Combined Business Expected to be the First Pure-Play Treasury Company in the Ethena Stablecoin Vertical and Will Seek to have its Shares Listed on Nasdaq under Ticker “USDE” at Closing Ethena Foundation to Immediately Initiate $260M Token Buyback Program New York , July 21, 2025 (GLOBE NEWSWIRE) -- TLGY Acquisition Corp. (OTC: TLGYF) (“TLGY”), a special purpose acquisition company, today announced that it has entered into a definitive agreement for a business combination with StablecoinX Assets Inc. (“SC ...

Market Overview - Stablecoin market cap reached $2585 billion [1] - Stablecoin transaction volume decreased by 10% [1] Fees and Revenue - Stablecoin fees increased by 89% [1] Regulatory and Adoption - Ant International is adopting USDC [1] - Shanghai regulators are showing a more positive attitude towards stablecoins [1]

A slew of analyst initiations on Circle today as mostly are bullish of many raising some concerns over its valuation. Remember, it's up 500% from its IPO earlier this month. But my next guest is in the bull camp.He initiated with a 230 price target. It's $50 higher from here. Says it's a mustold for investors.Let's bring in Bernstein's Gotham Chagani. I don't know Gotham if you caught that Vlad Tenn interview we just had either because this all kind of goes back to the future of the crypto ecosystem. Welcom ...