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Circle CEO responds to OUSD's challenge: Stablecoins are a winner-takes-all business, and we will not slow down
OUSD was jointly launched by more than 140 giants, causing Circle's stock price to plummet in a single day. Circle's CEO personally wrote a response, clarifying USDC's moat from three aspects: network effects, liquidity, and regulation, and dismantling OUSD's three selling points of "free redemption...
rootdata2026/07/01
Wans disclosed holding Bitcoin worth $250,000 to $500,000
According to CoinDesk, the latest financial disclosure documents show that U.S. Vice President Vance holds BTC worth approximately $250,000 to $500,000, a scale comparable to his gold assets.
rootdata2026/07/01
A Reuters survey shows that dollar positions will remain stable, and the euro is expected to rise to 1.18
According to Jinshi reports, a Reuters survey shows that out of 41 forex strategists, 29 indicated that dollar positions will remain stable or see a net long increase by the end of July, while 12 indicated a decline. The euro against the dollar (EUR/USD) is expected to reach 1.16 within three months...
rootdata2026/07/01
Ark Invest purchased over $75 million in cryptocurrency-related stocks in June
According to CoinDesk, Ark Invest increased its holdings in related stocks during the decline in cryptocurrency company stock prices in June, purchasing $44 million in Coinbase stock, $25 million in Circle Internet stock, and $8.2 million in Bullish stock.Circle's stock price fell 40% in June, closi...
rootdata2026/07/01
Symbiotic launches Core V2, transforming into a DeFi shared collateral infrastructure
According to The Block, the Paradigm-supported protocol Symbiotic has officially launched Symbiotic Core V2, transforming from a restaking protocol into infrastructure aimed at the DeFi collateral market.Core V2 allows various applications such as insurance, credit, and RWA to share a single collate...
rootdata2026/07/01
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