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

  • Circle contracted for case management services and announced next steps for program replacement.Sat 03:59
  • Circle shares are traded on the NYSE, while Binance has taken a $100M stake in Circle and receives monthly incentives for USDC promotion.Fri 11:59
• Ripple →

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

  • DBS Bank announced issuance on XRP Ledger with Ripple, while BlackRock added its tokenized dollar fund to Avalanche and Ethereum.Sat 14:15
  • Korea's digital asset economy is the largest in East Asia, with AI crypto dominating the market and Worldcoin seeing high trading volume.Sat 07:13
• Chainlink →

  distributed oracle network

  • Chainlink, Nasdaq, Depository Trust & Clearing Corporation, and New York Stock Exchange are partnering on a tokenization platform for clearing services related to real-world assets and equities.01:06
  • DTCC is launching a new collateral platform powered by Chainlink.01:06

Related events

• The OCC finalized stablecoin rules for issuers, driving crypto equity buying and boosting Circle's USDC circulation.Wed 19:52
• Standard Chartered rolled out custody services for Ripple's stablecoin, RLUSD, utilizing its Dubai branch and running on Ethereum.Oct 12
• Ripple faces stiff competition from Circle, while Dave Portnoy sold his XRP holdings.Jun 8
• Trump made transactions with the UAE, while Circle faced market competition and a shareholder was identified.Fri 02:17