Circle received approval from the OCC on July 10 to establish a bank called Circle National Trust. That does not give the USDC issuer the powers most people associate with a commercial bank ... Jun 30, 2025 · Gino Matos ... ....
Circle’s stock rebounded 7% on Monday following a 17% plummet the previous Tuesday, triggered by the announcement of a rival stablecoin, OpenUSD. The Battle for ReserveYield The stock of Circle, the issuer of the USDC stablecoin, jumped... .
From an unprecedented multi-billion dollar public equity proposal by the world's leading AI lab to game-changing consortium stablecoins shaking up legacy stock markets, here are the global crypto and tech stories you might have missed this week ... .
More than 140 companies, including Visa, BlackRock, Stripe, Mastercard, and Coinbase, have come together to launch OpenUSD (OUSD), a new fee-free stablecoin designed for seamless business use.
A July 3 Chosun Biz report said several Korean companies named in connection with the OUSD alliance had neither held official consultations with the issuer nor expressed a willingness to review participation.
Upbit said it only expressed interest in potentially joining the OpenStandard ecosystem in the future, as several South Korean firms distanced themselves from the OUSD initiative ... .
Several South Korean firms, including Samsung Electronics and Dunamu, said they were listed in OUSD consortium materials without formal agreement or consultation ... For now, the disclosure itself has become the first market test for OUSD.
Ripple joined the OpenUSD (OUSD) stablecoin consortium ... The group's stablecoin product (OUSD) does not run directly on the XRP Ledger, creating questions about the direct impact on XRP ... Ripple joined the Open USD (OUSD) stablecoin consortium.