Product & Infrastructure Upgrades - Jupiter open-sourced Jupiter Lend [1] - Jupiter is developing JupUSD stablecoin [1] - Jupiter implemented VRFD upgrades [1] - Jupiter launched a unified developer platform [1] Acquisition - Jupiter acquired Rainfi to expand on-chain lending and liquidity [1]

NEW: YouTube now lets U.S. creators get paid in PayPal’s $PYUSD stablecoin ...

Core Viewpoint - Circle, a prominent player in the stablecoin market, has experienced significant volatility since its IPO, raising questions about its long-term value proposition and business model [1]. Group 1: Business Model and Revenue Generation - Circle's primary product, the stablecoin USDC, is pegged to the US dollar at a 1:1 ratio, contrasting with traditional cryptocurrencies by being centralized and non-volatile [2]. - The company's revenue model is straightforward: Revenue = USDC scale * investment yield * retention ratio (40%), with 96% of revenue derived from interest income on USDC reserves invested in US Treasury bonds [2][5]. - USDC's circulation has grown significantly, with $73.7 billion in circulation at the end of Q3 2025, representing a 108% year-over-year increase [3]. Group 2: Market Dynamics and Competition - The stablecoin market is still relatively small, comprising about 1.5% of the US M2 money supply, and its primary use case remains as a medium for cryptocurrency transactions rather than widespread cross-border payments [4]. - USDC faces competition from other stablecoins, particularly USDT, which has a larger market share and less regulatory oversight, potentially impacting USDC's growth trajectory [12][13]. - The growth of USDC has been closely tied to its partnership with Coinbase, which accounts for a significant portion of its revenue sharing [15]. Group 3: Financial Performance and Sensitivity - Circle reported total revenue of $740 million in Q3 2025, a 66% increase year-over-year, with net income from continuing operations reaching $214 million, a 202% increase [3][16]. - The company's financial performance is highly sensitive to interest rate changes; a decrease in US Treasury yields could significantly impact revenue and profitability [17]. - The current high interest rate environment (around 4%) has bolstered Circle's earnings, but a shift to lower rates could drastically reduce revenue [15][17]. Group 4: Future Outlook and Challenges - The future growth of USDC is contingent on its ability to penetrate cross-border payment markets and compete effectively against other stablecoins [19][23]. - There is skepticism regarding the sustainability of USDC's growth, with concerns about the long-term viability of its business model and the potential for declining market share [21][23]. - The potential for regulatory support for stablecoin applications could provide a boost to valuations, but the competitive landscape remains challenging [22][23].

LATEST: ⚡ UAE telecom company e& will integrate the dirham-backed AE Coin stablecoin in partnership with Al Maryah Community Bank, allowing customers to use the stablecoin to pay bills, recharge accounts and more. https://t.co/d8OQnDW50j ...

RT Token Terminal 📊 (@tokenterminal)3) With the EURC stablecoin, Circle is making a push into the EU market▪️ Euro stablecoin. EURC is Circle’s fully reserved, MiCA-compliant euro stablecoin, issued on Avalanche, Base, Ethereum, Solana, World Chain, and Stellar and redeemable 1:1 for euro.▪️ Solves euro liquidity gap. EURC provides regulated euro liquidity for payments, FX, and DeFi in Europe, giving businesses a compliant alternative to unregulated euro tokens and extending Circle’s stablecoin model beyond ...

3) With the EURC stablecoin, Circle is making a push into the EU market▪️ Euro stablecoin. EURC is Circle’s fully reserved, MiCA-compliant euro stablecoin, issued on Avalanche, Base, Ethereum, Solana, World Chain, and Stellar and redeemable 1:1 for euro.▪️ Solves euro liquidity gap. EURC provides regulated euro liquidity for payments, FX, and DeFi in Europe, giving businesses a compliant alternative to unregulated euro tokens and extending Circle’s stablecoin model beyond USD.▪️ Interest and fee upside. EUR ...

Stablecoin usage on Polygon has gone from 2.7M to 6M consistent daily txns in the last six months@sandeepnailwal shares the journey with @KevinWSHPod ▶️ link in thread https://t.co/jfF3egJ5Kl ...

Core Viewpoint - YouTube has begun allowing U.S. creators to receive payouts in PayPal's PYUSD stablecoin, enhancing its payment options for content creators [1][2]. Group 1: YouTube's New Payment Feature - YouTube has partnered with PayPal to enable U.S. creators to receive earnings in stablecoins, specifically the PYUSD stablecoin [1][2]. - The stablecoin payout feature is currently available only to U.S. creators, simplifying the payment process without requiring YouTube to directly handle cryptocurrency [3]. Group 2: Details on PYUSD Stablecoin - PYUSD is a USD-pegged, Ethereum-based stablecoin launched by PayPal on August 7, 2023, and is designed to maintain a stable value [4]. - As of the latest data, PYUSD has a market capitalization of $3.9 billion, representing 1.26% of the total market share in the cryptocurrency space [5]. Group 3: Industry Context - The adoption of stablecoins is becoming mainstream, with significant interest from major companies and regulatory developments supporting their use [6].

Group 1 - The article does not provide any relevant content regarding company or industry insights [1]

Product Offering - Stablecoin Earn Plus allows users to "chill and wait out the market" [1] - Earning potential is highlighted by "earning by the second" [1]