P2P Payments & Remittances - Stablecoins are transforming peer-to-peer payments and remittances [1] - Stablecoins are significantly reducing fees for a $200 transfer [1] - Banks charge 12.66% for a $200 transfer, MTOs charge 5.35%, and mobile carriers charge 3.87%, while stablecoins fees are near zero [1]

Bullish Takes $1.15 Billion in IPO Proceeds via Stablecoins—Mostly on Solana► https://t.co/Vyyh0CnaUp https://t.co/Vyyh0CnaUp ...

Stablecoin Adoption & Government Integration - Governments are adopting stablecoins, integrating digital money into core financial systems [1] - Onchain payments are transitioning from experiments to mainstream adoption [1] Polygon's Role - Polygon provides the infrastructure for stablecoins with low fees, real-time settlement, and global reach [1] - Polygon is highlighted as a launch chain, marking a significant milestone for Japan [1]

Core Insights - PayPal and Block are both key players in the fintech space, each with distinct approaches to digital payments and commerce [1][2] - PayPal focuses on a global two-sided payments platform, while Block operates through its Square and Cash App ecosystems [1] PayPal Overview - PayPal reported a 5% year-over-year revenue increase to $8.3 billion, with Total Payment Volume (TPV) rising 6% and non-GAAP EPS growing 18% to $1.40 [3] - The company raised its full-year EPS and transaction margin dollar guidance, indicating confidence in ongoing momentum [3] - PayPal's growth strategy includes enhancing checkout experiences, expanding Venmo, improving payment services profitability, and investing in AI and stablecoins [4] - Venmo's revenue grew over 20% year over year, with a 40% increase in monthly active accounts for the Venmo Debit Card and a 45% rise in TPV [4] - Despite challenges such as a 5% decline in payment transactions and a 4% drop in engagement per user, PayPal's fundamentals remain strong [5][6] Block Overview - Block's second quarter saw a 2% year-over-year revenue decline to $6.05 billion, but gross profit increased by 14% to $2.54 billion [7] - Cash App contributed significantly with a 16% gross profit increase, while Square saw an 11% rise [7] - Block introduced new features like Cash App Pools and Afterpay integrations, enhancing user engagement [9] - The company faces challenges, including reliance on Bitcoin and competition in consumer payments, which may limit its broader market reach compared to PayPal [11] Comparative Analysis - PayPal offers greater global scale and a stronger branded checkout presence, while Block is more U.S.-centric and focused on younger demographics [10][11] - PayPal's 2025 sales and EPS estimates suggest a year-over-year increase of 3.97% and 12.04%, respectively, with EPS estimates trending upward [12] - In contrast, Block's 2025 sales are expected to rise by 1.83%, but EPS is projected to decline by 23.7%, with estimates trending downward [13] Valuation and Performance - PayPal shares are considered undervalued with a Value Score of A, while Block shares are viewed as overvalued with a Value Score of D [15] - PayPal's forward Price/Sales ratio is 1.94X, below its three-year median, whereas Block's is 1.81X, above its three-year median [16] - Over the past three months, Block's shares have outperformed PayPal and the S&P 500 composite [17] Conclusion - PayPal demonstrates steady, profitable growth and strong global positioning, making it a more attractive investment currently [20] - Block, while innovative and engaging, faces greater volatility and earnings inconsistency, suggesting it remains a hold for long-term potential [20]

Bitcoin, Ethereum, XRP Flat as ‘Dry Powder’ Builds in Stablecoins► https://t.co/VWItaEceNU https://t.co/VWItaEceNU ...

RT SolanaFloor (@SolanaFloor)🚨JUST IN: @Bullish (NYSE: BLSH) has received $1.15B in IPO proceeds through stablecoins, most of which were minted on Solana. It is the first time stablecoins have been used at this scale in a U.S. public offering.The exchange also plans to migrate its core infrastructure to Solana-native stablecoins for custody, payments, trading, and settlement. ...

Industry Impact - Bullish 完成了美国首个以稳定币结算的 IPO，具有历史意义 [1] - 本次 IPO 募集了 11.5 亿美元的稳定币 [1] Cryptocurrency & Blockchain - 大部分（具体比例未提及）11.5 亿美元的稳定币是在 Solana 上铸造的 [1] - Solana 在华尔街崭露头角 [1]

a company just IPO'd in the USA and received 1.15B $ in stablecoinsmostly on Solanagood chainBullish (@Bullish):Bullish has arranged to receive $1.15 billion of proceeds from its recently completed initial public offering in stablecoins, which represents a historic step for the use of stablecoins in an initial public offering in the United States.https://t.co/hh9i22RS9I ...

Digital asset platform Bullish (NYSE: BLSH) announced that its $1.15 billion IPO proceeds were fully settled in stablecoins, making it the first IPO in the United States to be completed using stablecoin funding. The stablecoins used include USDCV, EURCV, USDG, PYUSD, RLUSD, among others.https://t.co/5W5j05Vb89 ...

Regulatory Landscape - Japan is positioning itself for widespread crypto adoption through a series of regulatory actions [1] - The Japanese Cabinet has permitted stablecoins to be backed by a wider range of low-risk assets [2] - The FSA (Financial Services Agency) is considering classifying crypto as a financial product under the FIEA (Financial Instruments and Exchange Act) [2] - The FSA is expected to approve yen-pegged stablecoins for the first time, potentially involving money transfer licenses [2] Stablecoin Developments - Yen-pegged stablecoins are anticipated to be approved, with JPY Coin mentioned as an example [2]