Some Stablecoins Face De-Pegging Risks, S&P Global Ratings Says

WSJAug 5 01:57

OUSD’s Impact on Circle, Tether, and Paxos: Not a Simple Bearish Factor, but a More Complex Competitive Reshaping

Author: @HadickM, Partner at Dragonfly Translated by: Wu Shuo Blockchain OUSD will not be the last new competitor; Circle needs to respond more proactively in terms of product, distribution, and ecosystem partnerships. The impact of OUSD on Circle is not purely bearish. The market’s reaction—pricing in a 15% to 20% decline in CRCL’s share price—is somewhat justified, but this does not mean Circle faces a ‘death sentence.’ Circle still possesses deep liquidity, existing integrations, and first-mover advantages, particularly through its partnership with Coinbase.

ChainCatcherJul 5 10:06

Dragonfly Partners: OUSD Emerges, Leading to Diverging Fortunes Among the Stablecoin Triad

Circle’s stock price plummeted, but it is actually Paxos that has been truly hard hit.

ForesightJul 2 15:00

Express News | Trace Finance Raises $32 Million in Series A Funding Led by CoinFund

BreakingsJun 17 22:22

Paxos Secures SEC Registration as Clearing Agency

DecryptMay 29 18:34

Express News | EDX, supported by Charles Schwab, Citadel, and Fidelity, applies for a U.S. trust bank license.

BreakingsApr 2 07:12