USDC
White House's Patrick Witt: CLARITY is 'not a giveaway' to crypto and Trump's 'historic' ethics concession
CoinDesk's The Policy Protocol hosts Rebecca Rettig and Renato Mariotti open on the week's biggest policy news from SEC Commissioner Hester Peirce's statement on crypto vaults to the London Stock Exchange's launch of a 24/5 tokenized market. Then, Patrick Witt, Executive Director of the President's Council of Advisors for Digital Assets, joins to make the case that the CLARITY Act deserves a Senate floor vote before the August recess and argues that President Trump's agreement to subject himself to conduct restrictions is a "historic" and unprecedented ethics concession. Witt also breaks down the CFTC's expanded mission and the fight over funding and staffing. Plus, Rebecca and Renato debrief on the lessons of MiCA and the state of bipartisan compromise on the Hill, and name the state attorneys general, led by an op-ed from Montana's AG, as their Person of the Week.
Google engineer busted for insider trading on Polymarket
A Google security engineer was arrested for allegedly using the company's internal search data to place winning bets on Polymarket prediction markets. Michele Spagnuolo transferred $3.8 million in USDC and personally cleared about $1.2 million before attempting to conceal the funds through a privacy mixer. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
Circle is up 100% in a month: Why this stablecoin stock is suddenly the hottest trade in crypto
The stablecoin issuer has rallied as analysts point to growing demand for USDC, a higher interest-rate environment and the rapid expansion of tokenized assets.
Circle could rally 60% more on stablecoin adoption, AI agentic finance, Bernstein says
Stablecoins are decoupling from crypto market cycles as they are increasingly used for digital payments, Bernstein analysts said, which bodes well for USDC issuer Circle.
Global insurance broker Aon tests stablecoin payments with Coinbase, Paxos
The firm used USDC on Ethereum and PayPal USD on Solana for insurance premium payments, testing how stablecoins could reshape settlements.
Circle moves $68 million in just 30 minutes by using its own stablecoin for internal payments
The stablecoin issuer used its Mint platform for intercompany transfers, replacing bank wires that often take days to settle, CEO Jeremy Allaire said.
Leading stablecoin Tether shrinks again as market cap looks set for second straight monthly drop
Growth of tether and other top stablecoins has stalled, posing risk to the broader crypto market.
Top stablecoins shrink as crypto cash flees, posing risk to bitcoin's bounce
USDC leads the decline in the market cap of top stablecoins, posing risk to crypto market valuations.
Interactive Brokers accepts USDC deposits; Ripple's RLUSD coming soon
Eligible Interactive Brokers LLC clients can now deposit USDC around the clock, with funds converted to dollars and credited to brokerage accounts within minutes.
Circle's USDC outpaces growth of Tether's USDT for second year running
USDC grew faster than USDT for the second consecutive year, driven by increased demand for regulated digital dollars.
