Europe’s Coinbase users frustrated as MiCA forces sunset of USDC yield
Some Coinbase users are airing frustration at the region’s MiCA laws, which is forcing the exchange to stop offering yield on USDC in the European Economic Area. Go to Source
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SecondLane shops Pump.fun equity stake at $1.5B FDV
The private market platform says $15 million in Pump.fun equity is for sale. Go to Source
Non-USD stablecoins can spur adoption: Report
Cryptocurrencies, including stablecoins, still only pay for 0.2% of online commerce transactions globally, according to the report. Go to Source
PayPal taps Xoom for cross-border stablecoin payments
The partnership is designed to expand access to PYUSD in Asian and African markets, PayPal said. Go to Source
Kalshi rolls out political betting contracts for Trump presidency
The prediction market has listed contracts for betting on events including a prospective Trump impeachment. Go to Source
Crypto Biz: Crypto industry faces fresh round of layoffs
This week’s Crypto Biz explores Coinbase’s earnings, Reddit’s sale of crypto holdings and Circle’s new fee structure for institutional investors and high-volume traders. Go to Source
Circle raises USDC cash-out fees, affecting large-scale redemptions
The fee structure revision primarily affects institutional investors and high-volume traders. Go to Source
Solayer, OpenEden launch Treasury-backed stablecoin on Solana
Solayer says anyone can mint the yield-bearing sUSD token with at little as $5 in USDC. Go to Source
Circle CEO Hypes Stablecoin Market Growth With Astounding Prediction
Jeremy Allaire, CEO of Circle, has predicted that stablecoins will grow to capture up to 10% of the money supply in the next 10 years. Allaire highlighted that even with the recent expansion of stablecoins, it is still in the early stages of this crypto class. Circle CEO States Stablecoins Will Become a $10 Trillion … Read more
Wintermute to take Ethena’s USDe as trading margin
Trading platforms and regulators are increasingly embracing cryptocurrency as collateral for trades. Go to Source