Stablecoin Wars With Stripe And Circle Racing To Control Payments

Financial firms from Stripe to Circle are building their own blockchains—here’s why

Stripe is developing what it calls Tempo, and Circle announced Tuesday that it’s building a protocol called Arc.

Stablecoin Wars With Stripe And Circle Racing To Control Payments

Stripe’s Tempo and Circle’s Arc are competing to lead the future of stablecoin payments with faster, more reliable blockchain networks built for global transactions.

L1 Blockchain Launches by Stripe and Circle Stir Industry Backlash - Invest In Crypto News

Fintech giants Stripe and Circle have unveiled plans to launch their own layer one (L1) blockchains, sparking widespread controversy in the cryptocurrency space over potential market fragmentation and rivalry with layer two (L2) platforms. Crypto Community Questions L1 Products by Stripe and Circle Stripe’s Tempo, revealed earlier this week, is described as a high-performance, payments-focused […] Source link The post L1 Blockchain Launches by S…

Crypto Stocks and Altcoins Surge on Policy Shifts and Market Optimism

Stablecoin issuer Circle delivered its first earnings beat since going public, sending shares soaring more than 400% above its IPO price. The company, which earns much of its revenue from interest on short-term U.S. Treasuries backing USDC, also unveiled a new blockchain network aimed at stablecoin-powered finance. The developments follow the passage of the GENIUS Act, which created a federal framework for asset-backed tokens. Ethereum treasury …

Circle to use USDC stable coin for its blockchain arc

Circle, one of the major issuers of USDC (Stablecoins) reportedly unveiled plans for its own stablecoin-focused Layer 1 blockchain Arc on Tuesday, expected to launch on public testnet this fall. The EVM-compatible chain is designed to provide an enterprise-grade foundation for stablecoin payments, FX, and capital markets applications, according to a press release. Arc will use USDC -0.00% as native gas include a stablecoin FX engine, sub-second …

L1 Blockchain Launches by Stripe and Circle Stir Industry Backlash

Fintech giants Stripe and Circle have unveiled plans to launch their own layer one (L1) blockchains, sparking widespread controversy in the …