Weekly Crypto Recap: Schwab Adds Altcoins, Circle Mints 5B USDC, Bitcoin Hits $80K, and BTC‑Backed Mortgages Launch

This week’s market activity highlighted crypto’s expanding role in mainstream finance. Institutional players broadened their digital‑asset offerings, stablecoin supply surged, and Bitcoin reclaimed a key price level amid Treasury yield‑control discussions.

Charles Schwab expands its crypto lineup

The $13 trillion asset manager added Solana (SOL), Avalanche (AVAX) and Chainlink (LINK) to its digital‑asset platform, extending its focus beyond Bitcoin (BTC) and Ethereum (ETH). The move reflects growing institutional demand for diversified crypto exposure.

Circle issues 5 billion USDC in a single week

On‑chain data shows Circle minted roughly 5 billion USDC over the past seven days, marking one of its largest weekly issuance volumes. The increase in stablecoin supply aligns with a broader rebound in overall stablecoin market‑cap.

Bitcoin rebounds to $80,000

Bitcoin rose above the $79,000 resistance level, retaking the $80,000 mark and pushing its market capitalization to about $1.61 trillion. The price move coincided with Treasury bond buybacks that have reignited debate over yield suppression.

Stanley Druckenmiller warns against Treasury intervention

Investor Stanley Druckenmiller criticized the U.S. Treasury’s $4 billion bond‑buyback program, describing it as a risky gamble that could affect long‑term borrowing costs and influence Bitcoin’s price dynamics.

Coinbase and Better launch bitcoin‑backed mortgages

Coinbase partnered with Better to offer mortgages backed by Bitcoin collateral. A waitlist indicated over $260 million in projected demand, allowing borrowers to use BTC for down‑payment while retaining a conventional Fannie Mae loan structure.