Stablecoin infrastructure provider Bastion has raised $14.6 million in a funding round backed by some of the biggest names in tech and crypto, including Coinbase Ventures, Sony Innovation Fund, Samsung Next, Andreessen Horowitz (a16z) Crypto, and Hashed, according to Fortune. Bastion builds white-label stablecoin infrastructure, allowing companies to issue their own digital dollars without coding or acquiring regulatory licenses. The company’s CEO Nassim Eddequiouaq, a former Meta and a16z crypto executi ...

💡 Key Takeaways:🔹 Stablecoin infrastructure dominates, with Circle and MetaMask advancing🔹 M&A heats up, Wormhole’s bid for Stargate marks a traditional finance shift🔹 Buyback models gaining traction to reward token holders without regulatory risk🔹 Market volatility shows increased risk appetite, watch out for further pullbacksStay informed, stay ahead: https://t.co/EQFQcXSHUI6/6 ...

Stablecoin Transaction Volume - TRON handles $21 billion weekly USDT transfers, exceeding Ethereum's $8 billion [1] - TRON processed 296 million USDT transactions this month [1] Stablecoin Infrastructure Expansion - New stablecoin infrastructure is expanding to Celo, Echelon, and Thala [1] Market Narrative vs Reality - The report suggests a discrepancy between the perceived Ethereum narrative and actual usage metrics [1]