Crypto Briefing·
Circle's market dominance faces pressure as new stablecoin models could force revenue-sharing, impacting its profit margins significantly. The post Circle shares tumble 18% on Open USD stablecoin launch before Thursday rebound appeared first on Crypto Briefing.
Read full articleThe launch of the Ripple-backed Open USD (OUSD) stablecoin has been overshadowed by a suspected fake issuer account that XRP Ledger validators have warned users not to trust. Validators say the listed OUSD issuer cannot be verified According to XRP…
Institutions will be able to combine custody, banking and stablecoin services through a single onboarding process.
Standard Chartered partners with Circle to launch institutional USDC minting and redemption, becoming the first G-SIB bank to offer integrated regulated stablecoin services. Standard Chartered has partnered with Circle to launch institutional USDC minting and redemption services. The new service enables qualified institutions to use the bank to access USDC. Furthermore, Standard Chartered is the […] The post Standard Chartered Partners with Circle to Launch Institutional USDC Minting appeared first on Live Bitcoin News.
Tether and Circle built their businesses by keeping the interest on the dollars behind their coins. A new kind of stablecoin, run and owned by a group instead of a single company, shares that money instead. Here is how the…
Standard Chartered is the first Global Systemically Important Bank authorized to let institutions mint and redeem Circle's USDC.
OUSD's powerful backers and partner-driven incentives have fueled concerns that Circle faces one of its biggest competitive challenges to date.
Standard Chartered and Circle launch bank-led USDC minting and redemption for institutions, starting in Dubai’s DIFC with planned global expansion.
Ripple Open USD news puts Ripple inside a stablecoin backed by Visa, Mastercard and BlackRock. It skips XRPL, so does it help XRP?
