“Bullish Signals for Stablecoins Were All Armund, from Asia to Europe to Circle’s Stock Price.”, – WRITE: www.coindesk.com
Circle, Issuer of USDC, HAS SEEN ITS STOCK Rise About 500% Since ITS DEBUT ON JUNE 5. This Week, The Company Was Valused at A Staggering $ $ 62 Billion).
Bullish Signals for StableCoins Were All Around:
CrCl is the Now the most popular Foreign Stock in South Korea.
The Leading Stablecoin Issuer, Tether, Has So Much Spare Cash It Can Afford to Have A Determinative Stake in Juventus, An Italian Soccer Team.
Coinbase, WHICH ACTUALLY MAKES MONEY USDC THAN CIRCLE, HAS SEEN ITS STOCK RISE TO ITS HIGHEEST Level in Four Years.
Even Euro-Backed Stablecoins, Long A Forgotten Cousin of USD Coins, Are Surging. Combined, they’re up 44% on the year, Led by Circle’s Eurc.
Stablecoins are the “Quiet Winners” from Predict Markets Like Polymarket.
And so on.
Traditional Payment Giants, Like MasterCard and Visa, Have Been Responing to Stablecoin Mania by Making A Flood of AnnounCements of Their Own. Mastercard AnnounCed New Tie-Ups with Moonpay, Chainlink and Kraken this Week.
Amid All The Stablecoin News, We Still Had Space for Plenty of Other Topics.
Sei Surged As Well (Albeit On Stablecoin News).
The Federal Reserve Official Official Said Crypto No Longer Carried “Reputational Risks” for Banks, Leaving Them to Provide All The Financial Service they want for Crypto.
World Liberty Financial, The Trump Family Vehicle, Reversed A Promise to Make It Token Non-Transferable.
In the Summer MONTHS, SomeTimes It Can Feel Like Nothing Much Is Happy. Not this year; Crypto Doesn’t Wait for Anyone.
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