But also there's this thing called chargebacks. Merchants like stable coins. They merchants like stable coins.The lower transaction cost because it's, you know, it's nothing. It's not 3%, 1%, 0 point. It's really super low.And this is why this is why Visa is tracking it. They're tracking all these transaction because they don't want to become obsolete. But they say tra chargebacks are also a problem.You know, people go on there like I want this and that. Ah, I don't want that. And then they have to charge a ...

Core Insights - Digital Asset Technologies Inc. (DATT) announces that its portfolio company, LiquidLink AI Corp., has launched enterprise-grade infrastructure on the Bitcoin Lightning Network and Ripple's Interledger Protocol (ILP), positioning LiquidLink as a foundational hub in the Internet of Value [1][2] Group 1: LiquidLink's Infrastructure and Goals - LiquidLink aims to create a highly connected hub that bridges fragmented liquidity pools and enables reliable settlement between networks, focusing on being the infrastructure layer for merchants and institutions [2][3] - The company plans to support the rise of stablecoins on Bitcoin and XRP Ledger, leveraging the recent Clarity for Payment Stablecoins Act to accelerate its initiatives [3][4] Group 2: Cross-Chain Liquidity Bridge - LiquidLink's next milestone involves creating the first cross-chain liquidity bridge to connect Bitcoin-native assets with the XRP Ledger, facilitating seamless asset movement [4] Group 3: Node Operations and XRPFY Platform - LiquidLink's node business operates independently but complements XRPFY, the company's flagship platform for efficient payment routing and liquidity discovery, which will be utilized for cost-effective payment paths [5] Group 4: Company Overview - Digital Asset Technologies Inc. focuses on equity investments in global companies developing technology, with LiquidLink concentrating on secure, interoperable infrastructure for the tokenized economy [6][7]

RT Redwan (@RedoudouM)Ethereum is the ecosystem with-The Tech > EVM is the standard for enterprise-The Distribution-The Liquidity135B of stablecoins live on Ethereum. ...

Crypto may finally be going mainstream, spurred in part by the billion-dollar public debut of Circle, the issuer of stablecoin USDC, and the passage of the stablecoin legislation drafted by the Senate, dubbed the Genius Act. The yays are 68, the nays are 30. The bill, as amended, is passed.Big finance players are getting in on the action. Coinbase, which earns half of the revenue generated by USDC, launched a new partnership with payment platform Stripe and e-commerce giant Shopify to bring USDC payments to ...

Stablecoins will do more for the perception of our industry than anything else.These takes are absolute zeros btw.Noah Kagan (@noahkagan):What’s amazing for how popular cryptocurrency is, they’re still almost 0 actual use cases. Prove me wrong. ...

Shares of Circle Internet Group (CRCL -15.37%) fell this week, down 24.9% as of market close on Friday. The slide comes as the S&P 500 (^GSPC 0.52%) and Nasdaq-100 were up 3.4% and 4.2%, respectively.The company, which went public earlier this month, is the sole issuer of USDC, one of the most popular stablecoins on the market. After an incredible post-IPO run, the company's stock retreated this week as investors grew wary of its valuation.A week of mostly positive news wasn't enoughLast week, the Senate's ...

Group 1: Market Performance - Major U.S. equities indexes gained, with the S&P 500 advancing 0.5% to a record closing high, and the Nasdaq Composite also reaching its highest-ever closing level with a 0.5% gain [2][10] - The Dow increased by 1% on the same day [2] Group 2: Trade Developments - U.S. and China agreed on a trade framework, confirming earlier details, while President Trump ended trade talks with Canada [3] Group 3: Company Performances - Nike shares surged 15% after reporting smaller-than-expected sales and profit declines, indicating progress in its turnaround plan under CEO Elliott Hill [4] - Boeing shares rose 5.9% following trade progress with China, with analysts upgrading the stock to "buy" due to improved production and financial outlook [5] - Equinix shares gained 5.3% despite previous losses, benefiting from demand for data center services driven by AI adoption [6] - Palantir Technologies shares fell over 9% due to easing geopolitical tensions and a decrease in the Department of Defense's budget request for fiscal 2026 [7] - Coinbase Global shares dropped 5.8% after ARK Innovation ETF sold 33,000 shares, despite recent positive developments in the crypto space [8] - Enphase Energy shares declined 4.9% after a reversal of gains related to Senate budget bill discussions affecting solar companies [9] - Newmont shares fell 4.1% as gold prices decreased amid improved U.S.-China trade relations [10]

Legislative Progress & Impact - Two separate crypto measures are advancing in Congress, including stablecoin and market structure legislation, with the House committed to passing both before the August recess [2][3] - The simultaneous movement of these two pieces of legislation is considered a pivotal and historic moment for the crypto industry [4] - The legislation aims to provide a regulatory framework for the crypto industry, offering clarity and safeguards that were previously lacking [5][6][8] Regulatory Environment - The industry faced a hostile regulatory environment with enforcement actions despite efforts to comply with regulations [5][7] - The new framework allows the industry to come under regulatory supervision, providing certainty for innovators and safeguards for market participants [8][9] Stablecoin & Dollarization - Stablecoin legislation is crucial for national security, ensuring the U S dollar backs stablecoins [10] - The U S aims to remain the primary location for stablecoin issuers and the preferred currency backing for these coins [10]

Hurdles in banking and retail may make brand-name stablecoins an idea better in theory than in practice, a senior analyst from credit rating agency Moody's contends. https://t.co/tlLnw7ne6J ...

Stablecoins dominated CoinDesk's news coverage this week -- not for the first time.Here were the most significant developments.Compiled by @btschillerhttps://t.co/y9u7rcXnV3 ...