🗞️ Top crypto news!
🔸 **Grayscale Digital Large Cap Fund**: The fund covering $BTC, $ETH, $XRP, $SOL, and $ADA starts trading tomorrow, offering diversified exposure to major cryptocurrencies.
🔹 **PYUSD Expansion**: PayPal’s $PYUSD is now available on Abstract, Aptos, Avalanche, Ink, Sei, Stable, and Tron, powered by LayerZero’s Stargate Hydra for cross-chain interoperability.
🔸 **CFTC Leadership**: The White House is eyeing new candidates for CFTC chair as Brian Quintenz’s nomination stalls. Bloomberg reports a focus on crypto-savvy regulators.
🔹 **Stablecoin Competition**: JPMorgan warns that Circle ($USDC) faces intense competition as Tether, Hyperliquid, and fintechs plan new U.S.-compliant stablecoin launches.
🔸 **Nubank’s Digital Dollar**: Nubank is testing a dollar-pegged stablecoin integration with its credit cards, per VP Campos Neto, signaling crypto adoption in Brazil.
🔹 **Dogecoin & XRP ETFs**: The first U.S. spot ETFs for $DOGE and $XRP are live, attracting investors seeking regulated altcoin exposure.
🔸 **Plasma Launch**: Plasma’s mainnet beta and native $XPL token launch on Sept 25, with $2B in stablecoins active on the network from day one.
🔹 **SBF Account Activity**: Sam Bankman-Fried’s X account shows unusual activity with a surge in followers. $FTT jumped 22.5% in an hour, surpassing $1.
🔸 **Solmate Rebrand**: Brera Holdings rebrands to Solmate, launching a $300M $SOL treasury project in the UAE, focused on DeFi.
🔹 **$BNB Milestone**: CZ thanks the community as $BNB hits $1,000, a 10,000x rise from its $0.10 ICO price eight years ago.