platform. This automation reduces manual bid adjustments and repor...
Purecore Metals Inc. has signed a non-binding letter of intent with Skyharbour Resources to acquire an option to earn up to 100% interest in the Yurchison uranium property in Saskatchewan's Athabasca Basin. The property covers over 35,000 hectares an...
Point completed a $508.6 million rated asset-backed securitization of its Home Equity Investment (HEI) assets, marking the largest transaction ever in the HEI asset class. The deal attracted over 30 institutional investors and priced at significantly...
The global reactive hot melt adhesives market is projected to grow from $2.02 billion in 2025 to $4.29 billion by 2035, at a CAGR of 7.72%. Growth is driven by regulations limiting solvent-based adhesives, increased use of polyurethane adhesives in a...
Binance co-founder Changpeng Zhao highlighted the difference between Bitcoin and artificial intelligence (AI) as investment themes, stating Bitcoin protects against inflation while AI offers growth without that hedge. Despite crypto capital shifting ...
