$300b stablecoins sitting idle at btc $125k ath. that's not how cycles work. solana captured 40% stablecoin growth in 3 months vs ethereum's 27%. visa stripe paypal all building payment rails on sol not eth. when $300b rotates from usdc to risk the settlement layer wins first ...

Can stablecoins draw $1T+ from emerging market banks by 2027???Stablecoin adoption in developing economies expected to surge from ~$170B to $1.2T by 2028.Why?People want out of their failing home country fiat currency into the strong USD. While new crypto regulations have tightened the rules for compliant stablecoin issuers from passing on yields from US treasuries, there is still a massive demand for storing wealth.When I was in Argentina in April 2023, the USD/peso ratio was 1/300.Fast forward to today, i ...

Core Insights - Bank of New York Mellon Corp. is testing tokenized deposits to modernize its payments infrastructure and expand blockchain use in global finance [1] - The initiative aims to facilitate blockchain-based payments using tokenized versions of traditional deposits [1][3] Group 1: Project Overview - The project supports real-time, instant, and cross-border transactions across BNY Mellon's global network [2] - BNY Mellon's treasury services division processes approximately $2.5 trillion in payments daily [3] Group 2: Technology and Benefits - Tokenized deposits serve as digital representations of cash held at commercial banks, enabling instant transfers and real-time transaction settlements [4] - This technology is expected to make payments cheaper, faster, and available 24/7 [4] Group 3: Industry Context - BNY Mellon's move aligns with growing blockchain adoption among major financial institutions, with JPMorgan and HSBC also launching similar initiatives [5] - Several European banks are exploring fiat-linked stablecoins, indicating a trend towards modernizing the global payments ecosystem [6] Group 4: Regulatory Environment - The acceleration of blockchain adoption in traditional finance is influenced by emerging regulatory clarity in the U.S. and Europe [7]

>> LIVE FROM BLOOMBERG’S WORLD HEADQUARTERS, I’M SCARLET FU. TIM: AND I’M TIM STENOVIC. WE’LL SPEAK TO ONE OF THE MOST PROMINENT VOICES IN CRYPTO, KATIE HAUN WHO MANAGES BILLIONS ACROSS DIGITAL ASSETS AND WAS A EARLY BELIEVER IN STABLECOINS.SCARLET: AS PART OF HER INVESTMENTS SHE’S ADDICTED TO THE MARKET. AND $2 BILLION WILL BE INVESTED IN MOLLYMARKET -- POLYMARKET. TIM: BITCOIN HITTING A FRESH RECORD ON SUNDAY, CLIMBING TO $125,000 PER BITCOIN.WE’RE JUST SHY OF THAT NOW. LET’S ROUND IT UP, $122,000. IT WAS ...

TOTAL2, EXCLUDING STABLECOINS, IS CLOSING IN ON ALL-TIME HIGHS.THAT’S WHERE ALTSEASON BEGINS... https://t.co/f0Bs3Qfu8f ...

RT sarahsss (@Sarahssscy)Since last year, our team has been working with major exchanges, wallets, and mainstream payment gateways to support our gasless campaign for stablecoins, and we’ve gained strong support from many partners. As a result, both the DAU and transaction data for stablecoins have continued to grow.This year, we are committed to further driving the adoption of stablecoins on BNB Chain, including but not limited to:1.Increasing the circulation of mainstream stablecoins on BNB Chain to ensur ...

Core Insights - Ethereum is approaching its all-time high of $4,946.05 and could potentially exceed $5,000 if institutional demand and progress towards the Fusaka upgrade remain strong [1][4] - Sustained institutional demand, upgrade-driven scalability, and favorable macro conditions are critical for Ethereum's price trajectory towards $5,000 [2] Institutional Demand - Spot ETH ETFs have experienced significant inflows, totaling over $1.3 billion in the past week, indicating renewed confidence from institutional investors [2] - Ethereum ETFs had a strong start to the week, attracting $176.6 million during Monday's trading session, and a total of $1.48 billion last week, marking a recovery from previous losses [3] Price Movement - Ethereum's current trading price is $4,560, having gained over 10% in the past week, and is 7.6% away from its all-time high [4] - User sentiment on Myriad shows that 80% believe Ethereum will reach $5,000 before it dips to $3,500, reflecting increased optimism compared to the previous week [5] Macroeconomic Factors - Risk assets, including Ethereum, have benefited from favorable monetary policy signals from the U.S. Federal Reserve, which is set to meet at the end of the month to discuss interest rates [6] - A dovish Fed stance, pressure on fiat currencies, and positive momentum in gold could lead to increased flows into risk assets, with Ethereum likely to benefit significantly due to its foundational role in DeFi and tokenization [7]

🚨 CMC News: Banks Could Face $1 Trillion Deposit Loss to Stablecoins, Says Standard Charteredhttps://t.co/QdGFgojqk2 ...

Core Insights - Solana experienced a remarkable growth of over 11,000% in 2021, reaching a peak price of nearly $295 in January 2022, and trading between $190 and $250 in September 2022 [1][2] - Analysts from Standard Chartered predict Solana could finish 2022 at $275 and reach $500 by 2029, contingent on its ability to capture a larger share of the stablecoin and tokenized asset markets [2] Market Position and Performance - Solana's total value locked (TVL) is currently $12.5 billion, representing about 9% of all on-chain funds, making it the second-largest blockchain after Ethereum, which has a TVL of $94 billion [4] - The TVL of Solana has increased significantly from $1.4 billion at the start of 2024, indicating strong growth potential in decentralized finance (DeFi), stablecoins, and tokenized assets [5] Future Growth Potential - Solana's price is closely linked to its TVL, and capturing a larger share of the tokenization market could lead to further value locked on the chain [6][7] - The tokenization of real-world assets, such as real estate and stocks, presents a significant opportunity for Solana to expand its ecosystem and drive TVL growth [8]

Company Overview - Fasset, a digital banking and investment platform based in Dubai and Jakarta, has received a provisional banking license from Malaysia to operate the world's first stablecoin-powered Islamic digital bank [1] Regulatory Approval and Services - The regulatory approval allows Fasset to offer Shariah-compliant savings, zero-interest accounts, investment services using stablecoins and tokenized assets, and global payments on-chain, addressing financial inclusion gaps in Muslim-majority regions in Asia and Africa [2] - Fasset plans to enable customers to hold deposits, invest in US stocks, gold, and cryptocurrencies, and utilize a Visa-linked crypto card for spending [3] Transaction Volume and Global Reach - The company processes over $6 billion in annualized transaction volume across 125 countries and holds regulatory approvals in the UAE, Indonesia, the EU, Turkey, and Pakistan [3] Blockchain and Tokenization - Fasset has received authorization from Bahrain's Central Bank to test blockchain-based asset tokenization solutions and has secured various licenses, including a Category 3 Crypto-Asset Service Provider license and a Virtual Asset Service Provider license from Dubai's Virtual Asset Regulatory Authority [4] Market Potential in Malaysia - Malaysia's crypto market revenue is projected to reach approximately $484.1 million by 2025, with active users expected to plateau around 2.8 million, positioning the country among the top 50 globally for crypto adoption by transaction volume [4] Regulatory Developments - The Securities Commission of Malaysia proposed significant changes to its digital asset exchange regulatory framework, following record trading volume of RM13.9 billion ($2.9 billion) in 2024, more than double the levels of 2023 [5] - Proposed reforms would allow specific tokens meeting predefined eligibility standards to list on regulated platforms without prior approval, reducing regulatory delays [6] Economic Impact of Crypto Mining - A report by the ACCESS Blockchain Association predicted that formalizing Malaysia's crypto mining sector could generate RM700 million in hardware and infrastructure investments, create 4,000 jobs, and contribute approximately RM150 million in annual tax revenue [7]