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@MoneyGram has integrated U.S. dollar-pegged stablecoins into its mobile app, launching first in Colombia, a key remittance market. The app uses $USDC and Stellar blockchain for transactions. #Update #Crypto $USDC
Major U.S. banks are lobbying against the GENIUS Act, fearing stablecoins may disrupt their profits, despite analyses showing no significant impact on community bank deposits. #Update #Crypto $USDC
@Metaplanet establishes subsidiaries in Japan and the U.S., acquiring bitcoin.jp, as it expands its bitcoin operations, holding over 20,000 BTC. Stock drops 1.16%. #Update #Crypto $BTC
@HexTrust has integrated custody and staking for $stETH, enabling institutional clients to manage staking rewards securely. This move addresses operational complexities in Ethereum’s staking economy. #Update #Crypto $ETH
$BNB rose 1.4% to $933.03 as large transactions broke resistance, reflecting increased market interest ahead of potential U.S. interest rate cuts. Corporate treasuries hold 828,900 BNB valued at $770M. #Update #Crypto $BNB
The U.S. House passed the Digital Asset Market Clarity Act 308-122, while the Senate is drafting a similar bill; both aim to clarify crypto regulations and may take months to finalize. #Update #Crypto $BTC
@Centrifuge and @Plume launch the $50M Anemoy Tokenized Apollo Diversified Credit Fund (ACRDX), offering blockchain investors access to Apollo’s credit strategy. #Update #Crypto $USDC
Sui ($SUI) surged nearly 4% to $3.63 after being chosen as a launch partner for Google’s Agentic Payments Protocol, with trading volume hitting 33.14 million. #Update #Crypto $SUI
@GalaxyDigital plans to launch a tokenized money-market fund on Ethereum, Solana, and Stellar, aiming for enhanced liquidity. Anchorage Digital will act as custodian. #Update #Crypto $GLXY
Ethereum’s validator exit queue has reached a record 2.5 million ETH, causing wait times to exceed 46 days, as stakers react to security concerns and profit-taking. #Update #Crypto $ETH
@Keyrock expands into asset management by acquiring Turing Capital, launching a new division for institutional clients. The firm aims to offer comprehensive digital asset services and has applied for EU regulatory approval. #Update #Crypto $BTC $ETH
$IMX surged 15% to a five-month high amid increased trading volume, driven by optimism in the gaming sector and a dropped SEC probe. $AVAX also rose 6%. #Update #Crypto $IMX
@Coinbase’s Faryar Shirzad argues stablecoins do not threaten bank deposits, countering U.S. banking claims and emphasizing their efficiency in payments over traditional banking methods. #Update #Crypto $USDT
BitMine Immersion Technologies (BMNR) reported $10.77 billion in crypto, cash, and equity holdings, including 2,151,676 $ETH and $569 million in cash. Its stake in Eightco rose to $214 million. #Update #Crypto $ETH
