
Category: Other
Western Union USD Pegged Debit card for countries with high inflation
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.

Malaysia gives full autonomy to crypto exchanges for listing tokens
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.

FUD on deUSD and sdeUSD
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.

Stripe Open Issuance launched, backed by BlackRock and Fidelity
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 ETF go live on DTCC
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.

Grayscale Avalanche Trust application submitted to SEC
Grayscale, Bitwise, Canary, CoinShares file for tweaking spot XRP ETF
Big players like Grayscale, Bitwise, Canary, and CoinShares are fine-tuning their applications for spot XRP ETFs, working closely with the SEC to get things just right. They’re setting up these ETFs to allow for either XRP or cash when creating or redeeming shares, offering flexibility that makes the whole process smoother.

Ripple applies for US banking license
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.

Bitcoin Treasury Corporation allocates 292.8 BTC as treasury
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.


