Live from Bloomberg's world headquarters in New York. I'm Scarlet Fu and I'm Tim Stanback. Welcome to Bloomberg Crypto with a look at the people, transactions and technology shaping the world of decentralized finance.Here is what's at stake today. Bitcoin stays in a tight trading range as the Clarity Act remains stalled in the Senate, and institutional adoption looks healthy. We're going to discuss both of those angles with former CFTC Commissioner Somer Persinger and the CEO of Wintermute, Yevgeny Giveaway ...

JUST IN: @WesternUnion, one of the world's oldest and largest money transfer companies, has launched Stablecard, a @rain-powered @Visa card for holding and spending dollar-backed stablecoins. https://t.co/moRgGDtPlx ...

🔥 NEW: Western Union launches its Solana-based Stablecard, usable at 175 million Visa merchants. https://t.co/Zr7zn2crOf ...

Few years ago news like this would've pumped $SOL by 20%+ but today it's non-event in Solana trenches.Rain (@raincards):Western Union's Stablecard is live.Remittances can now arrive as stablecoins and be spent instantly anywhere Visa is accepted.Mobile app, embedded wallets, and cards powered by Rain.$100B a year for 100M customers is moving onchain. https://t.co/8ztx2L9ypO ...

Solana is the home for Western Union's StablecardWestern Union officially launches "Stablecard," a next-generation remittance product that enables cross-border funds to arrive as on-chain stablecoins and be spent instantly via the @Visa network.The service utilizes Western Union’s native $USDPT stablecoin, issued on @Solana and powered by @Raincards infrastructure.At launch, the card is available across 37 markets, providing a base of 100M customers with direct access to 175M merchant locations globally. ...

BREAKING: Western Union's Stablecard is live.Spend instantly anywhere Visa works, across 175M merchant locations in 37 markets at launch.The card runs on USDPT, @WesternUnion's own stablecoin issued onchain on Solana and powered by @raincards. https://t.co/01NajGWGPeRain (@raincards):Western Union's Stablecard is live.Remittances can now arrive as stablecoins and be spent instantly anywhere Visa is accepted.Mobile app, embedded wallets, and cards powered by Rain.$100B a year for 100M customers is moving onc ...

[music] This is Guru Focus Market Today, your afternoon market brief for Monday, August 3. Here's where things stand. Amazon surpassed a $3 trillion market capitalization after reporting strong second quarter results with revenue climbing 20% and its AWS cloud business achieving record performance.Shares surged on the earnings news, propelling Amazon into a select group of companies to reach this valuation milestone. The move underscores continued investor enthusiasm for big tech, especially amid robust qua ...