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Euronet Embraces Stablecoins: Faster Settlements & Lower Costs Ahead
ZACKS· 2025-10-20 14:16
Core Insights - Euronet Worldwide, Inc. has partnered with Fireblocks to integrate stablecoin technology into its cross-border payment systems, potentially transforming international money transfers [1][8] - The initial phase focuses on enhancing treasury operations and reducing reliance on pre-funded accounts, allowing real-time conversion of fiat to stablecoins [2][5] - Future plans include expanding stablecoin services across major business units like Ria Money Transfer and Xe, leveraging Dandelion's extensive network [3][4] Financial Implications - The partnership is expected to unlock capital currently tied up in pre-funded accounts, improving liquidity management [5] - Real-time settlements will lower counterparty risk and operational costs, enhancing margins on international transactions [5] - New stablecoin-based services could generate additional revenue streams across Euronet's remittance, wallet, and ATM ecosystems [5] Industry Context - Euronet's initiative aligns with trends among major payment companies, such as Visa and Mastercard, who are also exploring stablecoin integration for cross-border transactions [6][7] - Visa has launched a pilot program allowing businesses to use stablecoins for payouts, while Mastercard has developed capabilities for seamless stablecoin transactions [6][7]
Enzo Villani, Chief Investment Officer of AlphaTON Capital, to Speak at the Vatican’s 10th Anniversary World Changers Summit
Globenewswire· 2025-10-20 11:00
Group 1 - Enzo Villani, Chief Investment Officer of AlphaTON Capital, will speak at the 10th Anniversary of the IASC World Changers Summit in Vatican City, focusing on ethics, innovation, and digital transformation [1][2] - The Summit aims to foster ethical innovation and cooperation across nations, with previous participants including Nobel Laureates and global leaders [3][5] - Villani's presentation will highlight how responsible innovation and decentralized technologies can promote human progress and ethical governance [5] Group 2 - AlphaTON Capital is a digital asset treasury company focused on the Telegram Open Network (TON) ecosystem, implementing a comprehensive treasury strategy for sustainable returns [8] - The company engages in network validation, staking operations, and strategic investments in TON-based decentralized finance protocols and applications [8] - AlphaTON Capital is also involved in drug development, targeting checkpoint resistance pathways to improve patient treatment responses [8][9]
BIT Mining Limited to Begin Trading Under New Name "SOLAI Limited" and New Ticker Symbol "SLAI" Effective October 20, 2025
Prnewswire· 2025-10-20 10:00
Core Viewpoint - BIT Mining Limited will rebrand as SOLAI Limited, effective October 20, 2025, with a new ticker symbol SLAI, reflecting its strategic shift towards artificial intelligence and blockchain technology [1][2]. Group 1: Company Overview - BIT Mining Limited, soon to be SOLAI Limited, is a technology-driven cryptocurrency infrastructure company transitioning from crypto mining to a broader blockchain ecosystem that includes AI, stablecoins, and payment infrastructure [4]. - The company aims to enhance on-chain efficiency and expand its participation in Solana and other blockchain ecosystems, thereby delivering value to its shareholders [2][4]. Group 2: Trading Information - The American Depositary Shares (ADSs) of the company will begin trading under the new name and ticker symbol on the New York Stock Exchange without requiring any action from current shareholders [1]. - Historical trading data for the company's ADSs may temporarily be found under the old name BIT Mining Limited and ticker BTCM until updated on third-party platforms [3].
X @Avalanche🔺
Avalanche🔺· 2025-10-18 16:00
Overview of Avalanche University's Campus Connect Program - The program aims to help students and educators learn, build, and grow in the blockchain space, regardless of their background or experience [1] - It provides free access to learning materials, community networking, student club support, and hands-on experience [2][3] Technological Advantages of Avalanche - Avalanche is presented as a fast and scalable blockchain platform suitable for building decentralized applications (dApps) without the typical speed or cost limitations [2] - Students can test ideas and build projects on a platform designed for the future [2] Community and Networking Opportunities - The program connects students with a global network of students, developers, and entrepreneurs [3] - Opportunities to work with industry experts and attend events are available [3] Support for Student Blockchain Clubs - Campus Connect offers support for starting blockchain clubs, including funding for events and hackathons [3] - Access to guest speakers from the Avalanche ecosystem and teaching materials for workshops are provided [3] Focus on Practical Experience - The program emphasizes real-world learning through building and launching projects that address real-world problems using blockchain [3] - It is open and free, aiming to provide students with the opportunity to explore blockchain technology and contribute to a more efficient digital world [4]
X @Solana
Solana· 2025-10-17 02:06
Solana生态系统 - Solana平台允许开发者构建应用 [1] - Solana社区提供支持和欢迎 [1] 增长机会 - 鼓励开发者扩展应用分发渠道和视野 [1] - 顶级应用在Solana上的成功案例表明,其他开发者也能实现 [1]
Why Tokenized Gold Is Booming as Spot Gold Breaks Records
Yahoo Finance· 2025-10-16 20:09
Core Insights - The convergence of digital currencies and traditional assets has led to the rise of gold-backed crypto tokens, also known as "tokenized gold," which combine the stability of gold with blockchain technology [1] Market Demand and Growth - The price of gold is reaching new all-time highs, driving increased demand for gold-backed tokens, with over $30 million worth of Tether Gold (XAUt) purchased by two crypto whales recently [2] - The total volume of tokenized gold has surged to approximately $3 billion, up from less than $500 million at the beginning of the year, with daily trading volumes exceeding $600 million [3] Characteristics of Gold-Backed Tokens - Gold-backed cryptocurrencies are digital tokens whose value is directly linked to physical gold held in reserve, typically representing ownership of one troy ounce or a fraction of it [4] - These tokens are stored by certified custodians, while the issuer retains legal ownership and commits to redeeming gold upon presentation of the token [5] Investor Appeal - Given the volatility of cryptocurrencies, gold-backed tokens may attract conservative investors seeking stability and real-world value, contrasting with more speculative assets like Bitcoin and Ethereum [5][6] - Tokenized gold offers digital convenience for traditional investors, including 24/7 trading and instant settlement, while maintaining the familiarity of a tangible asset [6] Leading Examples - Tether Gold (XAUt) and PAX Gold (PAXG) are among the top-performing gold-backed tokens in a market with a capitalization close to $3 billion [7]
“We’re 10 Years Behind”, SEC Chair Vows to Fast-Track U.S. Crypto Progress
Yahoo Finance· 2025-10-16 14:09
Core Viewpoint - The SEC acknowledges a significant delay in crypto regulation, stating it is "10 Years Behind" and prioritizing the development of a robust regulatory framework to foster innovation in the industry [1][4]. Group 1: Regulatory Approach - The SEC is committed to fast-tracking crypto regulation and has shifted its focus to support innovation within the digital asset space [2][3]. - An "innovation exemption" will be introduced to allow experimentation with new ideas in the crypto sector [2][3]. - The SEC has broad authority to grant exemptions under its statutes, enabling a more accommodating approach to new ideas in the crypto industry [3]. Group 2: Importance of Tokenization - Tokenization is highlighted as a crucial aspect of blockchain technology, offering significant potential benefits for the financial industry [4]. - The transparency of blockchain technology is emphasized as a powerful tool for addressing compliance issues [4]. Group 3: Legal Framework - The SEC's comments have brought renewed focus on how existing securities laws, particularly the Securities Act of 1933 and the Securities Exchange Act of 1934, apply to digital assets [5]. - Under the 1933 Act, assets classified as "securities" must be registered with the SEC unless an exemption is applicable [5]. - The 1934 Act extends regulatory oversight to secondary markets, including broker-dealers and exchanges [5].
Beeline Expands Warehouse Capacity to $25 Million, Adds Two New Banking Partners to Fuel Accelerating Growth
Globenewswire· 2025-10-16 13:00
PROVIDENCE, R.I., Oct. 16, 2025 (GLOBE NEWSWIRE) -- via IBN – Beeline Holdings, Inc., among the fast-growing digital mortgage platforms redefining the path to homeownership, today announced a significant expansion of its warehouse lending capacity from $5 million to $25 million, supporting its rapid revenue growth and scaling loan origination volume. Loan originations have increased over 30% per quarter in 2025, with further acceleration expected in Q4 2025 and into 2026 as interest rate cuts are expected t ...
What is Blockchain Technology
Medium· 2025-10-15 10:58
What is Blockchain TechnologyChoudryarmaan2 min read·Just nowJust now--Press enter or click to view image in full sizeAlthough the blockchain technology, is older than Bitcoin it is a core underlying, Component of most cryptocurrency Networks, Acting as a decentralized, distributed and Public digital Ledger that is resp0nsible for Keeping a Permanent record (chain of blocks) of all previously Confirmed transacti0nsDecentralized Network.Instead of a single central server, The ledger is copied and Spread acro ...
Cango Inc. to Terminate ADR Program and List Class A Ordinary Shares Directly on NYSE
Prnewswire· 2025-10-15 10:00
Core Viewpoint - Cango Inc. has announced the termination of its American Depository Receipt (ADR) program, with the transition to direct listing of its Class A ordinary shares on the NYSE, aimed at enhancing shareholder rights and reducing fees [1][2]. Group 1: ADR Program Termination - The board of directors approved the termination of the ADR program, which will take effect after market closes on November 14, 2025 [1]. - Upon termination, each holder of one ADS will receive two Class A ordinary shares, and trading of these shares will commence on November 17, 2025, under the existing symbol "CANG" [1][2]. Group 2: Benefits of Direct Listing - The direct listing of Class A ordinary shares is expected to allow U.S. investors to exercise their rights directly as shareholders, eliminating depositary fees associated with ADS holders [2]. - This transition may enhance institutional visibility for the company and support its strategy of becoming a U.S.-centric organization, potentially broadening its investor base [2]. Group 3: Company Overview - Cango Inc. is primarily engaged in Bitcoin mining, with operations across North America, the Middle East, South America, and East Africa, having entered the crypto asset space in November 2024 [4]. - The company also operates an online international used car export business through AutoCango.com, facilitating access to high-quality vehicle inventory from China [4].