USD Coin (USDC) price & news

The OCC on Monday encouraged community banks to apply to issue payment stablecoins under the GENIUS Act as federal approval rules take effect Jan. 18, 2027.

Canada proposed rules letting covered holders redeem stablecoins at par with no minimum, a 1% fee cap and a three-business-day deadline.

OKXICE, a venue tied to NYSE owner ICE, plans round-the-clock tokenized U.S. stocks priced by automated liquidity pools instead of an order book.

Circle Match, an hourly USDC auction for approved Circle Mint customers, pays minters a rebate funded by redeemers’ fees, capped at the Express rate.

Coinbase will end GYEN transfers on Oct. 26 and convert remaining balances to USDC as issuer GMO Trust winds down the yen stablecoin.

A Circle shareholder sued President Trump, World Liberty Financial and Steve Witkoff, alleging USD1 deals with UAE interests harmed USDC.

The American Bankers Association says the OCC’s final GENIUS Act rule leaves a loophole for stablecoin rewards and undermines the line Congress drew.

The OCC finalized its GENIUS Act rule for payment stablecoin issuers and custody on Oct. 21, with the framework taking effect on Jan. 18, 2027.

Stablecoin transfer volume reached $891 billion in Q3 2026, a Coinbase-commissioned report says, as seven of the 10 largest US banks test the tokens.

The Blockchain Association asked Treasury to clarify DeFi and foreign issuer provisions in its proposed GENIUS Act rule on payment stablecoin issuance.

Circle says it kept about 7 cents of profit per revenue dollar in H1 2026 as Coinbase-backed Open USD offers partners reserve income.

A BIS working paper finds a 1 basis point rise in U.S. bank deposit rates predicts slower stablecoin growth, with USDC more affected than USDT.

Visa moved USDC prefunding for Visa Direct from pilot to commercial production, with Inyo Global the first enabler, for eligible clients.

Marqeta is expanding its Coinbase partnership so businesses can offer payment cards funded by customers’ stablecoin balances, The Block reported.

Circle CEO Jeremy Allaire told Reuters the USDC issuer plans to enter about 40 emerging and developing markets as stablecoin demand grows.

Circle said about $819 million of its roughly $1.4 billion in first-half 2026 USDC revenue went to distribution partners and transaction costs.

Mastercard launched its Global Money Platform, its first major BVNK integration, letting businesses use stablecoins in banking and card payments.

Polygon Labs completed its Coinme acquisition, adding 37 state money transmitter licenses to its stablecoin payments business across 48 US states.

The European Banking Authority named USDC the first significant e-money token under MiCA, shifting key oversight duties from France’s ACPR to the EBA.

The Financial Stability Board warned that multi-issuer stablecoins could face runs when reserves sit abroad, and urged more cross-border information sharing.

Samsung will let US Galaxy users send USDC on Solana from Samsung Wallet starting the last week of October, reaching 82 million devices at launch.

OKX raised an undisclosed sum at a $25 billion valuation from SC Ventures, Qube, Ripple and Circle as it expands beyond its crypto exchange roots.

Stablecoin infrastructure firm Rain applied to the OCC for a New York-based national trust bank charter days after community banks sued the regulator.