Happy Friday! 🧠✨
Binance Bytes is the weekly capsule from the Research team with the hottest 🔥 in the ecosystem.
Here are the highlights 🧵👇
1) Jack Mallers is going all in 🧢 He joins Tether, SoftBank, and Cantor Fitzgerald to launch Twenty One, valued at $3.6B.
👉 They have already started with 42,000 BTC in reserves.
👉 The idea? To be the new MicroStrategy, but with more style.
2) PayPal goes crypto 💳
Launches a loyalty program with a 3.7% yield on stablecoin balances.
👀 Payments will be made in PYUSD, their own stablecoin.
👉 More incentives = more adoption.
3) Circle thinks big 🌍 They announce Circle Payments Network (CPN), a network to revolutionize global payments.
💸 Speed, transparency, and efficiency to move money across borders.