Open USD Challenge Threatens USDC Dominance, Says CoinShares
CoinShares warns Open USD's profit-sharing model could undermine Circle's USDC dominance by 2026, challenging its margin structure.
2 min read
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CoinShares warns Open USD's profit-sharing model could undermine Circle's USDC dominance by 2026, challenging its margin structure.
2 min read
Ripple Labs has introduced RLUSD, a new USD-backed stablecoin operating on the XRP Ledger. This move positions Ripple to compete directly with established stablecoins like USDC and USDT, offering a regulated alternative within its ecosystem.
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JPMorgan analysts warn that Hyperliquid's increasing popularity and its partnership with Circle and Coinbase could destabilize the economics underpinning the USDC stablecoin, creating a competitive pressure.
3 min read
A pivotal moment for U.S. crypto regulation saw Circle and Coinbase shares drop sharply after the CLARITY Act stalled in the Senate.
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Major financial players including Visa, Mastercard, and Ripple are now supporting x402, a stablecoin payment protocol that processed $24M in transactions last month.
2 min read
Japanese investment bank Mizuho has downgraded Circle, citing growing competitive pressure from Open USD’s innovative yield model threatening Circle's profit margins.
2 min read