175-year old fintech giant reveals plans to launch stablecoin on Solana
Western Union (NYSE: WYU), one of the world’s oldest payments companies, has announced plans to launch its own U.S. dollar–backed stablecoin, marking a bold new chapter in its 175-year history. The stablecoin, dubbed the U.S. Dollar Payment Token (USDPT), will be built on the Solana blockchain and issued by Anchorage Digital Bank, the first federally chartered crypto bank in the United States. The company described USDPT as part of a broader “Digital Asset Network,” designed to bridge fiat and digital currencies, enabling users to send, receive, spend, and hold tokens while maintaining access to cash-based services via Western Union’s massive global footprint. “As we evolve into the digital assets space, Western Union’s USDPT will allow us to own the economics linked to stablecoins,” said Devin McGranahan, Western Union’s President and CEO. Related: DePIN Explained: What is a Decentralized Physical Infrastructure Network? “Our Digital Asset Network and USDPT will be an enabler in achieving our mission to make financial services accessible to people everywhere," McGranahan added. USDPT will debut in the first half of 2026, with access provided through partner exchanges, according to the press release. Western Union, which moves hundreds of billions of dollars annually across more than 200 countries, aims to use the token to streamline cross-border remittances — a sector long criticized for high fees and sluggish transaction times. Western Union is approximately 174 years old — it was founded in 1851 in Rochester, New York. Originally established as the New York and Mississippi Valley Printing Telegraph Company, it became Western Union in 1856 and went on to build the first transcontinental telegraph line in 1861.$SOL #WesternUnion
🚨175-year old fintech giant reveals plans to launch stablecoin on #Solana 👉Western Union (NYSE: WYU), one of the world’s oldest payments companies, has announced plans to launch its own U.S. dollar–backed stablecoin, marking a bold new chapter in its 175-year history. The stablecoin, dubbed the U.S. Dollar Payment Token (USDPT), will be built on the Solana blockchain and issued by Anchorage Digital Bank, the first federally chartered crypto bank in the United States.#AltcoinETFsLaunch
Bitwise’s Solana ETF Saw $56 Million in First-Day Trading, Best in 2025
$SOL
🎯The Solana ETF hit US markets today, and it proved immensely successful. Bitwise's product saw $56 million in day-one trading volume, making a larger splash than 850+ ETFs launched in 2025. However, SOL's actual token price has actually declined today due to other factors. Although the upcoming altcoin ETFs may become lucrative investment opportunities, underlying market trends still look bearish. Solana ETF Goes Live The prospect of a Solana ETF has stirred market expectations for months, but the actual launch happened in murky circumstances. After months of false starts and regulatory confusion, the community had a mixed reaction when analysts claimed trading was about to start. Nonetheless, the first Solana ETFs went live on the markets today, and their baptism by fire proved extremely successful: Corporate investors have been pouring money into crypto ETFs, and the new Solana products are no exception. Eric Balchunas, a Bloomberg analyst, claimed that Bitwise's product had the strongest launch of any ETF in 2025. This includes ETFs based on XRP and non-token-based products alike; around 850 new assets in total. No Gains for SOL In other words, this Solana ETF has been a phenomenal success. Bitwise's product completely eclipsed HBAR and Litecoin ETFs, seeing $56 million in total volume compared to $8 and $1 million, respectively. Nonetheless, however, anticipated gains for Solana have yet to materialize: #SolanaETF #CryptoETFs #HBAR #LTC #Altcoins
Binance Square Upgrades “Write to Earn”: Post Content to Earn Up to 50% Trading Fee Commissions!
This is a general announcement. Products and services referred to here may not be available in your region. Fellow Binancians, Binance Square is excited to announce a major upgrade to the “Write to Earn” campaign! Starting from 2025-10-27, eligible Binance Square creators who post qualified content on Binance Square can now earn up to 50% trading fee commissions from their readers’ Spot, Margin, Futures and/or Convert trade(s)—a significant increase to better reward their valuable content. Eligibility Only Binance Square creators who fulfill all of the following requirements will be eligible to participate in this promotion: Complete account verification.Set up a profile on Binance Square (i.e., avatar, nickname). How to Participate Click on the [Register Now] button on the promotion page. Publish qualified content pieces (i.e., short posts, long articles, videos, polls, audio Lives or chats) on Binance Square. Get up to 50% in trading fee commissions* from regular and VIP 1 - 2 users’ Spot, Margin, Futures (excluding copy trading) and Convert trade(s) (only Convert Instant orders) when they complete the trade(s) directly after clicking on a coin cashtag (e.g., $BTC) or any of the coin price widgets in one of your qualified content pieces, as per the screenshot below. Reward Structure Basic Commission: Every eligible creator receives a 20% commission. This commission is one-time per trade.Bonus Commission: At the end of each week, Binance will rank all eligible creators based on the basic commission they earn, where the top 100 eligible creators of the week can earn a bonus commission as per the table below. Please note that the bonus commission is calculated and settled weekly. Eligible Creators’ Rankings Based on the Basic Commission They Earned in a WeekBasic Commission Bonus Commission Total Commission Top 1 - 3020%30%50%Top 31 - 10020%10%30%Other Eligible Creators20%N/A20% Binance will calculate the commission rewards of each qualified creator at the end of each week, and distribute the weekly commission rewards in USDC to their Funding Accounts by the following Thursday at 23:59 (UTC). Each week runs from Monday 00:00 (UTC) to Sunday 23:59 (UTC). Weekly commission rewards will only be distributed to users when its value is ≥ 0.1 USDC. The final commission will be calculated based on the actual net trading fees incurred (excluding referral commission, VIP discounts, trading fee discounts when using BNB, API broker rebates, and other fee discounts).Users will not receive commissions from trades if any of the following conditions are met:Trades made by users who signed up via referral codes/links (including Referral Lite and Pro).Trades involving trading pairs that do not incur trading fees.Trades executed by market makers or brokers.API trades.Trades from stablecoin to stablecoin.Other conditions that trigger non-commissionable criteria.As there is zero trading fee for Convert trading, we will use an estimated fee rate of 0.1% of the trading volume to calculate the Convert trading fee commissions in this campaign.The current commission does not affect users’ referral commission. Users will continue to earn corresponding referral commissions from referrals registering via their referral code or link. Post on Binance Square Now to Earn Up to 50% Commission! About Binance Square Binance Square, formerly known as Binance Feed, aims to be the one-stop social platform for the latest trends in Web3. With a vast selection of content from renowned crypto experts, avid enthusiasts and trusted media sources, the platform serves as a bridge between content creators and their followers, customizing users’ feeds based on their respective engagement history. For More Information What Is Binance Square and Frequently Asked QuestionsFrequently Asked Questions on Binance Square “Write to Earn” PromotionBinance Square Will Extend “Write to Earn”: Post Content on Binance Square to Earn Up to 30% Trading Fee Commissions! Terms and Conditions This Promotion may not be available in your region. Only Binance Square creators who complete account verification and finish setting up their profiles on Binance Square (i.e., avatar, nickname) will be eligible to participate in this Promotion.Creators who registered for the previous "Write to Earn" promotion are automatically eligible for this promotion and do not need to register again.Only short posts, long articles, videos, polls, audio Lives, or chats that are published organically on Binance Square after users confirm their registration for this Promotion will count as qualified content pieces. Content pieces that contain Quiz Red Packets will not qualify the creators for any commission rewards from this Promotion. Published content pieces that are deleted during the weekly settlement cycle will not qualify Binance Square creators for any commission rewards from this Promotion. Rewards from this program are mutually exclusive with those from other Binance Square campaigns. In particular, any content associated with CreatorPad activities will be excluded from this promotion, as users who have participated in CreatorPad will receive rewards preferentially from the CreatorPad incentive pool.For readers who are accessing the Binance Square posts via the Binance App, please note that only those who upgrade their Binance App to iOS v2.82 or Android v2.82, or later, will count as eligible readers.No commission rewards will be generated from qualified content pieces seven days after it was first published.Rewards Calculation and DistributionEach week’s bonus commission is calculated independently, and does not affect the following week's commission.Binance will use the daily closing prices to calculate the commission rewards from every Spot, Margin, Futures (excluding copy trading) and/or Convert trade(s) (only Convert Instant orders). Commission rewards will only be distributed to qualified Binance Square creators when the value of the weekly commission rewards accumulated is ≥ 0.1 USDC. If the weekly rewards accumulated is lower than 0.1 USDC, the creator will not receive any commission that week and their weekly commission rewards will be reset to zero at the end of that week.For eligible Binance Square creators who accumulate at least 0.1 USDC of commission rewards each week will have their weekly performance (including last week’s commission ratio, reward, total eligible trading volume, and total eligible traders) updated on the Promotion page by the following Thursday at 23:59 (UTC). USDC rewards (accurate to 2 decimal places) will be distributed to their Funding Accounts by the following Thursday at 23:59 (UTC). Users may view their rewards distribution records here. Each week runs from Monday 00:00 (UTC) to Sunday 23:59 (UTC). Each day runs from 00:00 (UTC) to 23:59 (UTC). Binance Square creators will not be eligible to earn any trading fee commissions from their own Spot, Margin, Futures, or Convert trades.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any participants showing any signs of fraudulent, dishonest or abusive activities immediately (e.g., wash trading, bulk account registrations, self dealing, market manipulation, and any other activity in connection with unlawful, fraudulent, or harmful purposes).Binance reserves the right to disqualify any participants who, in its reasonable opinion, are acting fraudulently or not in accordance with any applicable terms and conditions.Market makers or brokers are not eligible to participate or receive any rewards. Rewards accrued from 2025-10-20 to 2025-10-26, will be governed by the previous promotion rules. Eligible participants will receive their corresponding rewards on or before 2025-10-30. Effective 2025-10-27, all rewards will be calculated in accordance with the new rules.Binance reserves the right to cancel a user’s eligibility in this promotion if the account is involved in any behavior that breaches the Binance Square Community Management Guidelines or Binance Square Community Platform Terms and Conditions.The Binance Privacy Notice shall apply for personal data collected under this Promotion. Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating, or suspending this promotion, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.Binance reserves the right of final interpretation of this promotion.Additional promotion terms and conditions can be accessed here.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise. Thank you for your support! Binance Team 2025-10-27
🚨#Ethereum Set to Debut 'Key to Layer-2 Scaling' as Fusaka Upgrade Clears Final Test 👉Ethereum’s latest overhaul is all systems go for deployment. The network’s upcoming Fusaka upgrade successfully went live on a third and final testnet Tuesday afternoon—meaning it is now greenlit to go live on the Ethereum mainnet in just a few weeks. Fusaka had previously deployed successfully on the Holesky and Sepolia testnets earlier this month, before going live on the Hoodi network today. It is currently penciled in to debut on the Ethereum mainnet on or around December 3. #fusakaupgrade
🚨Can Gold And Silver Prices Predict #Bitcoin’s Next Move?$BTC
👉Although some Bitcoin bulls refer to BTC as digital gold, physical precious metals may be a good way to predict Bitcoin’s future price movements. One Bitcoin trader brought up the BTC/Gold Mayer Multiple when explaining their 📈bullishness toward crypto.
👉The multiple compares the Bitcoin to gold ratio against its 200-day moving average, and advocates of this indicator believe Bitcoin is undervalued if it has a Mayer Multiple below 1. That the ratio has only been this low during Bitcoin crash periods, suggesting a buy-the-dip opportunity.#BTCReserveStrategy
🚨#Bitcoin Uptober Cliffhanger: Will BTC Close the Month Green?
It’s been an up and down month of October for Bitcoin traders and investors, despite the seasonal promise of "Uptober" gains. Historically, October has been good for Bitcoin holders, posting a green month 10 out of the last 12 years and delivering average gains of more than 20%. At the moment, Bitcoin stands at a relatively meager +1.14% for the month, according to data.#Uptober
🚨Cathie Wood buys $31 million worth of crypto stock ahead of Halloween
Cathie Wood is among the most bullish investors when it comes to the crypto sector. Well-known for her bullish $1.5 million #Bitcoin (BTC) price prediction, her investment firm ARK Invest regularly drops millions of dollars on crypto stocks. Whether it's crypto treasury or tokenization trends, Wood is ahead of most Wall Street giants in identifying and investing in emerging technologies and confidently backs her convictions with decisive action.#BTCReserveStrategy
🚨Hedera's spot ETF offering shakes up the competition One of the key drivers of price appreciation for many top-tier projects (besides user and developer adoption) is institutional capital flows into specific tokens. Hedera is the latest large-cap token to have a spot ETF featuring its tokens launched.#AltcoinETFsLaunch
🚨#Ethereum Treasury Firm SharpLink to Put $200M in ETH Into Linea DeFi Protocols🚨 👉SharpLink Gaming, one of the largest publicly traded holders of Ethereum, announced Tuesday that it plans to deploy $200 million in ETH from its treasury onto the Linea layer-2 network. 👉The deployment will occur over multiple years using risk-managed strategies, the firm said in a statement, and will take place in collaboration with Linea creator Consensys.#AltcoinETFsLaunch
🚨What Bitcoin, Ethereum Traders Should Watch Ahead of Fed Rate Decision🚨 👉The 🇺🇸U.S. central bank seems almost certain to cut interest rates on Wednesday but it’s unclear whether bankers will end quantitative tightening (QT) and what its impact might be on crypto markets, my analysts told. 👉QT is when the Federal Reserve reduces the amount of money in the financial system by letting its bond holdings shrink—pulling cash out of circulation to cool the economy and fight inflation. It’s the opposite of quantitative easing (QE), when the Fed pumps money in by buying bonds.#CutInterestRate
🚨Look Out Below: #Bitcoin Mining Stock Canaan Just Dropped 16%. Here's Why.🚨 👉Despite strong orders for its latest-generation Bitcoin mining machines, Canaan stock remains on shaky footing. 👉Investors appear to be bemoaning the company's current fundamentals, which are far from positive. 👉Analysts do appear to remain mixed on the company's outlook, but is there enough good for investors to latch onto?#MarketPullback
🚨 Mercuryo's Petr Kozyakov On Why Only the Rich Are Using Crypto Wallets — For Now🚨
🇺🇸Americans earning over $100,000 are 3x more likely to own a self-custody wallet than those earning $40,000 or less. Usability and confidence are the top pain points for Web3 wallet adoption. Just one in four U.S. adults thinks Web3 wallets are easy to set up. Amongst crypto wallet users, there’s a growing divide between the wealthy, who are three times more likely to use a Web3 wallet, and the average person, who stands to benefit the most from the amazing features they offer.#Web3wallet
Solana Price Could See a “Long” Winter If This “Squeeze” Risk Plays Out
$SOL
🚨#Solana (SOL) price has struggled to hold momentum even as excitement around its ETF launch builds. The token is down 2.2% in the past 24 hours and roughly 1% over the month, hinting that traders remain cautious. Despite being up more than 11% year-on-year, the short-term setup is getting tense, and the next 10% move could decide if the coin price heads for a long winter. Hodlers And Mid-Term Holders Start To Cash Out Solana’s price weakness is starting to show up on-chain. The hodler net position change, which measures whether long-term holders are adding or reducing holdings, has been negative for the past three days. On October 25, the metric stood at –3.82 million SOL. By October 27, it had climbed slightly to –3.90 million SOL, indicating that more tokens are flowing out of long-term wallets.
While this isn’t as severe as the –4.86 million SOL reading on October 20, it still shows growing sell pressure from long-term investors who are likely taking profits or reducing exposure ahead of volatility. The same pattern appears in Solana’s HODL waves. It is a metric that tracks what share of the total supply is held by which wallet cohort (time-based). Mid-term holders (3–6 months) have reduced their share from 12.76% of total supply on September 28 to 11.39% as of October 27. That’s a 10.7% decline in their ownership share over one month. This shows that this group is gradually exiting while the market remains flat.
Together, these metrics suggest that Solana’s long-term conviction is cooling despite the ETF buzz. The wallets that helped stabilize earlier dips are now easing out, leaving the price more exposed to short-term sentiment swings. Leverage Builds Despite Bearish Signs The derivatives market is sending a louder warning. It seems that traders are ignoring the bearish on-chain signs. On Bybit alone, the long–short ratio shows that over 80% of positions are long, with about $884.15 million in long leverage compared to $288.42 million in short exposure.#ProjectCrypto
🚨🎯Circle Opens Arc Testnet With BlackRock, Visa, AWS Among Its Participants
#USDC stablecoin issuer Circle launched the public testnet for its Layer-1 blockchain network Arc Tuesday, with participation from over 100 companies including BlackRock, Visa and Amazon Web Services. Circle CEO Jeremy Allaire said the project has “remarkable early momentum,” “Arc presents the opportunity for every type of company to build on enterprise-grade network infrastructure—advancing a shared vision that a more open, inclusive, and efficient global economic system can be built natively on the internet,” he added.#StablecoinLaw
🚨Myriad Launches on #BNB Chain, Adds Automated Markets📊
👉Prediction market protocol Myriad is gearing up for the next stage of its expansion with its launch on BNB Chain and the addition of new features including Automated Markets and localized experiences. Myriad’s launch on BNB Chain expands the prediction market protocol to the BNB ecosystem and opens the door to millions of new users across Asia and beyond.#BinanceHODLerEDEN
🚨Was the #Bitcoin White Paper Intentionally Published on Halloween?
👉The Bitcoin white paper was published on Oct. 31, 2008. Did Satoshi Nakamoto choose Halloween on purpose? Several theories explore the significance of the date. One of the more intriguing aspects of Bitcoin lore is that Satoshi Nakamoto’s original white paper was published on Halloween in 2008.#whitepaperCrypto
🚨#XRP whales🐋 pile $560m into Ripple-linked crypto despite ETF approval freeze 👉Deep-pocketed investors are scooping up XRP and increasing their exposure to the Ripple-linked cryptocurrency. Whales accumulated almost $560 million in XRP over the past week, data from Santiment shows. Their investments come in lockstep with the Securities and Exchange Commission’s lapsed deadlines for three XRP exchange-traded fund filings during the period.#MarketPullback
🚨Breaking News: #Solana and HBAR ETFs Will Begin Trading Tomorrow $SOL
👉After some initial confusion, it seems confirmed that Bitwise and Canary Capital's Solana and HBAR ETFs will begin trading tomorrow. This could further open the world of altcoin ETFs. So far, uncertainty regarding financial regulators and macroeconomic situations have left the situation ambiguous. Neither token has posted a price rally, despite this ostensibly bullish news.#AltcoinMarketRecovery
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