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Kraken Adds Support for Circle’s USDC and EURC Stablecoins to Increase Liquidity
Kraken, a global cryptocurrency exchange, has partnered with an affiliate of Circle Internet Group, Inc. to expand access to USDC and EURC on its platform. The partnership aims to support the development of onchain financial applications. Kraken has been a provider of stablecoin liquidity since 2017. The collaboration with Circle is intended to increase liquidity, lower conversion fees, and provide access to Circle’s euro-denominated stablecoin, EURC. The company said demand for stablecoins on its platform has grown steadily. Regulatory clarity in several jurisdictions and rising confidence in the market have ... (full story)
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Recent indicators suggest that growth of economic activity moderated in the first half of the year. Job gains have slowed, and the unemployment rate has edged up but remains low. Inflation has moved up and remains somewhat elevated. The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. Uncertainty about the economic outlook remains elevated. The Committee is attentive to the risks to both sides of its dual mandate and judges that downside risks to employment have risen. In support of its goals and in light of the shift in the balance of risks, the Committee decided to lower the target range for the federal funds rate by 1/4 percentage point to 4 to 4‑1/4 percent. In considering additional adjustments to the target range for the federal funds rate, the Committee will carefully assess incoming data, the evolving outlook, and the balance of risks. The Committee will continue reducing its holdings of Treasury securities and agency debt and agency mortgage‑backed securities. The Committee is strongly committed to supporting maximum employment and returning inflation to its 2 percent objective. FOMC STATEMENT COMPARE: pic.twitter.com/6gTcajtaKz One dissenter: Voting against this action was Stephen I. Miran, who preferred to lower the target range for the federal funds rate by 1/2 percentage point at this meeting. FED SAYS DOWNSIDE RISKS TO EMPLOYMENT HAVE RISEN
From cointelegraph.com | Sep 17, 2025
Bullish, the digital asset platform and infrastructure provider that debuted on the New York Stock Exchange last month, has secured regulatory approval to expand its operations in the United States a key milestone as exchanges seek a clearer footing in one of cryptos most scrutinized markets. Bullish announced Wednesday that its US arm, Bullish US ...
From financemagnates.com | Sep 18, 2025
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