Browsing: Circles

The stablecoin now commands roughly 77% of adjusted on-chain transfer volume, with Base emerging as a key hub for liquidity activity

The stablecoin wars are currently bifurcating into two distinct strategic architectures: the scale-at-all-costs model and the regulatory depth moat. While the Open USD consortium—a coalition of 140-plus members including Visa, Mastercard, Stripe, BlackRock, and BNY—bets on massive distribution and a revenue-sharing model to capture market share, Circle Internet Group, Inc. (NYSE: CRCL) is doubling down…