Circle’s emailed passcode failed to stop 9 of 10 AI models from raising wallet caps
9 out of 10 frontier AI models that were given access to a user’s inbox raised their own spending cap on a Circle agent wallet at least once. They read…
USDC
43 articles
Stablecoins
Circle targets 40 new markets as stablecoin demand grows
Circle plans to expand into roughly 40 emerging and developing markets as demand for stablecoins grows globally, Chief Executive Jeremy Allaire told Reuters , signaling a push to broaden the…
Latin America
Circle Targets Latin America’s Payments Market With USDC Settlement Pilot in Colombia
TL;DR: Circle partnered with technology firm ACI Worldwide to integrate settlements using the USDC stablecoin into existing banking infrastructure in Latin America. The initial pilot project is being implemented in…
Crypto Market
Ripple and Robinhood Expand RLUSD for Institutional Settlement
TLDR: RLUSD is going live on Robinhood Chain and Bitstamp, while a listing on Robinhood’s main trading app is expected later this year. Robinhood will use Ripple Treasury for internal…
Bitcoin
Coinbase Institutional Co-CEO: Bitcoin’s “Second Wave” of Institutional Capital has Arrived
▶ Bitcoin Magazine Coinbase Institutional Co-CEO: Bitcoin’s “Second Wave” of Institutional Capital has Arrived Seven of the largest banks in the world are now running on Coinbase infrastructure, and Brett…
Derivatives
Prediction markets and derivatives drive Bernstein’s crypto stock outlook for Coinbase, Robinhood and Circle
Bernstein cuts Coinbase’s target while raising Circle’s as new products shift their earnings outlook.
USDC’s $4.69 billion loss makes up most of the stablecoin market’s monthly decline
As of Oct. 25, Circle’s USDC made up around 80% of the net 30-day drop among the 13 largest stablecoins, according to monthly DeFiLlama figures. Circle’s token lost $4.69 billion…
Crypto Market
Mastercard Reportedly Praises RLUSD Stablecoin at XRPL Event
TLDR: RLUSD stablecoin received reported praise during an XRPL Commons hackathon pitch session, but the account came from community member Lost Art rather than an official Mastercard release. Mastercard is…
Circle Gateway Expands Beyond USDC With cirBTC and EURC Support Across Blockchains
TL;DR: Circle integrated cirBTC and EURC into the Circle Gateway unified balance infrastructure, adding them to its initial compatibility with USDC. The tool enables cross-chain transfers with reported access times…
Hong Kong
HSBC RedCoin Stablecoin Targets 3.3M PayMe Users in Hong Kong
TLDR: HSBC RedCoin stablecoin starts a phased rollout on October 23, bringing peer-to-peer transfers and merchant payments to PayMe’s 3.3 million users. PayMe users can activate wallets after updating the…
Ethereum
SSV Labs Faces a Funding Reset as DIP-59 Shelves New Products
DIP-59 proposes pausing new product development until June 2027 as SSV Labs adjusts to tighter funding and challenging market conditions. The proposed funding will cover protocol maintenance, security, and compatibility…
Stablecoins
Crypto Rally Signals a Shift in Stablecoin Growth: USDT Gains Ground as USDC Slows
TL;DR: The Coin Metrics study covered four years of weekly observations to evaluate the relationship between market returns and token issuance. Statistical models explain 13% of the weekly variation in…
OCC’s final stablecoin rule lands after Congress stalls on yield
The Office of the Comptroller of the Currency (OCC) published its final GENIUS Act stablecoin rule on Wednesday. The OCC is officially the first federal regulator to go through with…
Payments
Lead Bank Launches USDC Cross-Border Payout Platform Covering 44 Countries
TL;DR Lead Bank launched a cross-border payment service that uses USDC to send funds to bank accounts in 44 countries. The platform allows businesses to convert dollars into USDC and…
COMP jumps 27% in a day while Compound’s TVL stays below September
Compound’s governance token COMP jumped 27.3% in the 24 hours to 1 p.m. ET on Oct. 20, outperforming Bitcoin and Ether. Lending protocol deposits have not yet followed suit, with…
Injective and BDACS strike deal to settle tokenized assets in won
Injective and South Korean custody firm BDACS have agreed to make the won-backed stablecoin KRW1 the only won settlement asset for tokenized real-world assets on Injective’s network. The two firms…
BIS economists find a 1bp deposit rate rise drops stablecoin growth to 12%
A 1-basis-point increase in US bank deposit rates trims the average 10-week stablecoin growth from about 15% to about 12%, according to a working paper from the Bank for International…
USDC Dominates AI Agent Payments As Circulating Supply Stays Above MiCA’s €5B Threshold For 12 Months
The stablecoin market is quietly evolving, as a new report indicates that Circle’s USDC leads on key metrics, underscoring its growing popularity. As stablecoins rapidly become the default settlement layer…
Stablecoins
Stablecoins Won’t Kill Banks, but They Could Force Finance to Change
TL;DR Stablecoins are challenging traditional banks by offering blockchain-based transfers that can operate around the clock , particularly for cross-border payments. However, they do not automatically provide deposit insurance, credit…
Circle Targets Emerging Markets With $400M Tazapay Acquisition
TLDR: Circle plans to enter about 40 emerging markets as demand for digital-dollar payments grows across developing economies worldwide. The proposed $400 million Tazapay stock deal would add local payout…
Circle defends USDC economics as Open USD courts its partners
Circle (NYSE: CRCL) has published a long blog post explaining how it splits USDC revenue with partners on Friday, October 16. The post was authored by Circle’s chief commercial officer…
Revenue
Circle Posts $1.4 Billion in Revenue as USDC Crosses $36 Trillion Milestone
TL;DR Circle generated approximately $1.4 billion in revenue during the first half of 2026, while allocating $819 million to distribution partners and transaction costs. USDC surpassed $36 trillion in onchain…
Earnings
Circle details USDC revenue split, says $819 million went to partners and costs in H1 2026
Circle breaks down its USDC revenue: about $1.4 billion in H1 2026, $819 million to partners and transaction costs, $473 million reinvested.
Circle Targets 40 New Markets as USDC Demand Grows
Circle plans to expand into about 40 emerging and developing markets as global demand for stablecoins accelerates, CEO Jeremy Allaire said on October 16. The company is targeting regions including…
