News ARK Invest’s Cathie Wood Says Circle Is Disrupting Visa and Mastercard
#CathieWood says #Circle’s #USDC growth is disrupting traditional payment giants as #stablecoin competition expands across the payments market.
Timothy Munene •
News #CathieWood says #Circle’s #USDC growth is disrupting traditional payment giants as #stablecoin competition expands across the payments market.
News #Stablecoin-driven crypto card spending reached $759 million in July, up from $306 million a year earlier as purchases approached 9 million.
News #Circle is positioning #USDC for AI agent payments through Agent Stack tools, while competition grows across autonomous #stablecoin payment networks.
Market #Circle added #ERC-1271 support to #Gateway, enabling smart wallets and contracts to access unified crosschain #USDC balances directly.
News #Coinbase posted record trading share in #Q2 as #USDC balances grew, #predictionmarkets expanded, and #AIfinance became a key focus.
News #Coinbase launches new #AIagent tools for payments, trading, and development as autonomous software drives growing financial activity.
News #Circle launches a federally chartered trust bank to custody digital assets and eventually manage #USDC reserves under U.S. regulations.
News #Circle received final #OCC approval to establish First National Digital Currency Bank, expanding federally regulated #USDC custody services.
News #HyperFoundation committed $10 million in grants to help projects migrate from #USDH to #USDC before July 2026.
News #Circle will launch native #USDC, #EURC, and #CCTP support on #Cronos, enabling #stablecoin payments, #DeFi, and cross-chain transfers.
News #Taiko contained a bridge-related security breach after attackers exploited its verification system, causing losses exceeding $1 million.
News #Mastercard is expanding settlement options with #USDC, #RLUSD, and other regulated #stablecoins, alongside intraday, weekend, and holiday payments.