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Bernstein backs Circle with $190 target as ARC presale reaches $222 million

Bernstein said Circle’s $222 million ARC token presale and rising USDC supply helped offset weaker reserve income in Q1.
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MoonPay says stablecoin regulation opened the door but infrastructure must follow

Executives from MoonPay, Ripple and Paxos told Consensus Miami 2026 that stablecoin regulation has sped up adoption but privacy gaps and missing payment rails remain critical blockers.
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US banks reject CLARITY Act stablecoin deal days before Senate vote

Five major US banking groups reject the Tillis-Alsobrooks stablecoin deal days before the Senate Banking Committee's May 14 markup of the CLARITY Act.
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BNY brings $59T custody power to Abu Dhabi crypto push

BNY plans Abu Dhabi crypto custody with Finstreet and ADI Foundation, starting with BTC and ETH before stablecoins and tokenized asset work.
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Pi Network launches Protocol 23 push at Consensus 2026

Pi Network co-founders Fan and Kokkalis spoke at Consensus 2026 on AI and human identity six days before Protocol 23 activates on May 11
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Stablecoins may be ready for a major rebrand, a16z says

A16z says stablecoins have outgrown their early crypto label as adoption rises across payments, finance, and onchain digital money.
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Visa stablecoin pilot expands to nine blockchains as volume hits $7 billion

Visa stablecoin volume grew 50% in one quarter. The five new chains include Circle's Arc, Coinbase's Base, and Stripe-backed Tempo
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Tether’s new open-source mining kit is a power grab over Bitcoin’s industrial stack

Tether has launched an open-source Mining Development Kit that collapses Bitcoin mining's fragmented hardware dashboards into a single JavaScript and React-based stack
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