Stablecoin
Utexo Launches Institutional-Grade Privacy USDT Settlement Solution Based on RGB Protocol
Utexo introduces a privacy-focused USDT settlement solution for institutional OTC desks built on Bitcoin's RGB protocol, offering confidential transactions with selective disclosure for audit purposes while addressing RGB implementation complexity challenges.
USDC Settlement Volume Surpasses USDT to Record High as Stablecoin Market Shifts Toward Compliance
New data from Visa shows Circle's USDC accounted for approximately 70% of adjusted stablecoin settlement volume in the first half of 2026, significantly outpacing Tether's USDT at roughly 25%. June transaction volume reached a record $1.79 trillion, up 125% year-over-year, as Wall Street banks and institutions accelerate stablecoin adoption for cross-border settlements and treasury management.
140+ Institutions Launch Open USD Stablecoin in Market Android Moment
Over 140 financial technology and traditional finance institutions have jointly announced the launch of Open USD stablecoin, challenging Circle USDC market position. This shared stablecoin model, operated by independent company Open Standard, is being described as the stablecoin market Android moment, signaling a shift from single-issuer dominance to multi-party consortium competition.
Gold Posts First Weekly Gain Since May as Fed Rate Hike Expectations Cool
Gold prices recorded their first weekly gain since May as traders scaled back expectations for Federal Reserve rate hikes, driving increased demand for safe-haven assets.
Open USD Stablecoin Launch Sparks Controversy Over 140+ Institutional Endorsements
Open Standard, a newly formed company, has launched the Open USD stablecoin claiming support from over 140 global fintech institutions including DoorDash and MercadoLibre. However, several companies listed as Open USD Consortium partners have publicly denied authorizing their inclusion, raising questions about the authenticity of the project's institutional backing.
Open USD Stablecoin Launches with 140+ Companies Building Open Payment Standard
Visa, Mastercard, Stripe, Coinbase, BlackRock, Google, Cloudflare, and over 140 companies have jointly launched Open USD, a stablecoin built on an open standard model, positioned as a low-cost, 24/7 instant settlement dollar-backed stablecoin aimed at providing payment infrastructure for all businesses.
Open USD Alliance Launch Shakes Stablecoin Market, Circle Shares Plunge 16%
The formation of the Open USD stablecoin alliance, backed by over 140 institutions including Stripe, Coinbase, Visa, Mastercard, and BlackRock, poses a direct competitive threat to Circle. Investment bank Jefferies warned that new competition could pressure USDC growth, as Circle shares plummeted 16% in a single day, sparking intense debate over the future of the stablecoin market.
Stripe Launches Open USD Stablecoin Standard with 140+ Partners, Unveils AI Agent Payment Infrastructure
Payment giant Stripe has partnered with Visa, Mastercard, Coinbase, Google, and over 140 organizations to launch the Open USD stablecoin standard, alongside new AI Agent payment tools including Stripe Directory and Projects, marking a significant step toward enabling autonomous machine commerce.
Open USD Stablecoin Launch Triggers Market Shock as Circle Stock Plunges Over 16%
The launch of Open USD stablecoin by Open Standard, backed by over 140 global financial and technology giants including Stripe, Coinbase, and BlackRock, sparked concerns about competitive pressure on USDC, sending Circle's stock down more than 16% in a single day.