Latest Circle News and Insights | Yellow

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

JPMorgan cut its forecasts for Circle and Coinbase, warning that Hyperliquid, which holds about $6 billion in USDC (USDC), roughly 8% of supply, now threatens the stablecoin's economics. Key Points: JPMorgan lowered earnings estimates for Circle and Coinbase, citing a revamped Hyperliquid agreement

Circle CEO Jeremy Allaire dismissed the threat from OpenUSD, a stablecoin backed by more than 140 companies, saying nearly $30 trillion in quarterly USDC (USDC) transfers secures its lead. Key Points: Jeremy Allaire rejected claims that the newly announced OpenUSD stablecoin will erode USDC's market

Open USD is not being viewed by market experts as just another dollar-backed stablecoin. The larger threat, they say, is that OUSD gives major payment firms, exchanges, custodians and asset managers a direct economic reason to distribute it. Open Standard, a consortium backed by more than 140 compan

Circle has laid out a phased plan to shield USDC (USDC) and its coming Arc network from future quantum computers, promising account recovery for users who miss the migration window. Key Points: Circle published a post-quantum whitepaper covering USDC and its upcoming Arc blockchain. Users who skip m