Circle Sinks 18% as Visa, Stripe Back Rival OUSD Stablecoin
Circle (CRCL) closed down 17.55% at $62.63 June 30 after Visa, Stripe, BlackRock, Coinbase and 140+ firms launched rival stablecoin Open USD.
Circle (CRCL) closed down 17.55% at $62.63 June 30 after Visa, Stripe, BlackRock, Coinbase and 140+ firms launched rival stablecoin Open USD.
Fed, FinCEN, OCC, FDIC and NCUA propose a bank-style customer ID rule for stablecoin issuers under the GENIUS Act — directly affecting T-bill demand.
Bitwise took over Superstate’s $259M USCC tokenized fund on June 1, 2026, bringing the crypto basis trade onchain as tokenized RWAs hit $31.8B.
The Senate Banking Committee favorably reported H.R. 3633, the Digital Asset Market Clarity Act, on May 14 in a bipartisan markup.
Strategy holds 815,061 BTC, edging past BlackRock’s IBIT with a record $2.54B purchase — a milestone in institutional Bitcoin adoption.
The SEC exempted DeFi user interfaces from broker-dealer rules in a landmark staff statement — a watershed moment for crypto capital markets.
Bitcoin surged above $74,000 to a one-month high as US-Iran peace negotiations lifted risk appetite across crypto and equity markets. Here’s what it signals.
Fresh inflows of $1.1 billion into crypto ETFs signal growing institutional commitment to digital assets, even as Bitcoin trades near $71,000.
Digital asset markets are sending early signals that matter for forward-looking investors. Here’s what the blockchain data and market flows reveal right…