Circle CEO: Not particularly focused on Bitcoin’s price, stablecoin regulation may be gradually clarifying.
48 minutes ago
Circle CEO Jeremy Allaire told CNBC in an interview that he is not particularly focused on Bitcoin’s short-term price performance, instead expressing greater optimism for a digital dollar tailored for payments and the AI agent economy. Allaire noted that the digital dollar can be used for payments, transactions, lending and investments, adding that AI agents will participate in more economic activities in the future, which may further drive demand for the digital dollar and related blockchain infrastructure. However, he did not provide specific data on this demand growth. On the regulatory front, the U.S. Office of the Comptroller of the Currency (OCC) is drafting rules related to the GENIUS Act. The proposal requires stablecoin issuers to hold reserve assets equal to no less than the total value of their circulating stablecoins, redeem stablecoins at face value within two business days, and prohibits issuers from paying interest to holders. Allaire believes the GENIUS Act has bipartisan support and can provide policy safeguards for the stablecoin industry, though broader legislation on the U.S. crypto market structure has yet to make progress.
Three whale addresses recently withdrew more than 24,400 ETH, valued at approximately $60.68 million.
16 minutes ago
Analysis: BTC has amassed 921,000 coins near the $83,000 mark, as the tug-of-war between bulls and bears approaches a critical juncture.
16 minutes ago
Anthropic’s first Claude API update in three years removes three commonly used parameters, which may trigger errors in legacy code after upgrade.
16 minutes ago
Whales accumulate 24,454 $ETH ($60.68M) from exchanges, stake and lend positions
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Gemini co-founder: Zcash is "the encrypted Bitcoin", ZEC has the potential to surge to $5,000.
16 minutes ago
WordPress responds to critical PHP vulnerability, advises website operators to update and upgrade immediately.
16 minutes ago
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