The investment bank said new competition from the Stripe- and Coinbase-backed stablecoin consortium could pressure USDC's growth.
Stablecoins
Crédit Agricole S.A. has launched a euro-backed stablecoin called EURXT and used it to settle the first...
EURXT debuted with 20 million tokens in circulation, backed 1:1 by euro reserves at Caceis Bank, and...
The EU is reviewing whether its landmark crypto regulation MiCA needs updating for a market reshaped by...
Circle shares fell sharply on Tuesday, after a consortium of more than 140 companies, including Visa, Mastercard,...
The Stripe- and Coinbase-backed stablecoin consortium can challenge Circle's business model, but analysts say building a network...
Visa, Coinbase, Stripe, Mastercard and more than 140 other companies are launching a new stablecoin called Open...
The Financial Conduct Authority's proposal follows the Bank of England's backtracking on the limit to the value...
BNY has added USDC mint and burn capabilities to its Digital Asset Custody platform, giving institutional clients...
The world's largest custody bank is adding USDC custody and minting services as stablecoins move deeper into...
