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Upbit operator Dunamu signs strategic partnership with Visa to explore stablecoin and AI financial services
The two parties will combine Dunamu's digital asset technology with Visa's global payment network to explore new services in stablecoin payments, cross-border remittances, and AI-driven finance. Dunam
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Circle stock (CRCL) is down over 70% from its all-time high of $299, now trading at $85, as stablecoin investment thesis faces doubts and new competitor Open USD launches.
Circle Internet Group, which debuted in June 2025, saw its shares reach $299 last summer. However, the company's Q2 2026 earnings beat estimates but missed on revenue, leading to a sell-off. Investors
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Bernstein Cuts Circle Price Target to $140, Citing Fading Open USD Threat
Financial firm Bernstein has lowered its price target for Circle, the issuer of the USDC stablecoin, to $140 from $190. The firm maintained its 'Outperform' rating, stating that the threat from 'Open
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Mizuho: The Clarity Act May Intensify Stablecoin Competition in the Long Term, Which Could Have a Negative Impact on Circle
Svmuu News: Mizuho analysts stated that if the U.S. cryptocurrency market framework bill, the “Clarity Act,” is passed, while it may be generally beneficial for the digital asset industry, the long-te
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Open USD is scheduled to launch in the second half of 2026, and its reserve revenue distribution model poses a challenge to USDC
Svmuu News: Digital asset management firm CoinShares stated that Open USD directly challenges “Circle” by distributing the returns generated from its stablecoin reserves to partners, thereby undermini
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Circle Lianchuang Appears to Respond to the Launch of Open USD: Welcomes Market Competition and Will Continue to Expand the USDC Ecosystem
Svmuu News: Jeremy Allaire, co-founder and CEO of Circle, posted a message that appears to be a response to the launch of Open USD. He stated that stablecoins are reshaping the infrastructure for the
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Upbit operator Dunamu signs strategic partnership with Visa to explore stablecoin and AI financial services
The two parties will combine Dunamu's digital asset technology with Visa's global payment network to explore new services in stablecoin payments, cross-border remittances, and AI-driven finance. Dunam
-
Circle stock (CRCL) is down over 70% from its all-time high of $299, now trading at $85, as stablecoin investment thesis faces doubts and new competitor Open USD launches.
Circle Internet Group, which debuted in June 2025, saw its shares reach $299 last summer. However, the company's Q2 2026 earnings beat estimates but missed on revenue, leading to a sell-off. Investors
-
Bernstein Cuts Circle Price Target to $140, Citing Fading Open USD Threat
Financial firm Bernstein has lowered its price target for Circle, the issuer of the USDC stablecoin, to $140 from $190. The firm maintained its 'Outperform' rating, stating that the threat from 'Open
-
Mizuho: The Clarity Act May Intensify Stablecoin Competition in the Long Term, Which Could Have a Negative Impact on Circle
Svmuu News: Mizuho analysts stated that if the U.S. cryptocurrency market framework bill, the “Clarity Act,” is passed, while it may be generally beneficial for the digital asset industry, the long-te
-
Open USD is scheduled to launch in the second half of 2026, and its reserve revenue distribution model poses a challenge to USDC
Svmuu News: Digital asset management firm CoinShares stated that Open USD directly challenges “Circle” by distributing the returns generated from its stablecoin reserves to partners, thereby undermini
-
Circle Lianchuang Appears to Respond to the Launch of Open USD: Welcomes Market Competition and Will Continue to Expand the USDC Ecosystem
Svmuu News: Jeremy Allaire, co-founder and CEO of Circle, posted a message that appears to be a response to the launch of Open USD. He stated that stablecoins are reshaping the infrastructure for the
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