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Bitcoin Alliance Aims to Acquire DV8, Expands Bitcoin Reserves in Southeast Asia
On July 3, 2025, the alliance led by investors backing #metaplanet , including UTXO Management, Sora Ventures, Kliff Capital, and AsiaStrategy (Nasdaq: SORA), announced its intention to acquire at least 75% of the shares of DV8, a company listed on the Stock Exchange of Thailand (SET), through a voluntary tender offer (#Decrypt ). DV8 operates in the retail distribution and consumer electronics sector. This deal, involving Moon Inc. (HKEX: 1723) and CEO Metaplanet Simon Gerovich, aims to expand the Bitcoin treasury strategy in Southeast Asia, inspired by Metaplanet – a Japanese company that views Bitcoin as a primary reserve asset.
Jason Fang, founder of Sora Ventures, expressed optimism about Thailand's potential, calling it the “next Metaplanet on SET,” but did not disclose details about governance or ownership structure. Some experts warn of risks when low-cap companies use Bitcoin as a “lifeline.” Saul Rejwan from Masterkey emphasized: “Bitcoin in treasury can be a smart strategy or a sign of financial instability.” Vincent Liu (Kronos Research) believes that only companies with clear plans will succeed, while Jay Jo (Tiger Research) is concerned that increasing debt to buy Bitcoin could pose systemic risks. This deal reinforces the trend of integrating Bitcoin into traditional finance, boosting DeFi and blockchain in the region.
Risk Warning: Information is for reference only, not investment advice.
On July 3, 2025, the alliance led by investors backing #metaplanet , including UTXO Management, Sora Ventures, Kliff Capital, and AsiaStrategy (Nasdaq: SORA), announced its intention to acquire at least 75% of the shares of DV8, a company listed on the Stock Exchange of Thailand (SET), through a voluntary tender offer (#Decrypt ). DV8 operates in the retail distribution and consumer electronics sector. This deal, involving Moon Inc. (HKEX: 1723) and CEO Metaplanet Simon Gerovich, aims to expand the Bitcoin treasury strategy in Southeast Asia, inspired by Metaplanet – a Japanese company that views Bitcoin as a primary reserve asset.
Jason Fang, founder of Sora Ventures, expressed optimism about Thailand's potential, calling it the “next Metaplanet on SET,” but did not disclose details about governance or ownership structure. Some experts warn of risks when low-cap companies use Bitcoin as a “lifeline.” Saul Rejwan from Masterkey emphasized: “Bitcoin in treasury can be a smart strategy or a sign of financial instability.” Vincent Liu (Kronos Research) believes that only companies with clear plans will succeed, while Jay Jo (Tiger Research) is concerned that increasing debt to buy Bitcoin could pose systemic risks. This deal reinforces the trend of integrating Bitcoin into traditional finance, boosting DeFi and blockchain in the region.
Risk Warning: Information is for reference only, not investment advice.
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The COIN Act Aims to Prevent Trump from Supporting Crypto
On June 25, 2025, the bill #COIN was introduced, prohibiting President Trump, his family, and senior officials from issuing or supporting crypto during their term and 2 years after leaving office (#Decrypt ). The bill targets the conflict of interest from Trump's crypto activities, such as World Liberty Financial (WLFI), as he publicly supports the industry. With Bitcoin at $106,000 (CoinGecko), this move is controversial as U.S. lawmakers are still allowed to trade stocks, benefiting from insider information. The ban on crypto without a ban on stocks raises questions about whether this is an anti-crypto maneuver, affecting DeFi and blockchain.
Risk Warning: The information is for reference only and is not investment advice.
On June 25, 2025, the bill #COIN was introduced, prohibiting President Trump, his family, and senior officials from issuing or supporting crypto during their term and 2 years after leaving office (#Decrypt ). The bill targets the conflict of interest from Trump's crypto activities, such as World Liberty Financial (WLFI), as he publicly supports the industry. With Bitcoin at $106,000 (CoinGecko), this move is controversial as U.S. lawmakers are still allowed to trade stocks, benefiting from insider information. The ban on crypto without a ban on stocks raises questions about whether this is an anti-crypto maneuver, affecting DeFi and blockchain.
Risk Warning: The information is for reference only and is not investment advice.
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On June 24, 2025, the U.S. Senate Banking Committee announced principles for crypto market structure legislation, emphasizing regulatory clarity, promoting innovation, and protecting consumers (#Decrypt ). Led by Republican Senators like Tim Scott and Cynthia Lummis, the principles define the legal status of digital assets, delineate regulatory agency authority, and modernize oversight.
This move comes ahead of a hearing with Coinbase and Multicoin Capital, amidst the Digital Asset Market Clarity Act, which shifts crypto oversight from the SEC to the CFTC, nearing a vote in the full House of Representatives. However, Senator Adam Schiff (D-CA) proposed the COIN Act, banning the President and family from profiting from crypto while in office, stirring controversy after the GENIUS Act was passed. With Bitcoin at $106,000 (CoinGecko), these regulations promote DeFi and blockchain, but the risk of conflicts of interest remains.
Risk warning: Information is for reference only, not investment advice. #anhbacong
This move comes ahead of a hearing with Coinbase and Multicoin Capital, amidst the Digital Asset Market Clarity Act, which shifts crypto oversight from the SEC to the CFTC, nearing a vote in the full House of Representatives. However, Senator Adam Schiff (D-CA) proposed the COIN Act, banning the President and family from profiting from crypto while in office, stirring controversy after the GENIUS Act was passed. With Bitcoin at $106,000 (CoinGecko), these regulations promote DeFi and blockchain, but the risk of conflicts of interest remains.
Risk warning: Information is for reference only, not investment advice. #anhbacong
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Ohio, with nearly 2 million digital asset owners, is moving towards state Bitcoin reserves, according to legislator Steve Demetriou (#Decrypt , 24/06/2025). After the House passed Bill 116 (HB 116), which provides a small tax exemption for crypto owners, Demetriou is pushing for Bill 18 (HB 18), allowing 10% of public funds to be invested in high-cap crypto such as Bitcoin (~$2 trillion USD, CoinGecko).
HB 116, which does not specifically mention Bitcoin, aims to establish blockchain regulations and protect crypto users from complex compliance requirements. HB 18, currently in committee, prioritizes digital assets with a market cap over $750 billion. Demetriou emphasizes education and bipartisan support to get HB 116 through the Senate and signed into law, positioning #Ohio as a leader in digital finance.
Risk Warning: The information is for reference only and is not investment advice.
HB 116, which does not specifically mention Bitcoin, aims to establish blockchain regulations and protect crypto users from complex compliance requirements. HB 18, currently in committee, prioritizes digital assets with a market cap over $750 billion. Demetriou emphasizes education and bipartisan support to get HB 116 through the Senate and signed into law, positioning #Ohio as a leader in digital finance.
Risk Warning: The information is for reference only and is not investment advice.
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Altcoin Sei soars 47% after being considered for Stablecoin by Wyoming
Altcoin Sei (SEI) has become the best-performing cryptocurrency among the top 100 assets today, rising 46.5% to $0.2855 in the past 24 hours, according to data from CoinGecko. This impressive increase follows a rally from the beginning of the week, helping SEI gain over 72% in the past seven days.
Reason for price increase: Selected by Wyoming as a Stablecoin candidate
The price increase of this altcoin comes after the Wyoming Stable Token Committee selected $SEI as the candidate blockchain for the state's upcoming dollar-pegged stablecoin, WYST, earlier this week. Sei will have to compete with rival blockchains such as Aptos, Arbitrum, $AAVE , Base, Ethereum, $POL , Optimism, Stellar, Solana, and Sui.
Reason for price increase: Selected by Wyoming as a Stablecoin candidate
The price increase of this altcoin comes after the Wyoming Stable Token Committee selected $SEI as the candidate blockchain for the state's upcoming dollar-pegged stablecoin, WYST, earlier this week. Sei will have to compete with rival blockchains such as Aptos, Arbitrum, $AAVE , Base, Ethereum, $POL , Optimism, Stellar, Solana, and Sui.
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Gold Reaches New Heights, Bitcoin Plummets: Is 'Digital Gold' Lost?
On March 19, 2025, gold officially set a new record above $3,047/ounce, while Bitcoin dropped nearly 3% in 24 hours to $81,967 – 25% away from its peak of $108,786. Although hailed as 'digital gold', Bitcoin is heading in the opposite direction of gold, plummeting alongside US tech stocks amid geopolitical tension and trade policies from President Trump causing confusion. What is happening with these two assets?
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The KYC Issue? The Coinbase Hack and the Doxing of Solana's Co-Founder Sparks Debate
In the context of increasing cryptocurrency-related kidnappings and the doxxing of the Solana co-founder, many in the industry are questioning whether KYC (Know Your Customer) is truly worth the risks it brings.
For cryptocurrency users who value privacy, #kyc may be a frightening term. This is a process that requires providing personal information such as name and address to service providers, primarily cryptocurrency exchanges. In many jurisdictions, including the U.S., KYC is legally mandatory. While it plays an important role in preventing illegal activities, KYC poses risks to both the data-collecting companies and the users providing information.
For cryptocurrency users who value privacy, #kyc may be a frightening term. This is a process that requires providing personal information such as name and address to service providers, primarily cryptocurrency exchanges. In many jurisdictions, including the U.S., KYC is legally mandatory. While it plays an important role in preventing illegal activities, KYC poses risks to both the data-collecting companies and the users providing information.
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Fartcoin 'Farts' Past Dogecoin: The Humorous Memecoin Rises on April Fools' Day?
On April 1, 2025, Fartcoin – the 'fart' themed memecoin on Solana – surged 22% in 24 hours, reaching $0.53 and surpassing Dogecoin (DOGE) and Official Trump token (TRUMP) on April Fools' Day. With a market cap of $500 million and liquidity in the tens of millions, Fartcoin is creating a stir. Could this be a sign of memecoin's comeback?
Fartcoin Explodes on April Fools' Day
#Fartcoin , with the slogan 'hot air soaring high', has increased nearly 22% in 24 hours, reaching a price of $0.53 and a market cap of $500 million, according to CoinGecko. Meanwhile, Dogecoin (DOGE ~0.17 USD) and Official Trump (TRUMP) only increased by 4% and 2%, respectively. Although still down 78% from its peak of $2.48 in February 2025, Fartcoin has impressively recovered 108% in the past month, from a low of $200 million in early March.
Fartcoin Explodes on April Fools' Day
#Fartcoin , with the slogan 'hot air soaring high', has increased nearly 22% in 24 hours, reaching a price of $0.53 and a market cap of $500 million, according to CoinGecko. Meanwhile, Dogecoin (DOGE ~0.17 USD) and Official Trump (TRUMP) only increased by 4% and 2%, respectively. Although still down 78% from its peak of $2.48 in February 2025, Fartcoin has impressively recovered 108% in the past month, from a low of $200 million in early March.
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🔍 FBI conducts a secret cryptocurrency money laundering operation themed "Elon Musk" for nearly a year 🕵️♂️💸
👤 Main character: Anurag Pramod Murarka, 30 years old, Indian citizen – sentenced to 10 years in prison for operating a digital asset conversion network worth over 20 million dollars 💰🌍
🧑💻 Murarka used aliases like “elonmuskwhm” to trade with groups in the black market, using the hawala system to transfer money and hide cash in children’s books 📚💵📦
After being lured to the U.S. and arrested, the FBI took over the entire system, operating from a post office "the size of a warehouse" in Kentucky 🏢📦 to track the flow of money and gather information.
⏳ In nearly a year of secret operations, the FBI impersonated Murarka and prevented an additional 1.4 million dollars from being converted 💼🚫
📊 Previously, the FBI reported assisting over 4,300 victims and preventing more than 285 million dollars in losses through cryptocurrency-related fraud cases 🛡️🔗
🧠 This is an extremely special case as it shows that the FBI not only tracks but also takes over and operates complex systems to investigate and dismantle suspicious networks 👊🎯
📚 You can read more at #Decrypt
#CryptoNews
👤 Main character: Anurag Pramod Murarka, 30 years old, Indian citizen – sentenced to 10 years in prison for operating a digital asset conversion network worth over 20 million dollars 💰🌍
🧑💻 Murarka used aliases like “elonmuskwhm” to trade with groups in the black market, using the hawala system to transfer money and hide cash in children’s books 📚💵📦
After being lured to the U.S. and arrested, the FBI took over the entire system, operating from a post office "the size of a warehouse" in Kentucky 🏢📦 to track the flow of money and gather information.
⏳ In nearly a year of secret operations, the FBI impersonated Murarka and prevented an additional 1.4 million dollars from being converted 💼🚫
📊 Previously, the FBI reported assisting over 4,300 victims and preventing more than 285 million dollars in losses through cryptocurrency-related fraud cases 🛡️🔗
🧠 This is an extremely special case as it shows that the FBI not only tracks but also takes over and operates complex systems to investigate and dismantle suspicious networks 👊🎯
📚 You can read more at #Decrypt
#CryptoNews
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Decrypt Merges with MYRIAD: A New Future for Digital Journalism?
In a breakthrough move, Decrypt has officially integrated the MYRIAD Markets platform, allowing readers to participate in live predictions on articles. This is seen as the first step in reshaping the media business model, providing a fresh and more interactive approach for readers.
Journalism Merging with Prediction Markets – What’s Happening?
📌 What is Decrypt?
Journalism Merging with Prediction Markets – What’s Happening?
📌 What is Decrypt?
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Ethereum 'Turns Off the Fire' with Lowest Burn Rate Since 2021: Worst Quarter Since 2022 Can Revive?
On 04/02/2025, Ethereum (ETH) ended a challenging Q1 with the burn rate dropping to its lowest level since August 2021, while ETH price plummeted 45%, losing $170 billion in market cap. With the shift to Layer-2 and the potential for asset tokenization, can Ethereum regain its momentum, or will it continue to sink in crisis?
ETH Burn Rate Decreases: Worst Quarter Since 2022
Ethereum, the leading altcoin, has faced a challenging Q1/2025. According to Wintermute, the ETH burn rate – a measure of the amount $ETH removed from circulation – has dropped to its lowest level since August 2021, with only 53 ETH burned per day last week. This has raised concerns in the investment community, negatively impacting ETH's market performance.
ETH Burn Rate Decreases: Worst Quarter Since 2022
Ethereum, the leading altcoin, has faced a challenging Q1/2025. According to Wintermute, the ETH burn rate – a measure of the amount $ETH removed from circulation – has dropped to its lowest level since August 2021, with only 53 ETH burned per day last week. This has raised concerns in the investment community, negatively impacting ETH's market performance.
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The Collapse of the GENIUS Act on Stablecoins: What Will Happen to Crypto in the U.S.?
The GENIUS Act – a critical stablecoin bill in the U.S. – is at risk of being scrapped after the Senate failed to pass a crucial vote. Is this the end for the crypto industry in Washington? Let's analyze in detail.
GENIUS Act: A Missed Golden Opportunity?
The U.S. crypto industry, with more political capital than ever, hopes the GENIUS Act will provide 'regulatory clarity' for stablecoins – digital assets equivalent to USD that facilitate international transactions and remittances without going through the banking system. The bill is expected to pave the way for major banks and Wall Street giants to enter the stablecoin market, bringing billions, even trillions of USD to the crypto industry. However, last week, the Senate failed to pass a crucial procedural vote, leaving the GENIUS Act in a 'vague legislative territory.'
GENIUS Act: A Missed Golden Opportunity?
The U.S. crypto industry, with more political capital than ever, hopes the GENIUS Act will provide 'regulatory clarity' for stablecoins – digital assets equivalent to USD that facilitate international transactions and remittances without going through the banking system. The bill is expected to pave the way for major banks and Wall Street giants to enter the stablecoin market, bringing billions, even trillions of USD to the crypto industry. However, last week, the Senate failed to pass a crucial procedural vote, leaving the GENIUS Act in a 'vague legislative territory.'
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Chinese company Webus bets on XRP: Positive signal for the Crypto market
More and more public companies are integrating digital assets into their financial strategies, and recently, Webus International, the Chinese travel ticketing company listed on Nasdaq, announced plans to establish a treasury worth $300 million. This is a positive sign for the maturity and potential of the cryptocurrency market.
Webus has filed with the SEC, detailing plans to add #Ripple XRP tokens to their balance sheet. This move shows confidence in XRP and is part of a trend where businesses learn from the successes of other large companies in accumulating digital assets. In addition to building an XRP treasury, Webus also plans to integrate blockchain into its system to optimize cross-border payments and increase transparency in travel services.
The fact that companies like #Webus are investing heavily in digital assets indicates that they view crypto not just as a speculative asset but also as part of a long-term strategy. Many other companies are also mimicking this strategy with other tokens, such as VivoPower investing in XRP or Sharplink in Ethereum. This wave of interest comes amid a strong revival in the digital asset market. The increase in public companies participating in the crypto space is clear evidence of the sustainable growth potential of the cryptocurrency market.
The information in this article is for reference only and is not investment advice. source: #Decrypt
More and more public companies are integrating digital assets into their financial strategies, and recently, Webus International, the Chinese travel ticketing company listed on Nasdaq, announced plans to establish a treasury worth $300 million. This is a positive sign for the maturity and potential of the cryptocurrency market.
Webus has filed with the SEC, detailing plans to add #Ripple XRP tokens to their balance sheet. This move shows confidence in XRP and is part of a trend where businesses learn from the successes of other large companies in accumulating digital assets. In addition to building an XRP treasury, Webus also plans to integrate blockchain into its system to optimize cross-border payments and increase transparency in travel services.
The fact that companies like #Webus are investing heavily in digital assets indicates that they view crypto not just as a speculative asset but also as part of a long-term strategy. Many other companies are also mimicking this strategy with other tokens, such as VivoPower investing in XRP or Sharplink in Ethereum. This wave of interest comes amid a strong revival in the digital asset market. The increase in public companies participating in the crypto space is clear evidence of the sustainable growth potential of the cryptocurrency market.
The information in this article is for reference only and is not investment advice. source: #Decrypt
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Three Prominent Meme Coins Signaling Strong Bullish Trends: In-Depth Analysis
The meme coin market is witnessing a vibrant week, with at least three names truly standing out in the crowd, attracting the attention of traders.
Although trading meme coins always carries high risks and is notorious for severe volatility, this week they are 'reviving' strongly. Fartcoin leads with a 17.93% increase to $1.29, followed by Dogwifhat up 15.04% and Pepe up 9.60%. The synchronization in this upward momentum occurs as Bitcoin trades around $106,000 and risk appetite returns to the cryptocurrency market after several weeks of consolidation.
Although trading meme coins always carries high risks and is notorious for severe volatility, this week they are 'reviving' strongly. Fartcoin leads with a 17.93% increase to $1.29, followed by Dogwifhat up 15.04% and Pepe up 9.60%. The synchronization in this upward momentum occurs as Bitcoin trades around $106,000 and risk appetite returns to the cryptocurrency market after several weeks of consolidation.
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Vietnam passes historic law: Officially recognizes digital assets, significant incentives for AI and chips
On June 15, 2025, the National Assembly of Vietnam passed the Law on Digital Technology Industry, marking an important milestone as digital assets are identified and legally recognized for the first time in Vietnam.
The law classifies digital assets into three main groups:
Virtual assets: used for exchange or investment.
Crypto assets: validated through encryption technology.
Other digital assets: such as digital data or non-blockchain digital products.
🎯 The law will take effect from January 1, 2026, and does not apply to securities, fiat digital currency, or traditional financial instruments.
📈 Alongside the legal framework for digital assets, the law also opens up unprecedented tax and investment incentives for businesses in the fields of AI, semiconductors, and digital infrastructure, aimed at preventing brain drain and attracting capital back home.
🔧 Companies investing in chips and AI may benefit from:
Corporate income tax of only 10% for 15 years
Exemption from import tax and land rent
Large projects also have an additional 5-year exemption from personal income tax for foreign experts
This law is expected to help Vietnam retain crypto talent, become an important link in the global technology supply chain, and aim for 150,000 digital technology enterprises by 2035.
Risk warning: The digital asset market always carries the potential for significant volatility. Investors need to thoroughly research and comply with current legal regulations. #Vietnam
Source: #Decrypt
On June 15, 2025, the National Assembly of Vietnam passed the Law on Digital Technology Industry, marking an important milestone as digital assets are identified and legally recognized for the first time in Vietnam.
The law classifies digital assets into three main groups:
Virtual assets: used for exchange or investment.
Crypto assets: validated through encryption technology.
Other digital assets: such as digital data or non-blockchain digital products.
🎯 The law will take effect from January 1, 2026, and does not apply to securities, fiat digital currency, or traditional financial instruments.
📈 Alongside the legal framework for digital assets, the law also opens up unprecedented tax and investment incentives for businesses in the fields of AI, semiconductors, and digital infrastructure, aimed at preventing brain drain and attracting capital back home.
🔧 Companies investing in chips and AI may benefit from:
Corporate income tax of only 10% for 15 years
Exemption from import tax and land rent
Large projects also have an additional 5-year exemption from personal income tax for foreign experts
This law is expected to help Vietnam retain crypto talent, become an important link in the global technology supply chain, and aim for 150,000 digital technology enterprises by 2035.
Risk warning: The digital asset market always carries the potential for significant volatility. Investors need to thoroughly research and comply with current legal regulations. #Vietnam
Source: #Decrypt
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How Will the U.S. Store Bitcoin? Secrets from the Meeting Between the Treasury and Crypto Companies
The U.S. Treasury has held meetings with three cryptocurrency custody companies to discuss how to protect the nation's strategic Bitcoin reserves. This is an important step, showing that the U.S. government is becoming more serious about digital assets. But who will hold this massive amount of Bitcoin?
Who Is Advising the U.S. Government?
According to sources from #Decrypt , the U.S. Treasury met with Anchorage Digital – one of the leading crypto custody companies – this Monday. Anchorage CEO Nathan McCauley confirmed that government officials asked many questions about how to store Bitcoin safely, as well as the impact of custody on stablecoins and the cryptocurrency market structure.
Who Is Advising the U.S. Government?
According to sources from #Decrypt , the U.S. Treasury met with Anchorage Digital – one of the leading crypto custody companies – this Monday. Anchorage CEO Nathan McCauley confirmed that government officials asked many questions about how to store Bitcoin safely, as well as the impact of custody on stablecoins and the cryptocurrency market structure.
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Plasma Causes a Sensation with $500 Million in ICO: Is the "Frenzy" of 2017 Making a Comeback?
The cryptocurrency market is witnessing a noteworthy phenomenon as Plasma, a stablecoin network backed by Bitcoin, has attracted $500 million in deposits in just minutes for its upcoming token sale. Even more astonishing, a trader spent as much as $100,000 in Ethereum gas fees to ensure their $10 million deposit in USDC was successfully executed.
The traders' enthusiasm for this public sale has led many to believe that the "frenzy" #ICO (Initial Coin Offering) from 2017 is making a comeback. ICOs were the hot trend of 2017 but gradually faded due to a slew of project failures and increasing regulatory scrutiny.
The traders' enthusiasm for this public sale has led many to believe that the "frenzy" #ICO (Initial Coin Offering) from 2017 is making a comeback. ICOs were the hot trend of 2017 but gradually faded due to a slew of project failures and increasing regulatory scrutiny.
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Trump's “Liberation Day”: Will Bitcoin and Crypto Soar or Plunge?
On April 1, 2025, the cryptocurrency market surged ahead of U.S. President Donald Trump's tariff announcement on “Liberation Day” (April 2nd). Bitcoin reached $84,900, but analysts still worry about the impact of the trade war. Will crypto continue its upward trend or face new challenges?
Crypto Rises Ahead of Tariff Announcement
Bitcoin has risen more than 2.5% in 24 hours, reaching $84,900 and nearing the $85,000 mark – the highest since last week, according to CoinGecko. Major altcoins also increased: Ethereum (ETH ~$1,917, +4%), Dogecoin ($DOGE ~$0.17, +3%), Cardano ($ADA , +2.5%), and Solana ($SOL ~ $150). This surge occurred as investors are optimistic that Trump’s tariffs will be lighter than expected, reducing the risk of a global trade war.
Crypto Rises Ahead of Tariff Announcement
Bitcoin has risen more than 2.5% in 24 hours, reaching $84,900 and nearing the $85,000 mark – the highest since last week, according to CoinGecko. Major altcoins also increased: Ethereum (ETH ~$1,917, +4%), Dogecoin ($DOGE ~$0.17, +3%), Cardano ($ADA , +2.5%), and Solana ($SOL ~ $150). This surge occurred as investors are optimistic that Trump’s tariffs will be lighter than expected, reducing the risk of a global trade war.
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Revolut Unveils Stablecoin: Accelerating Crypto Integration
Revolut, the world's leading neobank serving 55 million individual customers and 500,000 businesses in 160 countries, is actively considering issuing its own stablecoin, according to sources from #Decrypt . This move reflects the trend of major companies like Amazon, Walmart, and Bank of America entering the stablecoin market, which has reached a market capitalization of $251 billion (DefiLlama).
#Revolut , valued at $48 billion, launched the Revolut X crypto exchange in the EU in 2024 and is currently negotiating with at least one local crypto company to deploy a stablecoin. Stablecoins, pegged to the USD, help reduce transaction fees, accelerate cross-border payments, and provide yields from reserve assets. Companies like Tether (USDT) and Circle ($USDC ) have seen great success with this model.
The rise of stablecoins is driven by the GENIUS Act, which establishes a legal framework for stablecoins in the US, expected to be signed into law by President Trump in August 2025. However, Senator Elizabeth Warren warns of privacy risks and competition from Big Tech's stablecoins. Revolut is committed to expanding its crypto services with a compliance-focused approach, strengthening its position in the digital financial ecosystem.
This move could enhance liquidity for stablecoins, boosting DeFi applications and payments on blockchains like $SOL (TVL $9.8 billion) and $ETH (TVL $46 billion). With the participation of financial giants, the global crypto market promises to explode, and investors need to be mindful of legal risks and price volatility.
The information in this article is for reference only and is not investment advice.
Revolut, the world's leading neobank serving 55 million individual customers and 500,000 businesses in 160 countries, is actively considering issuing its own stablecoin, according to sources from #Decrypt . This move reflects the trend of major companies like Amazon, Walmart, and Bank of America entering the stablecoin market, which has reached a market capitalization of $251 billion (DefiLlama).
#Revolut , valued at $48 billion, launched the Revolut X crypto exchange in the EU in 2024 and is currently negotiating with at least one local crypto company to deploy a stablecoin. Stablecoins, pegged to the USD, help reduce transaction fees, accelerate cross-border payments, and provide yields from reserve assets. Companies like Tether (USDT) and Circle ($USDC ) have seen great success with this model.
The rise of stablecoins is driven by the GENIUS Act, which establishes a legal framework for stablecoins in the US, expected to be signed into law by President Trump in August 2025. However, Senator Elizabeth Warren warns of privacy risks and competition from Big Tech's stablecoins. Revolut is committed to expanding its crypto services with a compliance-focused approach, strengthening its position in the digital financial ecosystem.
This move could enhance liquidity for stablecoins, boosting DeFi applications and payments on blockchains like $SOL (TVL $9.8 billion) and $ETH (TVL $46 billion). With the participation of financial giants, the global crypto market promises to explode, and investors need to be mindful of legal risks and price volatility.
The information in this article is for reference only and is not investment advice.
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