Open USD Emerges as a Real Challenge to Circle's USDC
The stablecoin 'Open USD' is challenging Circle Internet Group's USDC. CoinShares has analyzed that Open USD has the potential to reshape the stablecoin revenue structure, which could put pressure on USDC's reserve profit model. Open USD adopts an 'interest revenue sharing' structure, sharing interest income with participating companies while only taking management fees. If this model succeeds, stablecoins could offer a more attractive economic structure for businesses. Open USD involves over 140 companies, including BlackRock, Coinbase, and Visa, and aims for a launch in the second half of 2026. The circulation of USDC has decreased from $80 billion in March to $73 billion currently, attributed to intensified competition. While CoinShares believes the threat from Open USD may be limited, Japan's Mizuho has downgraded Circle's target price from $85 to $50. The market's attention is focused on whether Circle will modify its distribution strategy and the actual adoption of Open USD.
Disclaimer: This content is provided for general branding and informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online events, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets or to use any services. Crypto assets are highly volatile and may result in loss. WEEX services and online events may not be available in all regions and are subject to applicable laws, regulations, and eligibility requirements. You are responsible for ensuring that your use of WEEX services complies with local laws and for carefully assessing the risks before participating in any crypto-related activities.
You may also like

The Clarity Act Faces Risks After Democrats Demand New Ethical Standards

Crypto clearinghouse Glacis Labs raises $6.8 million seed to expand ZeroDelta platform

SBI taps Solana for world’s first tokenized Japan equity fund

Stablecoins and dollars "should not be treated separately," says broker

The privacy paradox of protecting kids online

Crypto Long & Short: To ETH or not to ETH — is SOL the better diversifier?

Ethereum vs XRP Whitepaper Comparison (2026): Architecture, Consensus & Key Differences

Japan's Financial Giant SBI's Invisible Crypto Landscape

Light Industry Seeks Separate Trade Commission with Turkey

How macOS Trojan Breaches Defense with Compromised TG Accounts and Wallets?

Core Scientific's 75% return on AI deal isn't the template for bitcoin miners, Bernstein says

DTCC Launches Securities Tokenization Service, Initial Focus on Approximately 1,000 U.S. Stocks and Bonds

Multicoin Capital Partner Tushar Jain: The Market Has Hit Bottom! Optimistic About SOL, HYPE, and ZEC

Global Fintech Investment Increases, But Transactions Plummet... 'Selective Investment' Becomes Clearer

"Bullish" Tom Lee: The Biggest Short-Term Winner of AI Productivity is the Financial Services Sector, Raising S&P 500 Target to 8000 Points

52% of Ukrainians Consider the Carpathians for Summer Vacation – Survey

Trump is Transforming America into a Fund

Prediction markets hit $100M annualized in two months: Coinbase’s fastest product ever

Bitcoin Surges After Cooler CPI: How Inflation Data Could Shape Crypto's Next Move
Bitcoin gained momentum after June CPI came in below expectations, easing concerns over prolonged Fed tightening. Explore how cooling inflation, Fed policy expectations, and liquidity conditions could impact BTC’s next move.

How to Start an Olive Account: Explanation of SBI Securities Integration and Account Opening

5 Charts to Understand the Cryptocurrency Market in Q2: RWA Surge and Continued Fundamental Recovery

Sun Yuchen's Optimism for the Nuclear Energy Sector Sparks IPO Wave

Noxa Flees After Just Three Days of Profit: What's Happening on the Robinhood Chain?

Galaxy Launches DeFi Loan Package with $100 Million 'Shield'

Why Are Funds Starting to Abandon Equipment Stocks While AI Semiconductors Continue to Rise?

Pudgy Penguins Announces: Original Adventure Comic Series Pax Pengu & Polly to Launch at 2026 San Diego Comic-Con

SBI, DigiFT, and Startale Launch PoC for Stock Fund Using JPYSC Token

Who Has the Power to Pause AI?

Professor Sakai of Keio University Discusses "The Century of Prediction Markets: Social Implementation of Collective Intelligence" at WebX 2026











