Standard Chartered Partners with Circle to Launch Institutional USDC Minting

The working group's final term committed $450,000 in USDC and 72.5 ETH to Ethereum infrastructure projects including Vyper, Argot Collective and Remix Labs before it was wound down.

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.

Institutions will be able to combine custody, banking and stablecoin services through a single onboarding process.

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.

Metaplanet added 2,823 BTC, increasing its corporate Bitcoin treasury to 43,000 BTC. The company invested about $222 million while improving its average Bitcoin cost basis. Metaplanet targets 100,000 BTC by 2026 and expands into regulated financial services. Metaplanet has expanded its Bitcoin treasury with another 2,823 BTC, raising total holdings to 43,000 BTC. The latest […] The post Metaplanet Adds 2,823 BTC as Bitcoin Treasury Strategy Accelerates appeared first on Live Bitcoin News.

Standard Chartered and Circle launch bank-led USDC minting and redemption for institutions, starting in Dubai’s DIFC with planned global expansion.