In a recent statement, the CEO of Bank of America said their bank is exploring releasing a stable coin. However, there is no set timeline, citing low client demand and ongoing assessments of scale and potential partnerships. Morgan Stanley is closely monitoring developments, while Citigroup and JPMorgan have also indicated interest in stablecoin initiatives.

Tether, the company behind USDT stable coin on various blockchains has announce dit will be ending support on Omni, Bitcoin Cash SLP, Kusama, EOS, and Algorand blockchains starting September 1, 2025, as part of a strategic infrastructure review. It is very important that you move your funds to more popular blockchains where USDT is actively being used and supported.

Ripple’s XRP token is on fire as the company has applied for the US banking license. Ripple is applying for a national bank charter from the OCC. If approved, Ripple would have both state, via NYDFS and federal oversight, a new benchmark for trust in the stablecoin market.

Robinhood EU has announced launch of world’s first batch of private company stock tokens including OpenAI and SpaceX. In fact, 0xcB…f556 has minted 2,309 OpenAI stock tokens on Arbitrum. Robinhood Deployer: 0xcB…f556 has deployed a total of 213 tokens on Arbitrum or is undergoing related testing.

Bitcoin Treasury Corporation (BTCT), a Canadian public firm has announced it has allocated $125 million Canadian dollars via brokered share offering and acquired 292.8 bitcoins as a part of its bitcoin treasury strategy.

Cryptocurrency exchange Bitget has announced that it will be sponsoring MotoGP world championship. This is the first collaboration between MotoGP and a crypto company. MotoGP is also known as the F1 of motorcycle events.

Nobitex, an Iran cryptocurrency exchange has been targeted by Israel’s hackers. Hot wallets remain the top threat of all cryptocurrency exchanges. Tough hit, but at least they are stepping up to cover losses and secure cold storage. Lets hope the investigation brings clarity.

According to new sources, the trading volume of Binance Alpha is on a continuous decline from the past six days after reaching a peak volume of 2.04 billion dollars on 8th of June and dropping all the way to less than a billion, $987 million dollars to be exact on the June 14th 2025.

Walmart and Amazon are both considering their own USD-pegged stable coins to cut down on the payment costs and accelerate settlements as well. The plans hinge on the Genius Act’s regulatory clarity. Both firms may also join a merchant-led stablecoin consortium or adopt third-party solutions.

This proposal will convert 500,000 DOT into tBTC over the course of a year using Hydration’s rolling DCA feature.