Circle issues USDC, Ripple acquires Rail for stablecoin payments, and Chainlink launches a funded reserve amid Trump's policy push.

The entities involved

• Circle →

  peer-to-peer payments technology company

  • Coinbase operates as a leading regulated crypto exchange, utilizing its Base Layer-2 network built on Ethereum, and shares revenue with Circle in the USDC ecosystem.Mon 04:46
  • Hana Bank is participating in a settlement network trial involving the Bank of Korea, while Binance announces a $100M investment to promote Circle's USDC.Fri 02:36
• Ripple →

  creator and a developer of the Ripple payment protocol and exchange network.

  • The SEC has sued Ripple over unregistered security claims. In response to the legal uncertainty, Kraken pulled XRP listings, and Coinbase also suspended XRP trading.Wed 23:17
  • AVAX surged 50%, outpacing Bitcoin's gains, while XRP gained 22% amidst an unconfirmed ICE decision introducing market uncertainty.Wed 23:17
• Chainlink →

  distributed oracle network

  • Coinbase, Ethereum, and Chainlink are involved in RWA infrastructure development and token issuance.Sat 19:00
  • Mike McGlone provides analysis on the current crypto market cycle, noting the status of major digital assets like Bitcoin, Chainlink, and Stellar.Fri 09:21

Related events

• MoneyGram chose Circle's USDC for payments, amidst intense stablecoin market competition and the dissolution of past partnerships.Sep 12
• Coinbase is listed on Nasdaq, while Circle's USDC funds a quarter of Coinbase's revenue. The Senate failed to pass the CLARITY Act, amidst FED rate impacts.Sep 20
• Circle is building its own blockchain via Arc and testing stablecoin rails on Base, while facing market pressures regarding high distribution partner costs.Jun 7
• Coinbase distributes USDC, a stablecoin from Circle, and shares in its economics.Sep 21
• Ripple faces stiff competition from Circle, while Dave Portnoy sold his XRP holdings.Jun 8