OUSD stole Hyperliquid’s homework โ then hit Circle with it
OUSD, which borrows heavily from Hyperliquidโs USDH playbook, is a new stablecoin that a consortium of more than 140 companies will operate.
Read more (3 min) โ16 stories, newest first
OUSD, which borrows heavily from Hyperliquidโs USDH playbook, is a new stablecoin that a consortium of more than 140 companies will operate.
Read more (3 min) โโ Circle, Stablecoins
USDT and USDC are still competing for dominance of the USD stablecoin market, both showing a willingness to get close to Trump.
โ April Fools', Circle
Liquity's April Fools' bit that joked it was being bought by the stablecoin giant Circle led to allegations of โmarket manipulation.โ
Any US bank or fintech company that receives USDC instead of dollars will need to file timestamped records of every transaction.
Bank of International Settlements researchers have quantified a few basis points of measurable impact from stablecoins on US Treasuries.
โ Circle, Stablecoins
2025 has been a great year for stablecoins; we're seeing new regulatory frameworks, and the president of the United States has launched one.
$50B stablecoin firm Circle Internet Group accused a circle-themed memecoin of โbrand infringement," causing it to change its ticker.
USDC stablecoin issuer Circle has been criticized for not freezing $9M taken in the GMX protocol hack quickly enough.
โ Circle, Stablecoins
Circle's USDC has made substantial gains in 2025 across several metrics against its main stablecoin competitor, Tether's USDT.
Circle's rise after its IPO on its first day of trading is a contrast to Coinbase, which fell on its first day of trading.