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Crypto

Circle\'s euro stablecoin EURC circulation tops 400 million euros

Circle\'s euro stablecoin EURC has exceeded 400 million euros in circulation four years after launch. Dollar-based stablecoins still dominate, with about 98 percent of total stablecoin value denominated in dollars, while euro-linked stablecoins account for less than 1 percent of the global market. EURC has expanded across multiple blockchains and accelerated in supply growth. Circle links the expansion to the EU\'s MiCA framework, alongside widening integration with Visa, Mastercard and payment firms.

Crypto

USDC, USDT dominate stablecoin card market with 84 percent of payments

Stablecoin card payments are growing rapidly, with a clear shift toward dollar-linked stablecoins. July stablecoin card payment volume rose to $759 million, about 2.5 times from a year earlier, and USDC and USDT accounted for 84 percent of the total. Transaction counts also increased to about 9 million. By currency, USDC and USDT gained share while euro-based EURe fell sharply. Payment networks also shifted toward Optimism, Solana and Base.

Finance

Fintech posts record results as payment touchpoints expand, signs of loan curb easing

Major fintech firms posted strong first-half results as growth in payments and financial services lifted revenue and profit, with overseas payments and new businesses also expanding. Payment companies are widening links into daily life through merchants, local currencies and transport, while firms bundle payments with other services. As businesses grow, demands for soundness management rise. Separately, there are signs of partial adjustments to loan regulations, while bank lending volume controls continue.