Vaibhavv Ali
Visa is launching an initiative to integrate stablecoins into its Visa Direct platform to radically shrink settlement times for cross-border money transfers, moving from days to minutes. This effort aims to give businesses faster access to working capital and reduce the necessity of pre-funding large cash balances. How the New Model Works Stablecoin Pre-funding: The new … Read more
Bryan Chen, co-founder and CTO of Acala, has introduced a proposal for a self-sustaining, native stablecoin called pUSD within the Polkadot ecosystem. This coin aims to reduce Polkadot’s reliance on centralized external stablecoins like USDT and USDC. Key Features and Rationale Issuance Mechanism: pUSD would be issued using Acala’s Honzon protocol, which relies on overcollateralized … Read more
US-listed Bitcoin and Ethereum spot Exchange-Traded Funds (ETFs) collectively recorded over $1 billion in net inflows on Monday, reversing a recent trend of outflows and signaling renewed institutional optimism. This surge in demand coincided with the Bitcoin price rebounding sharply above $114,000. Ethereum ETFs Lead the Inflow Surge Ethereum spot ETFs led the rebound, flipping … Read more
Solana (SOL) emerged as a significant outlier last week, attracting $291 million in institutional inflows, the largest among all digital assets, according to CoinShares data. This strong performance occurred even as the broader digital asset market saw $812 million in overall outflows, largely driven by heavy losses in Bitcoin ($719 million outflow) and Ethereum ($409 … Read more
OKX Singapore has launched a new scan-to-pay service, which it claims is the first of its kind in the city-state, enabling customers to use their USDC or USDT stablecoins for everyday purchases at GrabPay merchant locations. Key Details of the Service Partnerships: The service, called OKX Pay, is a collaboration with stablecoin issuer StraitsX and … Read more
The Hyperliquid (HYPE) token has experienced significant price swings, dropping about 33% from its all-time high of nearly $59.43 on September 18 to a low near $39.78 before rebounding to trade above $46. This volatility has put traders on edge. Underlying Strength in DeFi Metrics Despite the sharp correction, Hyperliquid’s fundamentals remain robust: Total Value … Read more
Wisconsin lawmakers have introduced Assembly Bill 471 (AB471), a measure that would exempt individuals and businesses in the state from needing a money transmitter license from the Department of Financial Institutions (DFI) for various digital asset activities. The proposed exemptions specifically cover: Crypto mining Staking Developing blockchain software Exchanging digital assets, provided the transaction does … Read more
The U.S. Securities and Exchange Commission (SEC) has instructed issuers to withdraw their 19b-4 filings for crypto exchange-traded funds (ETFs), which include products tracking cryptocurrencies such as Solana (SOL), Ethereum, XRP, Cardano (ADA), Litecoin (LTC), and Polkadot (DOT). This regulatory change, effective as of September 30, shifts the entire focus of the ETF approval process … Read more
Nvidia is preparing to reshape the future of financial technology with a staggering $100 billion push into crypto payroll and compliance-focused AI. As decentralized finance matures and remote-first teams become the norm, the combination of blockchain payments and artificial intelligence is creating a powerful new infrastructure for borderless payroll. Unlocking Global Crypto Payroll One of … Read more
Pop Social and CryptoPay: Redefining Web3 Social Empowerment In a significant step toward reshaping the future of digital interactions and decentralized finance, Pop Social, a pioneering decentralized social platform, has announced a strategic partnership with CryptoPay, an AI-powered payment solution provider. This collaboration marks an ambitious move to seamlessly combine social engagement with secure, intelligent financial transactions, … Read more