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If You Hold XRP You BETTER Watch This | Every Single Bank!
NCashOfficial - Daily Crypto & Finance News· 2025-12-01 17:00
Every single bank will be on chain. I've said this many times over in the last 12 plus months. In fact, this is something that I've been saying since going all the way back to 2023.In this video, I want to go over a lot of things, including the fact that yes, we will eventually see every single bank operating onchain. Now it might start initially by you know just bringing specific pieces of their business model on chain but then over time I think almost everything everything will be onchain including you kn ...
Korean tech giants to clash over stablecoins as competition heats up
Yahoo Finance· 2025-12-01 16:33
Core Viewpoint - The competition for stablecoin dominance between South Korea's tech giants Naver and Kakao is intensifying, with both companies leveraging their existing platforms to drive adoption in sectors like K-pop, e-commerce, and webtoons [1][2]. Group 1: Naver's Strategy - Naver is positioned to gain an advantage in the stablecoin market due to its acquisition of Upbit, which is expected to enhance its crypto capabilities [3]. - Naver aims to integrate its stablecoin with its existing e-pay platform, Naver Pay, and the Upbit exchange, potentially launching on the Giwachain blockchain [4][5]. - The stablecoin will also be utilized on Naver's shopping and webtoon platforms, and integrated with its video streaming service CHZZK for content monetization [5][6]. Group 2: Kakao's Approach - Kakao, known for its KakaoTalk app and Kakao Bank, is also exploring stablecoin issuance, potentially leveraging its partnership with Coinone, a competitor to Upbit [7]. - There are speculations about Kakao considering a takeover of Coinone to strengthen its position in the stablecoin market [7].
X @Lookonchain
Lookonchain· 2025-12-01 16:14
Nov 24–Nov 30, 2025 #LookonchainWeeklyReportThe crypto market weakened this week, with major assets down and trading activity cooling across both spot and perp markets.Stablecoin flows and institutional accumulation remained steady despite the overall decline.🟢 Stablecoin MarketThe total stablecoin market cap increased by $3.26B.🟢 Spot & Perps Trading Volume on DEXs🟢 Protocol Revenue🟢 Last week, a total of 9 public companies increased their holdings by 734.41 BTC ($62.2M).🟢 Institutional/Whale ActivityTom L ...
X @Polygon
Polygon· 2025-12-01 15:15
There are already more than 50K BRL-linked stablecoin txns on Polygon every weekAnd now you can earn R$ yield onchain too 🇧🇷Transfero (@transferogroup):🚀 Big news for on-chain fixed income!Transfero, https://t.co/XmLoQlAHnA, @etherfuse and @0xPolygon just teamed up to bring Brazilian real yield on-chain, opening one of the world’s highest real-interest markets to global DeFi. https://t.co/aVyHwrMw4v ...
X @Wendy O
Wendy O· 2025-12-01 15:00
Binance showed resilience during the recent market correction with $25B in spot and $62B in futures volume, far ahead of other CEXs.It also captures over one third of $BTC and $ETH flows with $15B moving through the exchange.Stablecoin reserves hit a record $51.1B, backed by strong Oct-Nov inflows and the largest 30-day increase of 2025.Source: CryptoQuant ...
X @Documenting ₿itcoin 📄
Documenting ₿itcoin 📄· 2025-12-01 13:53
Stores in Bolivia are pricing items in Tether stablecoin https://t.co/TruVaTXFje ...
Sony to Bring USD-pegged Stablecoin in Early 2026 for In-Game Settlements
Yahoo Finance· 2025-12-01 12:37
Core Viewpoint - Sony is set to launch a USD-pegged stablecoin by early 2026, aimed at enhancing digital payments within its gaming and anime ecosystem [1][2]. Group 1: Stablecoin Launch and Integration - Sony Bank plans to issue a USD stablecoin, marking a significant entry by a Japanese firm into the US stablecoin market [2]. - The stablecoin will be integrated into Sony's gaming, streaming, and anime platforms, allowing users to make payments for subscriptions and digital content without credit cards [3]. - The initiative aims to streamline cross-border purchases and reduce transaction fees associated with card networks [4]. Group 2: Market and Regulatory Considerations - Over 30% of Sony's global revenue is derived from the US, making it a key market for the stablecoin's early adoption [4]. - Sony Bank has applied for a US banking license and plans to establish a local branch for regulatory compliance and issuance management [5]. - The stablecoin is expected to maintain a 1:1 peg with the US dollar and must adhere to US federal and state regulatory standards [5]. Group 3: Support and Potential Impact - Sony Financial Group has expressed support for the stablecoin project, which could unify digital payments across various platforms [6]. - Analysts suggest that the stablecoin could enhance user engagement, simplify international purchases, and increase Sony's control over its payment systems [6]. Group 4: Concerns from US Banking Associations - The proposal has faced scrutiny from American banking associations, with concerns raised about consumer protection risks due to the stablecoin resembling a deposit product without FDIC insurance [7]. - The Independent Community Bankers of America (ICBA) emphasized that Sony Bank should meet the same regulatory requirements as domestic institutions [7].
Sony Bank Could Issue USD Stablecoin in U.S. Next Year: Nikkei
Yahoo Finance· 2025-12-01 11:58
Sony Bank plans to issue a stablecoin in the U.S. as early as the fiscal year 2026, the Nikkei reported on Monday. The online banking arm of Sony Financial Group, which was spun out of the electronics giant this year, envisages the USD-pegged stablecoin being used to pay for games and anime, according to the report. Customers largely use credit cards to complete such transactions at present, so Sony may look to promote stablecoin payments through the lower fees they enable. Sony Bank applied for a banki ...
X @Wu Blockchain
Wu Blockchain· 2025-12-01 11:48
The CNB governor said allocating about 2.5% of reserves to a Bitcoin ETF would offer a return similar to raising U.S. equity exposure from 38% to 50%, but with less additional volatility. He added that if the bank had allocated 5% to BTC over the past decade, annual returns would have risen by roughly 3.5 percentage points, though overall portfolio volatility would have nearly doubled. https://t.co/tNDTu2TWjAWu Blockchain (@WuBlockchain):Czech National Bank (CNB) has announced the establishment of a pilot d ...