1. Chinese Giants Push for Offshore Yuan Stablecoins
Tech titans JD.com and Ant Group are leading a campaign urging China’s central bank to authorize yuan-pegged stablecoins via Hong Kong. This strategy aims to reduce U.S. dollar dependence and promote yuan adoption internationally—potentially marking a major shift in global stablecoin dynamics.
2. Crypto Matures: Wealth-Building, Not Quick Wins
Coinstash co-founder Ting Wang notes crypto is evolving from “get-rich-quick” schemes into long-term investment platforms, attracting traditional investors seeking sustainable annual returns like 30% from Bitcoin. The trend reflects maturation and institutional trust-building.
3. Ripple Files for U.S. National Bank Charter
Ripple has applied for a U.S. federal banking license through the OCC for its RLUSD stablecoin, seeking a Fed master account. The move would enhance compliance, boost transparency, and align with the incoming GENIUS Act—putting Ripple at the forefront of regulated stablecoin issuance.
4. Wall Street Debuts Solana‑Staking ETF: REX‑Osprey SSK
The U.S. launched the REX-Osprey Solana + Staking ETF (SSK)—the first of its kind to offer both SOL exposure and staking yield (~7.3% annually) via traditional brokerages. This reflects expanding ETF innovations beyond just Bitcoin and Ethereum.
