Western Union is working on a stable coin card whose value will be pegged to US dollar. This is being made for countries with high inflation. CFO Matthew Cagwin stated at the UBS Global Technology and AI Conference that the product aims to help users protect purchasing power from rapid currency depreciation.
Good news for the cryptocurrency exchanges registered and regulated in Malaysia. Wong Huei Ching, Executive Director of Digital Strategy and Innovation of Malaysia was at the Finternet 2025 where she made a bunch of announcements.
Some news outlets are carrying news on deUSD depegging and dropping from $1 to $0.1. This news is misleading and not true at all.
DeFi protocol Balancer has been exploited for a total $116.6M and the amount is surging quickly. Stay safe and secure your funds.
(more…)Binance US may finally be coming back after a long hiatus. Trump’s pardon may pave the way for CZ’s return and Binance’s integration of Binance US. Binance is definitely weighing options, including merging Binance US into global operations or letting its main exchange enter the USA directly.
A Base token is a toll on Coinbase blockspace: sequencer fees + MEV share > ads. $12–34B needs throughput and explicit fee pass-through to holders. With ~40% treasury, make revenue and governance rights real or it’s equity cosplay.
BNY Mellon is currently exploring the launch of tokenized deposits to enable clients to make payments via blockchain. At the time of this post, BNY currently processes about $2.5 trillion in payments per day and oversees $55.8 trillion in assets under custody.
Stripe has launched Open Issuance. It is a stablecoin platform that is going to debut along with Phantom’s CASH. Stripe Open Issuance lets businesses issue and redeem their own stablecoins with minimal code, with custody by BlackRock, Fidelity, and others. Stripe also announced its partnership with OpenAI to launch Agentic Commerce Protocol, enabling merchant–AI agent transactions.
Dogecoin ETFs (TDOG) have gone live on the DTCC website. This listing is part of the standard preparation process for launching a new ETF and does not indicate any regulatory approval or completion of other approval procedures.
Did you know that the stablecoins funds such as USDC and USDT can be frozen? Well, now that you know this, the Israel’s Ministry of Defense has ordered the seizure of 187 crypto wallets allegedly linked to Iran’s IRGC, saying they processed over $1.5B in USDT and currently hold about $1.5M.
