USDC


Markets

Investors Should Buy the Dip in Coinbase and Circle, Says William Blair

The latest crypto slide has created an attractive entry point for the two companies' stocks, with core USDC and bitcoin theses still intact.

Coinbase (appshunter.io/Unsplash/Modified by CoinDesk)

Tech

World App Starts Virtual Bank Accounts Pilot for USDC Payroll Deposits

The feature issues unique virtual account numbers, allowing users to receive direct deposits, like payroll payments, straight into the World App.

Worldcoin co-founders Alex Blania and Sam Altman (Marc Olivier/Worldcoin)

Finance

Circle Unveils StableFX to Power Onchain Currency Trading on Upcoming Arc Blockchain

The USDC issuer's new stablecoin foreign exchange engine aims to modernize cross-border payments, reduce risk and streamline settlement.

Jeremy Allaire, Co-Founder, Chairman and CEO, Circle Speaks at Hong Kong Fintech Week in 2024 (HK Fintech Week)

Finance

Visa Tests Stablecoin Payouts to Speed Payments for Creators, Gig Workers

New Visa Direct pilot lets businesses send dollar-backed stablecoins like USDC to users’ digital wallets for near-instant access to earnings.

A Visa card being held to next to a payment terminal. (CardMapr.nl/Unsplash)

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Markets

Coinbase Ends Acquisition Talks for U.K.-Based BVNK: Fortune

The negotiations, which began earlier this year and progressed to an exclusivity agreement in October, were expected to value BVNK between $1.5 billion and $2.5 billion.

Coinbase CEO Brian Armstrong at the White House

Tech

Circle CEO Jeremy Allaire Calls Arc ‘an Economic OS for the internet’

In a recent CNBC interview, Jeremy Allaire outlined dollar-priced fees, fast finality, and privacy for Arc, while pointing to rising USDC use in emerging markets.

2021 Photo of Circle CEO Jeremy Allaire

Markets

Circle’s USDC Overtakes Tether's USDT in Onchain Activity as Regulation Drives Shift: JPMorgan

USDC leapfrogged USDT in onchain activity as regulatory clarity pushes investors toward transparent and compliant stablecoins.

Stablecoin networks (Unsplash, modified by CoinDesk)

Markets

Investment Bank Mizuho Says Visa Is Becoming the ‘Stablecoin of Stablecoins’

Visa’s growing stablecoin network positions it as the key infrastructure player in blockchain payments, while individual tokens risk becoming commoditized assets.

A Visa card being held to next to a payment terminal. (CardMapr.nl/Unsplash)

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Markets

Coinbase Upgraded at JPMorgan, Seeing Potential $34B Opportunity in Base Token

Analysts from the banking giant upgraded Coinbase to overweight from neutral and raised its price target on the stock to $404 from $342.

Coinbase (appshunter.io/Unsplash/Modified by CoinDesk)

Markets

Crypto Market Maker B2C2 Launches PENNY to Enable Instant, Zero-Fee Stablecoin Swaps

The institutional liquidity provider’s new platform says it will let users exchange stablecoins like USDT and USDC across multiple blockchains without fees.

DeFi networks are global. (NASA/Unsplash, modified by CoinDesk)