SEC Proposes Strict Rules for Stablecoins
The Federal Reserve proposes new rules for stablecoin issuers, requiring full reserve backing and standardized capital requirements under the GENIUS Act. Public comments open for 60 days. #Update #Regulation
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MEXC Launches Interactive TOKEN2049 Experiences
@MEXC returns as a Platinum Sponsor to TOKEN2049 Singapore, highlighting AI’s role in trading with interactive experiences and discussions on market evolution. #Update #Crypto
Bitcoin Ethereum Futures Depth Surges $21.03M
MEXC recorded the deepest BTC and ETH futures order book depth at $21.03M and lowest silver futures slippage at 0.002%, per TokenInsight’s September report. #Update #Crypto
Solana Sees $250M USDC Treasury Surge
Circle mints 250M $USDC on Solana, boosting stablecoin liquidity but not indicating a direct market buy. Solana remains a key USDC settlement venue. #Update #Stablecoin $USDC
Bitcoin Firm Hut 8 Wins $140M Bid
Hut 8 wins the auction for Poolin’s Texas data-center sites with a $140 million bid, pending U.S. Bankruptcy Court approval. #Update #Mining
Senate Democrats Demand Prediction Markets Hearing
All 11 Democrats on the U.S. Senate Banking Committee request a public hearing on prediction markets, citing oversight responsibilities after a private GOP meeting with Kalshi CEO. #Update #Legal
TRON Surges as Privy Expands Support
Privy expands its TRON integration, enhancing tools for developers to manage wallets and stablecoin transactions, leveraging TRON’s $94 billion USDT circulation. #Update #Crypto $USDT
Stablecoin Use Surges with Bank Protections
Visa study reveals U.S. stablecoin adoption could rise from 36% to 56% with bank-level fraud protection and deposit insurance, highlighting trust as a key barrier. #Update #Stablecoin
Galaxy Acquires $100M sUSDS for Treasury
Galaxy has added $100 million of Sky Protocol’s sUSDS to its corporate treasury and approved it as collateral for institutional trading, enhancing their DeFi integration. #Breaking #Crypto #Stablecoin
NYSE Launches 24/7 Tokenized Stocks
@Blockchain and NYSE Group explore tokenized U.S. stocks and ETFs, aiming for 24/7 trading via NYSE’s planned digital ATS, pending regulatory approvals. #Update #Crypto
Circle Launches 24/7 Stablecoin Settlement
Circle has launched StableFX on Arc, enabling 24/7 stablecoin-based FX settlements for approved institutions, utilizing smart contracts to mitigate settlement risk. #Update #Crypto #Stablecoin
TRON Integrates OpenZeppelin Security Standard
OpenZeppelin integrates its security suite with the TRON network, providing developers access to trusted smart contract libraries and tools. #Update #Blockchain $TRX
TRON Wallet Infrastructure Enhanced by Privy
Privy expands support for @TRONDAO, enhancing wallet and payment infrastructure for developers on the TRON blockchain, facilitating stablecoin operations. #Update #Blockchain $TRX
TRON Surpasses $30T Transaction Milestone
TRON DAO announced its blockchain surpassed $30 trillion in transaction volume, highlighting its dominance in stablecoin transfers and payments. #Update #Blockchain $TRX