Industry News
Major developments across crypto companies, networks and market infrastructure.
Circle Q3 Revenue Rises 17% as ARC Presale Offsets Lower Reserve Income
Circle reported $865M in Q3 revenue and reserve income. ARC presale revenue helped offset an 8% decline in reserve income, despite higher USDC activity.
HKMA Adds 24/7 Tokenised Settlement to EnsembleTX Pilot
Hong Kong’s EnsembleTX pilot now supports 24/7 interbank settlement in tokenised central bank money. The HKMA reports 12 participating banks and 20 industry pioneers.
FASE Launch Links Scam Prevention With a Stablecoin Aid Pilot
Tether announced FASE on October 28, 2026, bringing education, survivor support and a proposed stablecoin aid pilot under one foundation.
ACI and Circle Explore USDC Settlement Alongside Colombia’s Payment Rails
ACI Worldwide and Circle announced an October 27 collaboration to demonstrate USDC settlement within existing payment operations, initially focusing on Colombia.
Polygon Adds Solana to Open Money Stack Payment Routes
Polygon Adds Solana to Open Money Stack Payment Routes
Coinbase Reports 10.7% Q3 Crypto Trading Share, Up From 10.3% in Q2
Coinbase’s October 29 earnings presentation puts its Q3 2026 crypto trading-volume share at 10.7%, versus 10.3% in Q2, a fourth consecutive quarterly increase.
DTCC Launches Tokenization Service on Canton and Private Besu
Twenty DTC participants have signed access agreements. The service covers eligible securities, not all DTC custody assets.
Google Cloud Details Bitcoin Custody MPC; Service Remains in Preview
Updated documentation describes distributed signing for institutional Bitcoin custody. Preview terms still apply.
CFTC Announces Utah Lawsuit Over Prediction-Market Enforcement
The CFTC asserts federal authority while Utah alleges gambling-law violations. The lawsuit announcement is not a court order resolving the dispute.