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Circle (CRCL) selloff may be ‘overreaction’ but Open USD faces adoption test

Still, he argued that the Circle’s 16% selloff on Tuesday went too far. “I think it is an overreaction,” he told CoinDesk. Circle selloff (TradingView) He pointed to Paxos’ Global Dollar Network (USDG), another consortium-backed stablecoin that shares reserve income with partners but has yet to gain significant market share. It has grown to a…

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Invisible surplus widens in Q4FY26 to $90,513mn as remittances jump 30%

MUMBAI: India’s invisible surplus widened sharply in the quarter ended Mar 2026 and over FY26, driven by strong services exports and higher remittances, while primary income outflows remained contained.The surplus rose to $90,513.93 million in Q4 FY26, up 24.05% from $72,968.57 million a year earlier. For FY26, it expanded to $312,047.60 million, up 18.20% from…

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