#BigTechStablecoin Big tech companies are exploring stableco | Sheemm on Binance Square

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#BigTechStablecoin Big tech companies are exploring stablecoins to revolutionize global payments. Apple, Google, Airbnb, and X (formerly Twitter) are reportedly in early talks with crypto firms to integrate stablecoins into their payment systems, aiming to reduce transaction costs and enable faster cross-border payments.

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$XRP With only around 31,200 daily active addresses user transactions have declined significantly, possibly signaling reduced interest or a lack of confidence in XRP's near-term outlook Holding off could be exactly the right idea, but the coin could also skyrocket again on short notice. If you agree with my generally positive view of XRP's long-term prospects, you may want to start a small position today and add to it over time. Buying in thirds is one disciplined optionThe XRP derivatives market data indicates bullish potential, with Open Interest (OI) rising by 1.31% to $4.00 billion. Rising trading volume, along with higher short position liquidations of $1.81 million compared to $1.35 million over the last 24 hours, could create an environment suitable for a sustainable recovery. . $SOL

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#MUSKDOGEDEPARTURE WASHINGTON, The Department of Government Efficiency, the brainchild of Elon Musk that upended Washington with its rapid-fire drive to slash thousands of federal jobs and cut costs, is effectively leaderless now that the billionaire and his deputy have stepped down, U.S. lawmakers heard on Wednesday. U.S. President Donald Trump's budget chief, Russ Vought, told a congressional committee that efforts are under way to establish new leadership at DOGE, but its staff currently answer to Trump's cabinet secretaries. The Cabinet agencies that are in charge of DOGE, the consultants that work for them are fundamentally in control of DOGE," Vought said. "We're in the midst of establishing the leadership on an ongoing basis." Vought's comments will only add to the uncertainty around the future of DOGE and its cost-cutting effort following Musk's announcement last week that he was ceasing work as a special government employee. A key lieutenant, Steve Davis, who was in charge of day-to-day running of DOGE, has also left. The White House has said that DOGE's mission will continue in the absence of Musk, who has since publicly broken with Trump over his sweeping tax cut and spending bill, calling it a "disgusting abomination." The rapidly receding power and influence of DOGE was almost unthinkable as recently as a few weeks ago when it dominated the political landscape in Washington with its aggressive push to fire a swath of government workers.Trump established DOGE to streamline what he says is a bloated and inefficient government. DOGE struggled to cut costs but was more successful in pushing thousands of workers to quit or take early retirement after threatening dismissal without benefits. It is unclear if DOGE and its cadre of young computer technicians will survive in Washington without Musk, especially as some members of Trump's cabinet have soured on DOGE's tactics.

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#TrumpTariffs NEW YORK, (Reuters) - A U.S. trade court blocked most of President Donald Trump's tariffs in a sweeping ruling on Wednesday that found the president overstepped his authority by imposing across-the-board duties on imports from U.S. trading partners. The Court of International Trade said the U.S. Constitution gives Congress exclusive authority to regulate commerce with other countries that is not overridden by the president's emergency powers to safeguard the U.S. economy. "The court does not pass upon the wisdom or likely effectiveness of the President's use of tariffs as leverage," a three-judge panel said in the decision to issue a permanent injunction on the blanket tariff orders issued by Trump since January. "That use is impermissible not because it is unwise or ineffective, but because [federal law] does not allow it." Financial markets cheered the ruling. The U.S. dollar rallied following the court's order, surging against currencies such as the euro, yen and the Swiss franc in particular. Wall Street futures rose and equities across Asia also jumped. The judges also ordered the Trump administration to issue new orders reflecting the permanent injunction within 10 days. The Trump administration minutes later filed a notice of appeal and questioned the authority of the court. The court invalidated with immediate effect all of Trump's orders on tariffs since January that were rooted in the International Emergency Economic Powers Act (IEEPA), a law meant to address "unusual and extraordinary" threats during a national emergency. The court was not asked to address some industry-specific tariffs Trump has issued on automobiles, steel and aluminum, using a different statute. The decisions of the Manhattan-based Court of International Trade, which hears disputes involving international trade and customs laws, can be appealed to the U.S. Court of Appeals for the Federal Circuit in Washington, D.C., and ultimately the U.S. Supreme Court. $BTC $ETH $XRP

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#CryptoFees101 Ever wondered why your $100 crypto trade only nets $98? 🤔 You're paying crypto transaction fees—and here's what they actually are: 💸 Network Fees (Gas Fees) – Paid to miners/validators to process transactions. Varies by blockchain (e.g., $ETH gas vs. $SOL fees). 🏦 Exchange Fees – Platforms like Binance, Coinbase, or Kraken charge for trading, withdrawing, or converting.

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$USDC USDC is a cryptocurrency stablecoin which is issued by Circle. It is pegged to the United States dollar, and is distinct from a central bank digital currency. . Until mid-2021, Circle stated that each USDC was backed by either one U.S. dollar in reserve or by other "approved investments", though the specifics of these investments were not disclosed. In June 2021, Circle updated its website wording from "backed by US dollars" to "backed by fully reserved assets".[5] As of 2020, USDC reserves were regularly attested (but not audited) by Grant Thornton, LLP,[6] and as of 2021, the monthly attestations could be found on the Centre Consortium's website.[7] In December 2024, Forbes reported that USDC had $41 billion in assets under management.[

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