Market News
Goldman Sachs, Citi and Bank of America Plan Joint Stablecoin for 2027
Twenty-one global banks including Goldman Sachs, Citi, and Bank of America are planning to launch a joint USD stablecoin in the first half of 2027.
JPMorgan Begins Accepting Bitcoin and Ethereum as Loan Collateral
JPMorgan's Kinexys platform now lets institutional clients pledge Bitcoin and Ethereum held with custodians like Fidelity Digital Assets and Coinbase Custody as collateral for dollar loans.
Stripe, Visa and BlackRock Back New Open USD Stablecoin Launch
Open Standard is launching Open USD (OUSD) with backing from Stripe, Visa, BlackRock and more than 140 other businesses, adding a major new competitor to Tether and Circle.
Circle's USDC Overtakes Tether, Now 70% of Adjusted Stablecoin Volume
USDC accounted for roughly 70% of adjusted stablecoin transaction volume in the first half of 2026, compared to about 25% for Tether's USDT.
Telegram Launches Gram Wallet, Plans Rollout to Over 1 Billion Users
Telegram began rolling out its non-custodial Gram Wallet to an initial group of users, with plans to eventually extend the feature across its billion-plus user base.
Bitcoin, Ethereum Open Higher on September 1 as Global Crypto Market Cap Hits $2.73 Trillion
Bitcoin opened at $78,559 and Ethereum at $2,467 to start September, with the total crypto market cap climbing to $2.73 trillion on a 1.7% daily gain.
Compass Point and Canaccord Flag BitGo as Potential Acquisition Target
Analysts at both firms defended BitGo's stock despite a weak trading debut, citing strong growth prospects in institutional crypto infrastructure.
Kraken and BitGo Filings Fuel Speculation of 2026 Public Listings
Both custody and trading providers have submitted filings positioning them for potential IPOs this year, alongside ongoing speculation about a Ripple public offering.
BitGo to Acquire NYDIG's Institutional Trading Business
The deal expands BitGo's derivatives and financing capabilities in institutional crypto, part of a broader wave of consolidation among custody and trading providers.