Despite his skepticism, Thorn said Galaxy joined the Open USD (OUSD) coalition because past consortium failures do not necessarily mean the new initiative cannot succeed.
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Open USD has some big backers, but it still needs to launch its stablecoin.
This is the biggest development in stablecoins in years.
Closely followed investor Cathie Wood bought the dip in several crypto stocks during June. ...
This cryptocurrency stock is poised to end the shortened trading week on a high note.
Jeremy Allaire argues OUSD's consortium model is structurally difficult to scale. Circle points to its own Centre Consortium as evidence that shared governance failed. ...
The market liked it with HOOD shares jumping 8% and their crypto perp dex partner up even more. Plus crypto's latest unicorn is crowned.
Web3 Innovation Awards:- CoinGape has officially announced the winners of the Web3 Innovation Awards 2026. During a live virtual ceremony held yesterday, the event was broadcast to thousands of viewers worldwide and celebrated the companies, platforms, founders, and innovators driving the next phase of blockchain adoption. The awards attracted 180+ nominated projects across 32 award
Circle Internet Group (NYSE: CRCL) is a popular crypto company best known for its USDC stablecoin. Pegged 1:1 to the U.S. dollar, USDC holds the same value as the dollar. Along with Tether's USDT, USDC is the dominant stablecoin player. But there is a new player in town now called Open ...

Scott Melker explains what to know about an upcoming stablecoin, Open USD, and why it's hitting Circle (CRCL) stock so hard. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.
Analysts don't think the threat of a new stablecoin launch was enough to warrant a major Circle (CRCL) sell-off on Tuesday.
Circle stock sank yesterday on a report that fintech giants are set to launch a rival stablecoin venture. Here’s why that may prove significantly bearish for CRCL shares.
In late June 2026, Circle Internet Group (NYSE:CRCL) was removed from multiple Russell growth indices, including the Russell 1000, 3000, and Midcap Growth benchmarks as part of the annual reconstitution. This broad index exit coincides with Circle’s strengthening regulatory position in stablecoins, as MiCA compliance keeps USDC and EURC listed in the EU while key competitors withdraw. We’ll now examine how Circle’s index removals, alongside its MiCA-driven regulatory advantage, affect the...

Scott Melker discusses President Trump's latest financial disclosures, which show he earned nearly $1 billion from crypto-related ventures, while many investors in Trump-branded crypto tokens have suffered huge losses. He also discusses the launch of a new stablecoin that sent Circle Internet Group (CRCL) shares down 15%, as well as bitcoin's (BTC-USD) weakest first-half performance since 2022. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.
Open USD launched with 140 backers. Here is how the new stablecoin could pressure the USDC yields earned on Aave.
MS moves closer to a federally supervised digital-asset trust after winning conditional OCC approval, advancing its long-term crypto custody strategy.
Analysts are divided on the impact of Open USD, a new competitor stablecoin introduced by Stripe and others, which has caused investor concern.
Open USD takes a shot at USDC and USDT, with backing from heavy hitters including Visa, Mastercard and Google.
Pre-Market Stock Futures: Futures are trading lower as we get ready to start the third quarter after a record-setting second quarter that saw the Dow Jones Industrial Average close at 52,317, up 0.26% to finish the venerable index’s best first half since 2021, while the Nasdaq finished the session at 26,213, up 1.52% for the ... Here Are Wednesday’s Best Wall Street Analyst Research Calls: Abbott Laboratories, Circle Internet, Dow, Kratos Defense, Lockheed Martin, Salesforce, ServiceNow,SpaceX,
Circle Internet Group stock has dropped sharply over the past year, yet the current checks still suggest the shares are not an obvious bargain. This sets up a clear tension for investors trying to work out whether recent weakness has gone far enough. Over the past 12 months the share price has fallen 67.5%. This raises the question of whether the recent sell off now reflects the business risks or has swung too far. Regulatory tailwinds around stablecoin clarity and Circle's efforts to deepen...
OUSD launches with 140+ partners including Visa, Mastercard, Stripe, BlackRock and Coinbase. Revenue-sharing model overturns the issuer-keeps-the-reserves economics of USDT and USDC. Coinbase and ...
Cathie Wood’s ARK Innovation ETF bought 202,095 shares of SoFi Technologies on Tuesday even as the company launched SoFi Small Business Loans.
As MiCA delists USDT across the EU today, Circle's USDC and EURC keep their listings, and BNY just backed USDC too.
There is a new stablecoin in town, and an old player's stock is facing the heat. A stablecoin is an integral part of the DeFi infrastructure. It is a cryptocurrency designed to hold a steady value by pegging to an asset like the dollar, typically backed by reserves such as cash and ...
Coinbase and Robinhood give investors two different ways to bet on the future of digital finance: crypto infrastructure or a broader retail trading platform. The comparison turns on growth, valuation, and which model can better withstand shifting markets and regulation.
A consortium led by credit card giants Visa (NYSE: $V) and Mastercard (NYSE: $MA) have launched a new global stable...