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USDC leads stablecoin growth, adding $584M in a week as market nears $310B total supply

Market News
06 Sep 2026
Crypto Briefing
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Bullish
USDC leads stablecoin growth, adding $584M in a week as market nears $310B total supply

The stablecoin market is expanding, with USDC driving much of the growth by adding $584 million to its market cap in one week. USDC now holds about 24% of the total stablecoin market, which is approaching $310 billion in supply. Despite Tether's USDT dominating with 60% market share, USDC outperforms in on-chain transaction volume, capturing 60-70% during several periods in 2026. This steady growth reflects consistent demand rather than one-time spikes, alongside contributions from Ethena's USDe and PayPal's PYUSD stablecoins.

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Urban Air Mobility market to hit $16.27B by 2035, driven by eVTOL tech and smart city growth

Urban Air Mobility market to hit $16.27B by 2035, driven by eVTOL tech and smart city growth

The global Urban Air Mobility (UAM) market is projected to grow from $2.16 billion in 2026 to $16.27 billion by 2035, at a CAGR of 20.9%. This growth is fueled by rising urbanization, traffic congestion, and advances in electric vertical takeoff and ...

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32 minutes ago
Analyst sets $650 price target for Meta amid concerns over rising AI spending.

Analyst sets $650 price target for Meta amid concerns over rising AI spending.

Scotiabank analyst Nat Schindler set a $650 price target for Meta Platforms, about 6.8% below its then-current price of $697.52. Despite Meta's strong revenue from Facebook, Instagram, and WhatsApp, investor concerns over increased artificial intelli...

Analyst Insights
Bearish
1 hour ago
UBS keeps Buy on Berkshire Hathaway amid strong cash reserves and strategic investments.

UBS keeps Buy on Berkshire Hathaway amid strong cash reserves and strategic investments.

UBS maintains a Buy rating on Berkshire Hathaway's Class A shares, currently trading near $811,320. The company's diverse portfolio and substantial cash reserves of about $360 billion provide stability and investment flexibility. Investor confidence ...

Analyst Insights
Bullish
1 hour ago
Barclays misses Q3 earnings estimates despite 12% profit rise and £500M buyback plan

Barclays misses Q3 earnings estimates despite 12% profit rise and £500M buyback plan

Barclays PLC reported Q3 2026 earnings with EPS of $0.66 and revenue of $9.86 billion, both slightly below analyst estimates. Pre-tax profit rose 12% year-over-year to £2.32 billion but missed forecasts due to a 19% decline in fixed-income revenue, p...

Company Fundamentals
Bearish
1 hour ago
Comfort Systems USA expects strong Q3 2026 growth with $12.85 EPS and $3.4B revenue forecast.

Comfort Systems USA expects strong Q3 2026 growth with $12.85 EPS and $3.4B revenue forecast.

Comfort Systems USA is set to report strong Q3 2026 results, with analysts predicting earnings of $12.85 per share and revenue around $3.40 billion, driven by high demand in data centers and a record $14.06 billion backlog. The company showed robust ...

Company Fundamentals
Bullish
1 hour ago
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