Stablecoins
Search documents
X @Crypto Rover
Crypto Rover· 2025-08-20 11:04
💥BREAKING:🇺🇸 GOLDMAN SACHS SAYS CRYPTO STABLECOINS MARKET WORTH TRILLIONS. ...
X @Cointelegraph
Cointelegraph· 2025-08-20 03:30
Market Trends & Investment - SkyBridge Capital plans to tokenize $300 million in assets on Avalanche [1] - Bitmine bought another 52,475 ETH worth $220 million, bringing its total ETH holdings to 1,575,848 ETH ($6.6 billion) [1] - Bernstein predicts the crypto bull market could run through 2027, with Bitcoin reaching $150,000-$200,000 and altcoins like ETH and SOL driving the next phase [2] - Google increases stake in Bitcoin miner TeraWulf to 14%, becoming its largest shareholder [3] Regulatory Landscape & Policy - SEC Chair Atkins states the SEC is setting out to implement the President's Working Group on Digital Asset Markets' recommendations [1] - Wyoming becomes the first US state to launch a stablecoin, FRNT, backed by USD and Treasuries, though not yet available to the public [2] - South Korea's Financial Services Commission orders crypto exchanges to suspend new lending operations until proper guidelines are established [3] - Illinois governor signs two bills to protect crypto consumers [3] Stablecoin & IPO - Bullish received $1.15 billion in IPO proceeds settled in stablecoins, marking the first use of stablecoins in a U S initial public offering [1] Personnel Changes - Tether appoints Bo Hines, ex-White House Crypto Council exec, as Strategic Advisor for digital assets [2]
X @Cointelegraph
Cointelegraph· 2025-08-19 22:59
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]
X @Decrypt
Decrypt· 2025-08-19 19:20
Bullish Takes $1.15 Billion in IPO Proceeds via Stablecoins—Mostly on Solana► https://t.co/Vyyh0CnaUp https://t.co/Vyyh0CnaUp ...
X @Polygon
Polygon· 2025-08-19 18:13
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]
PayPal vs. Block: Which Fintech Stock Is the Better Buy Right Now?
ZACKS· 2025-08-19 16:41
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]
X @Decrypt
Decrypt· 2025-08-19 14:38
Bitcoin, Ethereum, XRP Flat as ‘Dry Powder’ Builds in Stablecoins► https://t.co/VWItaEceNU https://t.co/VWItaEceNU ...
X @Solana
Solana· 2025-08-19 14:31
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. ...