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Circle Internet Group shares gained 5% in premarket trading after second-quarter profit topped forecasts, while USD Coin (USDC) supply grew 19% year over year. Key Points: Circle reported $701M in second-quarter revenue, up 7% but below analysts’ $713M estimate. USDC supply reached $73.3B, while qua

Solana (SOL) held near $70 after major whale longs closed, but weak demand and tightening liquidity raised the risk of a deeper decline. Key Points: Solana remained near $70 after large Bitfinex traders closed long positions. Long liquidations topped $16 million. Stablecoin outflows could test the t

Federal regulators missed the GENIUS Act's one-year deadline on Jul. 18 without issuing a single final stablecoin rule, leaving issuers six months to prepare. Key Points: Five federal agencies reached the statutory deadline with every major stablecoin rule package still sitting at the proposal stage

Circle won federal approval to launch a national trust bank as banks warn USD Coin (USDC) and other stablecoins could pull $500 billion from US deposits by 2028. Key Points: Circle received final OCC approval on Jul. 10 to open Circle National Trust, a federally supervised national trust bank. Stand

One year after the GENIUS Act was signed into law, stablecoins have gained legitimacy as a business payment rail, but industry executives say the next phase will depend on whether regulators can turn issuance rules into workable banking and settlement infrastructure. The law, signed on July 18, 2025