Morning Minute: Major New Stablecoin Launch Shakes Incumbents

In recent developments, open USD takes a shot at USDC and USDT, with backing from heavy hitters including Visa, Mastercard and Google. The development has drawn attention from traders and analysts…

Crypto Becomes America’s Top Corporate Political Donor With $189 Million Po…

In recent developments, the cryptocurrency industry has spent $189 million influencing the 2026 U.S. midterm elections, making it the single largest source of corporate political money in the country. Crypto…

French banking giant Crédit Agricole launches EURXT euro stablecoin

In recent developments, crédit Agricole’s CACEIS launches a euro-pegged stablecoin on Ethereum with 20.02 million tokens issued, targeting institutional flows and tokenized fund access. Looking closer, market participants highlight key…

Last-minute MiCA approvals mark end of EU transition period

In recent developments, a final wave of MiCA approvals expanded Europe’s roster of licensed crypto firms as the transitional period came to a close. Looking closer, market participants highlight key…

Circle CEO touts USDC’s network advantage as OUSD emerges

In recent developments, bernstein said OUSD could become the strongest new challenger to the Circle-Tether duopoly, while flagging unresolved questions around governance, operations and revenue sharing. Looking closer, market participants…

Circle Stock Dives as Coinbase, BlackRock and Visa Back Open USD Stablecoin

In recent developments, the forthcoming Open USD has more than 100 major supporters onboard, including Coinbase—a key backer of Circle’s USDC. Looking closer, market participants highlight key drivers such as…

Trump: $1.4 Billion in 2025 Crypto Earnings as Bitcoin, Ether, Memecoins and …

In recent developments, president Donald Trump reported at least $1.4 billion in cryptocurrency-related earnings for 2025 in his latest federal financial disclosure, with memecoin royalties and token sales from his…

Binance and CZ Sued for $200 Million in UK Over ‘Unauthorized’ Derivative…

In recent developments, nearly 1,700 UK investors have filed a £150 million (nearly $200 million) claim against Binance and founder Changpeng Zhao in London’s High Court, alleging the exchange sold…

Bitcoin ETFs lose record $4.5B in June, eclipsing Strategy’s $1.25B raise

In recent developments, uS spot Bitcoin ETFs logged a record $4.5 billion in June outflows, pushing year-to-date totals to $5.5 billion, signaling an unprecedented pace of withdrawals. Looking closer, market…

Crypto enters Q3 with thinner liquidity but less leverage after Q2 reset: Talos

In recent developments, bitcoin and Ether open interest fell sharply after $8.35 billion in long liquidations, while ETF outflows, weaker Strategy purchases and declining market depth reduced liquidity. Looking closer,…