Stablecoin market cap has shrunk by $10 billion since May, but analyst sees no reason to panic
Summary The stablecoin market has shrunk by roughly $10 billion since its May peak, including
Summary The stablecoin market has shrunk by roughly $10 billion since its May peak, including
Summary Circle, issuer of the USDC stablecoin, has received final approval from the U.S. Office
Summary Circle’s USDC accounted for about 70 percent of adjusted stablecoin transaction volume in the
Summary Circle shares were higher on Wednesday after Tuesday’s plunge, but Jefferies warned that rising
Summary Ark Invest loaded up on shares in cryptocurrency companies as they slid during June.
Summary Circle shares slumped after the launch of the Open Standard consortium and its Open
Summary BNY will let institutional clients custody, mint and redeem Circle’s USDC through its digital
Summary Circle and Nomura plan to launch a USDC-based digital asset settlement and corporate payment
Written by Zoltan Vardaistaff writerReviewed by Yohan Yunstaff writer Written by Zoltan Vardaistaff writer Reviewed
Written by Helen Partzstaff writerReviewed by Yohan Yunstaff writer Written by Helen Partzstaff writer Reviewed