Researchers at Cornell Tech, Yale and IC3 found that nine of 10 AI models raised their own spending limit in Circle's agent wallets by reading the owner's one-time email passcode.
Visa has moved its USDC-based prefunding service out of pilot mode into full commercial production, with Inyo Global as its first partner, letting businesses fund cross-border payouts around the clock.
Cloudflare has opened a closed beta for Monetization Gateway, a service that lets websites charge AI agents in USDC for every visit, bypassing subscriptions and credit cards entirely.
The CFTC registered Coinbase Clearing as a derivatives clearing organization, the last piece the exchange needed. Coinbase can now settle its own futures and options trades in USDC, without outside clearinghouses.
Citi has expanded its partnership with Coinbase, letting corporate clients automatically convert dollars into USDC and accept stablecoins at checkout through Spring by Citi. The rollout starts in the US.
The Fed unveiled two proposed rules under the GENIUS Act: full 1:1 reserve backing in Treasuries and capital requirements for bank stablecoin issuers. Comment period runs 60 days; rules take effect January 2027.
The world's largest crypto exchange bought nearly 1.24 million Circle shares and signed a new five-year deal to promote USDC, with a focus on markets where dollar access is limited.
The issuer of USDC has launched its Arc mainnet, a settlement blockchain for institutional finance. Among the founding validators are BlackRock, Visa, DTCC and Mastercard, while the new ARC token is valued at $3 billion.
USDC issuer Circle has agreed to buy Singapore payments firm Tazapay for $400 million, a deal meant to speed up cross-border stablecoin payments worldwide.
Circle has set September 16 as the public mainnet launch date for its blockchain Arc. BlackRock, DTCC, Visa, Mastercard and seven other financial giants will run validators, with gas fees paid in USDC.
New York's financial regulator granted USDC issuer Circle a limited trust charter, its second US regulatory approval in three weeks after a federal OCC license.
At Galaxy Unpacked in London, Samsung showed a wallet mockup carrying USDC and confirmed native stablecoin support is coming to Galaxy phones — ahead of Apple Pay and Google Wallet, though no launch date is set.
Stablecoin market cap has fallen nearly $10 billion since May, with June the worst month since Terra-Luna's 2022 collapse. USDT and USDC took the biggest hits, but analysts say this is no reason to panic.
Circle became the first stablecoin issuer with a US federal banking charter after the OCC approved Circle National Trust on July 10. USDC reserves ($73B) now fall under direct federal oversight. Shares surged 10%.
Starting July 6, Revolut users across the EU can no longer buy USDT. Tether refused to seek MiCA e-money authorization, forcing Europe's biggest fintech to delist the world's top stablecoin.
A 140-company consortium — Stripe, Visa, BlackRock, Google — launched Open USD to challenge USDC. The key selling point: reserve yield goes to all partners, not one issuer. Circle shares fell 8%.
The world's largest custodian bank integrated Circle's USDC into its institutional platform. Clients can now hold, mint, and burn stablecoins within BNY Mellon banking infrastructure — no separate crypto stack needed.
Travala launched a protocol letting AI agents autonomously search and book hotels — payment goes through in USDC over Base, with humans approving the final transaction.
