LATEST: 🏦 British multinational bank Standard Chartered is partnering with Singapore-based DCS Card Centre to power real-world crypto spending through DeCard, a credit card that processes stablecoin transactions for everyday purchases. https://t.co/ptPzDJXDuw ...

State of @hedera Q3Key Update: Hedera advanced institutional adoption as DeFi liquidity rebounded and Wyoming selected the network to support the Frontier Stable Token, the first U.S. state-issued stablecoin.QoQ Metrics 📊• HBAR market cap ⬆️ 43.3% to $9.1B• DeFi TVL ⬆️ 53.4% to $113.5M• Active accounts ⬆️ 15.8%cereal_killer (@FBitach):🧵 @hedera Q3 2025 Report• Market cap ↑ 43.3% QoQ → $9.1B• DeFi TVL ↑ 53.4% QoQ → $113.5M• Stablecoin cap ↑ 1.4% → $115.0M• Active accounts ↑ 15.8%• New accounts ↑ 178%Hedera s ...

🚨UPDATE: BRAZIL’S CENTRAL BANK TO CLASSIFY STABLECOIN PAYMENTS AND WALLET TRANSFERS AS FX OPERATIONS STARTING FEB 2026 ...

🇧🇷 LATEST: Brazil’s central bank will classify stablecoin payments and some wallet transfers as foreign-exchange operations starting Feb 2026. https://t.co/qDCO458OCo ...

🗣️ The Top Trending Coins dashboard indicates the projects making the biggest waves across social media are:🪙 Bitcoin $BTC: Trending due to its recent price surge past $106K, optimism around the US government shutdown resolution, and bullish market sentiment. Analysts predict a rise to $150K by year-end, highlighting Bitcoin's role as a store of value and symbol of digital trust. Additionally, Bitcoin adoption is growing with over 4 million Square merchants now able to accept Bitcoin payments with zero fees ...

Financial Data and Key Metrics Changes - Total GAAP revenue for Q3 2025 was $402 million, representing a 27% year-over-year increase, primarily driven by higher crypto trading activity [26] - Adjusted EBITDA reached $28.7 million, compared to a loss of $20.4 million in Q3 2024, indicating significant improvement in operational efficiency [26] - The company ended the quarter with approximately $64 million in cash and no long-term debt, reflecting a strengthened financial foundation [27][28] Business Line Data and Key Metrics Changes - Bakkt Markets serves as the core business, providing institutional-grade infrastructure for digital assets, with a focus on market making, OTC trading, and regulated custody [15][17] - Bakkt Agent is a programmable finance platform that integrates stablecoins and AI, facilitating seamless money movement and targeting the cross-border remittance market [19] - Bakkt Global focuses on international expansion through minority investments, with initial progress in Japan and plans to extend into South Korea and India [20][43] Market Data and Key Metrics Changes - Stablecoins now settle over $30 trillion annually, surpassing Visa, indicating a growing market for digital asset infrastructure [6] - The total addressable market for digital asset infrastructure is estimated to be enormous, with only a small fraction of global assets currently on blockchain rails [5] Company Strategy and Development Direction - The company aims to transform into a pure-play digital asset infrastructure provider, focusing on compliance, security, and scalability [2][4] - The strategy includes simplifying the capital structure by collapsing the UP-C structure, enhancing transparency and governance [12] - Future growth will be driven by three core verticals: Bakkt Markets, Bakkt Agent, and Bakkt Global, each contributing to a diversified revenue model [15][22] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in completing the transformation by the end of Q4 2025, with a focus on sustainable growth and profitability [30] - The regulatory environment is seen as favorable, with expectations for the Clarity Act to provide clarity for real-world asset tokenization [41] - The company is positioned to benefit from the increasing participation of large financial institutions in the stablecoin space [42] Other Important Information - The company raised approximately $100 million in new capital between Q2 and Q3 2025, further strengthening its balance sheet [13] - Management emphasized a disciplined approach to future capital raising, focusing on shareholder value [15] Q&A Session Summary Question: Insights on core offerings compared to ZeroHash - Management highlighted that both companies provide regulated infrastructure, but Bakkt aims for sustainable growth without heavy burn [32][33] Question: Key KPIs to monitor progress for 2026 - Key KPIs will include trading volume and spreads for Bakkt Markets, stablecoin transaction volume for Bakkt Agent, and NAV accretion for Bakkt Global [34][35][36] Question: Role of partnerships and M&A in strategy - The focus is on organic growth through distribution partnerships rather than M&A, with updates expected in the coming quarters [38][39] Question: Considerations for macro and policy impacts on growth - The Clarity Act is seen as a potential tailwind, with a positive outlook on stablecoin growth and regulatory clarity [40][41] Question: Competing with major payment networks - Bakkt does not see itself as a direct competitor but rather as a provider of the regulated infrastructure that supports the ecosystem [45][46] Question: Improving shareholder value with new leadership - The new leadership team is focused on restructuring and aligning the company with its core mission to enhance long-term shareholder value [48][49]

Bitcoin Valuation - Ark Invest 的 CEO Cathie Wood 由于稳定币在交易领域的发展，将 2030 年比特币的目标价格从 150 万美元下调了 30 万美元，调整至 120 万美元 [1] - 尽管目标价格下调了 20% (30 万美元/150 万美元)，但行业仍然强调比特币的“数字黄金”属性 [1] Stablecoin Impact - 稳定币在新兴市场迅速占据了原本预计由比特币承担的交易角色 [1]

Bank of England Proposes £20,000 Cap on Retail Stablecoin Holdings► https://t.co/G4rc3Phgz3 https://t.co/G4rc3Phgz3 ...

Stablecoin Risks & Limitations - Stablecoins, unlike cash, can be frozen, tracked, and seized, representing a shift from traditional self-custody [1] - The central issuer of a stablecoin has the power to lock users out, even if the stablecoin is held in a personal wallet, a vulnerability not present with physical cash [1] - The industry acknowledges the utility of stablecoins but emphasizes the importance of recognizing their inherent limitations regarding control and censorship resistance [1]

it's a great day to have your own private swiss banking vault on the internetzectardioCoin Bureau (@coinbureau):🚨UK TO CAP STABLECOIN HOLDINGS AT £20,000!🇬🇧The Bank of England has proposed new rules to regulate, including a £20K limit per user. https://t.co/eSVDI8xc4u ...