Crypto Daily·
140+ partners back Open USD as Visa, Mastercard, Stripe, Coinbase and BlackRock rally behind a no-fee mint model. Here’s how it reshapes stablecoin rails.
Read full articleVisa, Mastercard, Coinbase, and more than 140 businesses have launched Open Standard, a new stablecoin consortium that plans to issue a U.S. dollar pegged token called Open USD later this year. According to Open Standard, the initiative is designed to…
Backed by over 140 companies, Open USD promises zero-fee minting, collaborative governance, and reserve yield sharing ahead of its launch.
Ethereum and stablecoin whale deposits rose as Santiment tracked major CEX inflows in USDe, USDG, ETH, and stETH. Ethereum and stablecoin whale deposits rose over the past 24 hours, according to Santiment’s centralized exchange data. The largest tracked deposits included Ripple USD, Ethena USDe, Global Dollar USDG, Ethereum, and staked Ethereum. Stablecoins made up a […] The post Ethereum Whales Move Millions to Exchanges as Stablecoin Activity Surges appeared first on Live Bitcoin News.
Circle’s CRCL fell 17.5% to $62.63 after Russell Growth removals and Open USD launch fueled fresh USDC competition fears.
Taiwan’s legislative branch has passed the nation’s first crypto and stablecoin rules, which aim to integrate the country with the global crypto market.
Circle shares fell 16% after Open Standard unveiled OUSD, backed by 140+ firms with zero-fee minting and redemption. Circle shares dropped 16% after Open Standard announced Open USD, a new stablecoin for global payments and settlement. The move placed USDC’s parent company under fresh pressure. Open USD, also called OUSD, is expected to launch later […] The post Circle Stock Drops 16% After Open USD Shakes the Stablecoin Market appeared first on Live Bitcoin News.
17% slide in CRCL shares followed Open USD’s launch as a 140+ partner stablecoin network returns reserve yield to participants. USDC’s moat faces a new test.
Recent data released by the Central Bank of Brazil reveals that demand for digital assets and stablecoins has exploded in Brazil, with purchases surging 155% YoY until May 2026, when Brazilians purchased $12.138 billion worth of these assets. Brazilian Digital Asset Demand Explodes in 2026 The hunger for digital assets in Brazil remains unquenched, even […]
