LATEST: 🇲🇾 Malaysia's central bank has launched three regulatory sandbox programs to test ringgit-pegged stablecoins with Standard Chartered and others for wholesale settlement between institutions. https://t.co/AktrSY8oW6 ...

Core Insights - Levl, a platform for global payments in fiat and stablecoins, has successfully raised $7 million in seed funding, led by Galaxy Ventures with participation from various notable investors [1][2] - The platform facilitates cross-border transactions, supporting both fiat currencies and stablecoins like USDC and USDT, and claims to enable same-day settlements in over 75 countries [2][4] - Levl aims to expand its product offerings, focusing on B2B cross-border transfers, card and stablecoin payment processing, and lending solutions [2][4] Company Overview - Levl was established in 2023 as a spin-off from Galaxy Digital, with founder Sandhu having a background as an FX trader at AQR [1][3] - The platform has achieved an annualized transaction volume exceeding $1 billion within just four months of operation [4] - Levl's international presence includes locations in London, New York, Canada, and Switzerland, and it is regulated in Switzerland and Canada [5] Market Position - The platform targets various use cases, including mobile wallets, neobanks, merchants, fintechs, remittance providers, brokers, and FX platforms, with institutional leaders like TerraPay, TapTap Send, and Nala utilizing its services [5] - Levl's mission is to democratize access to modern financial infrastructure by integrating traditional payment systems with digital solutions, simplifying the technical complexities of blockchain for businesses [4][3]

📰 #AscendEX Daily Updates🔷Trump praises the non-farm payrolls report and reiterates his call for the Fed to slash interest rates to the "lowest in the world."🔷Bank Negara Malaysia announces the launch of a regulatory sandbox for stablecoins and asset tokenization trials.🔷Hong Kong optimizes virtual asset supervision, incorporating Bitcoin and Ethereum as eligible collateral for securities margin financing.#AscendEX #Crypto #CryptoNews ...

There is still A LOT of silver lining in cryptoTbh I understand the doom and gloom.Prices suck ass, it hasn’t been a “flight to safety” like many believedBut zoom out.Everything is becoming tokenizedTrad fi has literal ETFs that are entirely focused on digital assets / cryptoDigital asset treasuries, albite a scam, were an attempt from trad fi at innovation for exposure to cryptoCrypto rails are scaling faster than ever with stripe and Shopify taking USDCWe are seeing globally more adoption of stable coins ...

I want to start with just the broader context here and we hit this with Mike but you know we're down 50% from market peak you've got you know a lot of money leaving the system clarity act uh unclear when that will pass uh yet Robert you just raised $82 million my you just took over the entire crypto team over at PayPal a lot of turnover there talk to me about why even though we're in in the midst of this bare market uh well down from the market peak of 126,000 for Bitcoin. Why you still see so much optimism ...

RT Token Terminal 📊 (@tokenterminal)The market cap & holder count for tokenized EUR are at an all-time high.Everyone talks about USD stablecoins, but EUR stablecoins are also a big market:⛓️ Onchain EUR: $1.2 billion market cap🧮 Offchain EUR: $16.1 trillion market cap https://t.co/onvBzWW8H4 ...

RT Euler Labs (@eulerfinance)Tokenized equities just became usable DeFi collateral on Euler.Tokenized stocks → supplyStablecoins → borrowExposure → keptSupply tokenized stocks on Euler and use them as collateral to borrow liquidity without selling. Built with @OndoFinance, @SentoraHQ, and @Chainlink. ...

Banks have launched a secret ad campaign to kill crypto and Coinbase is their primary target. The independent community Bankers of America group is running aggressive ad campaigns, labeling Coinbase CEO Brian Armstrong as public enemy number one on Wall Street. They are urging senators to side with banks and ban stable coin yields entirely.But why the sudden aggression. Well, according to the bank's own data, stable coins could drain $1.3% trillion from community bank deposits and reduce lending by $850 bil ...

RT Michaël van de Poppe (@CryptoMichNL)During the first stage of growth, price usually doesn't follow.That's what happened with $ETH in 2019.Absolutely no growth on the markets, and then, during the period where the stablecoin transactions peaked, that's when price started to follow.Price follows narrative.That's what's going to happen with $ETH in the coming period.The amount of transactions of stablecoins on Ethereum has gone up by 200% in the past 18 months.Price is down 30%.I don't know a better opportu ...

The market cap & holder count for tokenized EUR are at an all-time high.Everyone talks about USD stablecoins, but EUR stablecoins are also a big market:⛓️ Onchain EUR: $1.2 billion market cap🧮 Offchain EUR: $16.1 trillion market cap https://t.co/onvBzWW8H4 ...