Banks globally could lose deposits if crypto exchanges juice up interest-free digital dollars with generous rewards, says @andymukherjee70 (via @opinion) https://t.co/jdsee5Uhp0 ...

The digital dollars are moving fast with @ethena_labs$ENA trading = ZERO FEE 🪙No limits. Just pure efficiency.👇 Start your 0-fee journey on MEXC now: ...

Digital Assets Overview - Digital assets are categorized as crypto [1] - Stablecoins are referred to as digital dollars [1]

Core Insights - YZi Labs has increased its investment in Ethena Labs, focusing on the future of digital dollars and the synthetic stablecoin USDe [1][2] - Ethena Labs is recognized as a leading player in the yield-bearing synthetic dollar market, with YZi being an early supporter [2][3] - The global stablecoin market has seen significant growth, with the market cap rising from approximately $204 billion to $305 billion since January 2025 [4] Company Overview - YZi Labs, formerly known as Binance Labs, currently manages over $10 billion in assets globally [3][6] - Ethena Labs is the third-largest stablecoin by market cap, valued at $14.03 billion, trailing USDC and ahead of Dai [3][6] - The native cryptocurrency of Ethena, ENA, has a market cap of $4.69 billion and is currently trading at $0.66 [3] Market Trends - The demand for digital dollars is at an all-time high, with 2025 being highlighted as a pivotal year for stablecoins [4] - The entry of new players like Ripple's RLUSD and World Liberty Financial's USD1 is contributing to a favorable regulatory environment for dollar-denominated stablecoins [4]

RT Token Terminal 📊 (@tokenterminal)2⃣8⃣0⃣ The global stablecoin supply is at an all-time high of $280 billion.Digital dollars are growing into the primary medium of exchange & store of value in the crypto economy.Biggest contributors: $USDT, $USDC, $USDe, $USDS, and $USD1. https://t.co/BLWdSvWBGt ...

RT cap (@capmoney_)3... 2... 1... LIFTOFF 🚀Cap has officially LAUNCHEDA new era for digital dollars is upon us and stablecoins will never be the sameHere's how you can take part in the next phase of our journey 👇 https://t.co/FrrlackX3x ...

In a twist on Wall Street’s traditional market plumbing, some of the biggest names in finance used a crypto blockchain to trade US Treasuries for digital dollars — on a Saturday https://t.co/7IDPppeph6 ...

Core Viewpoint - The business combination between TLGY Acquisition Corp. and StablecoinX Assets Inc. aims to create the first pure-play treasury company in the Ethena stablecoin vertical, with plans to list on Nasdaq under the ticker "USDE" [1][13]. Group 1: Business Combination Details - TLGY has entered into a definitive agreement for a business combination with SC Assets, which will be named StablecoinX [1]. - The transaction includes a $360 million private investment in public equity (PIPE), with significant contributions from the Ethena Foundation and other leading investors [2][13]. - The combined company will focus on accumulating ENA, the native token of the Ethena protocol, to build a treasury strategy that supports shareholder value [3][4]. Group 2: Strategic Objectives - StablecoinX aims to secure a strategic stake in the Ethena protocol, which is the third-largest issuer of digital dollars on-chain, enhancing its position in the growing demand for digital currencies [3][4]. - The treasury program is designed to provide institutional investors with transparent access to the Ethena ecosystem, facilitating large-scale ENA accumulation [6][7]. - A multi-year collaboration agreement between StablecoinX and the Ethena Foundation will govern their partnership, ensuring long-term capital efficiency and alignment of interests [5][9]. Group 3: Financial Structure and Governance - The PIPE financing will be used to purchase discounted locked ENA tokens, which will be held in a custody account for investors [13]. - The Ethena Foundation will hold a majority of the voting power in StablecoinX after the transaction, ensuring governance stability [13]. - Capital allocation decisions will require majority approval from a three-member Investment Committee, comprising representatives from both StablecoinX and the Ethena Foundation [12].

Market Overview - Stablecoin market cap reached $2585 billion [1] - Stablecoin transaction volume decreased by 10% [1] Fees and Revenue - Stablecoin fees increased by 89% [1] Regulatory and Adoption - Ant International is adopting USDC [1] - Shanghai regulators are showing a more positive attitude towards stablecoins [1]