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Circle· 2026-01-28 17:00
Building the infrastructure behind internet-native financial systems requires trust, scale, and time.@jerallaire joined @DM_Rubenstein at @TheEconomicClub to discuss Circle’s work on stablecoin rails and the foundations of global money movement. https://t.co/QQa3gKZyYe ...
Fidelity Launches FIDD Stablecoin on Ethereum, Joining Race Under US Stablecoin Law
Yahoo Finance· 2026-01-28 16:32
Fidelity Investments announced on Jan. 28 the launch of its first stablecoin, the Fidelity Digital Dollar (FIDD). The move positions the asset management giant as one of the first major traditional financial institutions to issue a dollar-backed token under the GENIUS Act, the federal stablecoin law signed in July 2025. FIDD will be issued by Fidelity Digital Assets, National Association, a federally chartered national trust bank, and will operate on the Ethereum blockchain with each token redeemable for ...
Circle Internet Group, Inc. (NYSE: CRCL) Financial Overview and Market Position
Financial Modeling Prep· 2026-01-28 16:12
Core Viewpoint - Circle Internet Group, Inc. (NYSE:CRCL) is a leading entity in the financial services sector, recognized for its innovative strategies in digital currency and blockchain technology, and has shown strong financial performance [1] Financial Performance - CRCL has a notable earnings surprise history, with an average surprise of 235.86% over the last two quarters, indicating consistent outperformance against earnings estimates [2][6] - In the most recent quarter, CRCL reported earnings of $0.64 per share, exceeding the expected $0.20 per share, resulting in a 220% surprise [3] - In the previous quarter, CRCL reported $1.02 per share against an expected $0.29, marking a 251.72% surprise [3] Market Outlook - Dan Dolev from Mizuho Securities has set a price target of $77 for CRCL, suggesting a potential price increase of approximately 10.06% from its current price of $69.96 [2][6] - CRCL's market capitalization is approximately $17.8 billion, with stock fluctuations between a low of $67.50 and a high of $70.54, reflecting a decrease of 1.33% or $0.94 [5] Industry Context - The crypto industry is currently facing challenges, particularly in Washington, with delays in legislative processes impacting the sector [4] - Despite these challenges, CRCL is well-positioned to maintain its earnings-beat streak due to its strong financial performance and innovative approach [4][6] Upcoming Events - CRCL is scheduled to announce its financial results for the fourth quarter and the full fiscal year of 2025 on February 25, 2026, and will host a live audio webcast to discuss these outcomes [5]
Fidelity to Enter Stablecoin Market With Ethereum-Based 'Digital Dollar'
Yahoo Finance· 2026-01-28 15:18
Fidelity Investments will expand its digital asset offerings with plans to launch its own U.S. dollar-pegged stablecoin, the Fidelity Digital Dollar (FIDD), the firm said in a press release. The new token will be available to retail and institutional investors "in the coming weeks" and run on the Ethereum blockchain. The stablecoin will be issued through Fidelity Digital Assets, the firm's crypto-focused subsidiary and be fully backed by U.S. dollars and high-quality cash equivalents. “As a leading ass ...
Nomura spinoff Laser Digital applies for OCC charter
Yahoo Finance· 2026-01-28 14:37
Core Viewpoint - Laser Digital, a spinoff from Nomura, has applied for a national trust bank charter to enhance its digital asset services and streamline regulatory compliance [1][2]. Group 1: Company Developments - Laser Digital plans to offer custody of digital assets and U.S. government securities, as well as spot trading and staking, but will not engage in direct deposits or trade securities [2]. - The application for the national trust bank charter aims to eliminate the need for state-by-state custody licenses, reflecting the company's strategic move to scale its operations [2]. - Steve Ashley, co-founder of Laser Digital, emphasized that the application aligns with the company's global ambitions and the importance of operating under stringent regulatory standards in the U.S. financial market [5]. Group 2: Industry Trends - The Office of the Comptroller of the Currency (OCC) has seen a significant increase in charter applications, with 18 de novo applications filed in 2025, indicating a growing interest among nonbank entities [2]. - The OCC conditionally approved national trust banking charters for five digital-asset firms in December, showcasing a trend towards regulatory acceptance in the digital asset space [3]. - Industry experts predict that the OCC will receive 25 novel charter applications in 2026, highlighting the evolving landscape of banking and the challenges to traditional banking franchise value [6].
X @Circle
Circle· 2026-01-28 14:00
Crosschain forwarding is now live for CCTP on mainnet.A fully managed service by Circle, our crosschain forwarding feature automates destination-chain execution for CCTP transactions.→ Reduce end-to-end transfer speed→ Lower operational costs and third-party risk→ Improve both developer and user experienceSupported for CCTP routes to @arbitrum, @avax, @base, @ethereum, HyperEVM from @HyperliquidX, @inkonchain, @LineaBuild, @monad, @optimism, @0xPolygon, @SeiNetwork, @SonicLabs, @unichain, and @world_chain_ ...
Fidelity Investments starts its own stablecoin in a massive bet that future of banking is on blockchain
Yahoo Finance· 2026-01-28 13:30
Fidelity Investments is launching its first stablecoin, the Fidelity Digital Dollar (FIDD), in early February, marking a major move by one of the largest traditional financial institutions into onchain finance. FIDD will be issued by Fidelity Digital Assets, a federally chartered national bank and subsidiary of Fidelity. The Ethereum-based stablecoin will be redeemable for $1 on Fidelity’s crypto trading platforms — Fidelity Digital Assets, Fidelity Crypto, and Fidelity Crypto for Wealth Managers — and wi ...
Fidelity enters crowded stablecoin field with new FIDD token
Yahoo Finance· 2026-01-28 13:30
Fidelity Investments, one of the largest asset managers on the planet, announced on Wednesday it will launch its own stablecoin. Like other stablecoins, Fidelity’s token—known as the Fidelity Digital Dollar or FIDD—will be fully backed by reserves to ensure it maintains a one-to-one peg to the dollar. The company said FIDD will be available from Fidelity and on exchanges in the coming weeks, and that it will be available to both institutional and retail clients. “As general adoption in the digital assets ...
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BSCN· 2026-01-28 12:41
🚨BULLISH: BINANCE RECORDS $33 TRILLION STABLECOIN VOLUME@Binance processed an incredible $33 trillion worth of stablecoin transactions in 2025.Interestingly more of these transactions were in @Circle's $USDC ($18.3T), rather than @tether's $USDT ($13.3T).The insane figure reflects growing interest in crypto and blockchain behind the scenes... ...
X @CoinDesk
CoinDesk· 2026-01-28 11:46
DATA: @Circle minted another $500M in $USDC on @Solana in the last 24 hours. https://t.co/6PZSu8G6V1 ...