Key Highlights: BlackRock’s BUIDL fund saw its Avalanche holdings drop from a mid-July peak of roughly $907 million (907.2 million tokens) to approximately 483 million tokens by early October 2026 due to redemptions and institutional activity. Avalanche-based stablecoin processor Axiym recorded a record $529 million in Q3 2026, driving lifetime volume past $2 billion with ...
Key Highlights: Bank for International Settlements (BIS) research found roughly 70% of tracked fiat currencies have been discontinued, typically due to economic causes. Despite crypto advocates using this data to bolster Bitcoin’s fixed-supply thesis, the BIS explicitly declared that Bitcoin rejects the social compact that money embodies. The BIS maintains that functional money requires credit ...
Key Highlights Circle Internet Group, Inc. (CRCL) reported $865 million in Q3 2026 total revenue and reserve income, marking a 17% increase year over year, while announcing a workforce reduction of approximately 5%. Reserve income from backing assets behind $USDC dropped 8% to $658 million due to a 61 basis point decline in returns, with ...
Key Highlights: The Chia ecosystem has officially launched its first stablecoins, deployed using infrastructure provided by Brale. The newly introduced stablecoins are designed to support continuous, 24/7 global trading of real-world assets (RWAs). Transactions powered by Brale’s regulatory, banking, and custody infrastructure are already actively taking place on the open-source Chia blockchain. Chia Network Introduces ...
Key Highlights The XRP Ledger officially enabled an amendment designated as fixCleanup3_4_0 to seal a permission loophole involving token minting and burning. Under specific circumstances, third-party accounts authorized exclusively to destroy an issuer’s tokens were technically capable of minting new supply. The patch targets issued assets such as stablecoins rather than the native XRP cryptocurrency, ...
Key Highlights: Arkham has introduced a frozen assets tracking feature supporting three major stablecoins: $USDC, $USDT, and USDT0, with plans to expand token coverage in the future. Using the entity labeled “Binance Hacker” as a live demonstration, the tool reveals that approximately $2.6 billion of the entity’s roughly $5.8 billion in total digital assets is ...
Key Highlights: Aptos features institutional integrations including BlackRock’s BUIDL, Franklin Templeton’s BENJI, and Aave’s first non-EVM deployment supporting USDC and USDT. Despite stablecoin capitalization falling from an October 2025 peak of $1.49 billion to approximately $773 million by early November 2026, cross-border payment partnerships with Bitso and Yellow Card drove over $15 billion in 30-day ...
Key Highlights Prometheum co-CEO Aaron Kaplan emphasizes that the digital asset sector’s future depends on leveraging existing federal securities frameworks rather than waiting for congressional action. The $GENIUS Act, enacted with bipartisan backing in 2025, establishes federal reserve and oversight standards for payment stablecoins, taking effect on January 18. Without comprehensive statutory overhauls from Congress, ...
Key Highlights: Circle is actively expanding beyond its core USDC reserve-yield model into transaction services, financial networks, and native blockchain infrastructure. Declining interest rate yields pushed USDC reserve income down 8% year over year to $657.6 million, even as average circulation increased by 8%. New revenue from the presale of the $ARC token boosted reported ...
Key Highlights Circle minted five batches of 250 million USDC throughout October 2026, followed by a rapid 1 billion USDC issuance in roughly 10 minutes on November 2 on Solana. Despite the sudden acceleration in issuance, USDC maintained its steady $1 peg across the entire period without market disruptions. On-chain data confirms that all newly ...
Key Highlights Circle issued multiple batches of 250 million USDC exclusively on the Solana blockchain throughout October, totaling five distinct minting events. Issuance surged on November 2, when Circle minted $1 billion worth of USDC via four separate 250 million transactions executed in approximately 10 minutes. USDC preserved its steady $1 peg without any reported ...
Key Highlights: Circle reported third-quarter net income from continuing operations of $226 million, marking a 5% increase year-over-year. Adjusted earnings per share reached 84 cents, surging 127% past Wall Street forecasts, while revenue climbed past expectations to $778 million. The firm incurred a $9.1 million restructuring charge tied to a 5% workforce reduction aimed at ...