Tether Takes Lead In Stablecoin Market As Competitors Struggle Tether's market share surges while USD Coin and others decline, driven by factors including collapses and regulatory concerns. Zenger · Aug 3, 2023
Future of Finance: Circle’s Allaire says U.S. lawmakers may be ‘late to the party’ with crypto, but it won’t hold back the world’s largest economy “When the U.S. does lay down its rules,” added the Circle CEO, “it's going to be a highly competitive market.” Fortune · Jul 18, 2023
Circle hires former CFTC Chair Heath Tarbert as top lawyer Tarbert's experience and Washington connections may help Circle navigate hostile regulatory waters. Fortune · Jun 8, 2023
U.S. crypto industry dodges a bullet with USDC not listed among crypto securities in SEC lawsuit against Coinbase The popular stablecoin is a fundamental cog for the sector, despite its diminishing market cap. Fortune · Jun 6, 2023
How crypto can reshape the $130 billion remittance market in Latin America After years of setbacks, Bitso CEO Daniel Vogel says that crypto remittances have finally broken through. Fortune · May 3, 2023
Circle turns to Customers Bank for USDC payment settlement CEO and co-founder Jeremy Allaire on the future of the stablecoin giant. Fortune · Apr 27, 2023
Stablecoin legislation punted again as Republicans and Democrats butt heads: ‘We’re starting from scratch’ A bipartisan hearing devolved into uncertainty over regulation for the volatile sector. Fortune · Apr 19, 2023
Coinbase offered $3.3 billion backstop to Circle as USDC teetered In the hours before regulators expanded FDIC insurance, Coinbase and Circle came up with a backstop plan of their own. Fortune · Mar 20, 2023
FedNow is set to launch in July. What the instant payment service could mean for a digital dollar and stablecoins FedNow’s ability to give customers of traditional banks instant payments detracts from one of the main draws of a central bank digital currency. Fortune · Mar 16, 2023
Bank failures could spur Congress to act on stablecoins Digital assets chair French Hill and Circle's Dante Disparte weigh in. Fortune · Mar 15, 2023
How Silicon Valley Bank's collapse may affect crypto companies SVB’s failure was the biggest bank collapse since Washington Mutual Bank in 2008. Fortune · Mar 13, 2023
What the collapse of crypto banks could mean for stablecoins Providers like Circle are searching for solutions to fill the void. Fortune · Mar 13, 2023
Circle adds Cross River as banking partner and expands BNY ties, USDC peg closes An announcement by Circle about new banking partners comes as the brief de-pegging of USDC came to an end. Fortune · Mar 13, 2023
Collateral damage from Silicon Valley Bank's explosion The tech ecosystem has been tossed into turmoil as , one of the nation’s largest banks for startups, collapsed Friday following a run on deposits. Now, with the bank’s assets frozen and under the control of the Federal Deposit Insurance Corporation, SVB’s customers, employees, and investors are grappling with a… Fortune · Mar 11, 2023
The Guardian - US · Mar 11, 2023 USD Coin value falls after revealing $3.3bn held at Silicon Valley Bank The stablecoin fell as low as $0.87 as Circle broke the news that its reserves were at the collapsed lender
Fortune · Mar 11, 2023 Circle reveals it has $3.3 billion stuck at Silicon Valley Bank as USDC wobbles against its peg The company insisted that it was protecting the stablecoin from a "black swan failure."
Fortune · Feb 22, 2023 Binance aggressively converted rivals' stablecoins in a massive cash grab. It didn't always tell its customers Blockchain data suggests Binance may have been converting users' collateral without permission.
Fortune · Feb 21, 2023 Coinbase beats revenue estimates but still posts $2.6 billion loss for 2022 amid Crypto Winter Revenue from stablecoin USDC continues to be a bright spot for the exchange.
Fortune · Feb 13, 2023 Binance stablecoin in peril as U.S. regulators force Paxos to stop issuing BUSD Binance says that the market cap for BUSD will decrease over time.
Fortune · Dec 9, 2022 Coinbase tells customers to switch to stablecoin it cofounded—without fees The company implied that the fallout of FTX put “some stablecoins to the test.”
Zenger · Nov 8, 2022 Coinbase Customers ‘HODLing’ While Company Cuts Costs: What 5 Analysts Are Saying After Q3 Earnings Analysts are reacting to the third-quarter earnings report from Coinbase Global (NASDAQ: COIN)
Benzinga · Nov 7, 2022 5 Boston Fintechs Aiming To Make Your Financial Life Easier Financial technology, or fintech, is cutting-edge technology used to help improve and automate the delivery of financial services. Fintech companies are not financial institutions, but instead financial applications like Zelle and Venmo that help both businesses and individuals send money faster and easier.
Benzinga · Nov 4, 2022 Coinbase Customers Are 'HODLing' While Company Cuts Costs: What 5 Analysts Are Saying After Q3 Earnings Analysts are reacting to the third-quarter earnings report from Coinbase Global (NASDAQ: COIN).
Benzinga · Oct 25, 2022 Laguna Labs Launches The World's First Flatcoin Pegged To The Cost Of Living In a time of record inflation in the U.S., the idea of "flat" has its appeal.
Benzinga · Aug 29, 2022 MakerDAO Co-founder Recommends DAI-USD Depegging: 'No Option But To Prepare To Free Float Dai' MakerDAO co-founder Rune Christensen has reached out to the community in light of recent conversations of decoupling its native token from USD Coin (CRYPTO: USDC) amid the sanctioning of Tornado Cash to explain w