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_Wendy
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MakerDAO has rebranded to Sky and introduced a new stablecoin, $USDS, and a native governance token, $SKY, aimed at improving DeFi accessibility and user experience.
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_Wendy
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Pioneer Explains Why Crypto Has Not Achieved Its Potential in the Payments Sector
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$BTC Fireblocks Reveals 90% of Industry Participants Are Actively Engaging With Stablecoins Blockchain infrastructure provider Fireblocks has released its ‘State of Stablecoins 2025’ report, highlighting the growing importance of stablecoins in modern payment systems. The report indicates that stablecoins accounted for nearly half of the transaction volume on the Fireblocks platform in 2024, demonstrating their essential role in the modernization of global payments. With over 300 banks and payment providers onboard, Fireblocks processes 15% of global stablecoin volume, facilitating more than 35 million transactions monthly. The report reveals that 90% of industry respondents are actively engaging with stablecoins, particularly for cross-border payments, which are valued for their speed and cost efficiency. Additionally, 86% of firms report their infrastructure is ready for stablecoin adoption, signaling a shift from pilot programs to full-scale implementation. The findings underscore a significant trend toward integrating stablecoins into existing financial systems, driven by regulatory clarity and the need for a competitive advantage in a rapidly evolving market.
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Major Crypto Firms Spending Millions on Personal Security
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$SOL Solana Treasury Company DeFi Development Corp. Partners With BONK Memecoin to Launch Validator Node DeFi Development Corp, a public company with a crypto treasury strategy focused on accumulating solana ( SOL), has announced a strategic partnership with BONK, a popular community memecoin in the Solana ecosystem. As part of the collaboration, the two entities will jointly operate and manage a validator node, with both contributing to the validator stake and sharing the rewards. This partnership showcases a new model for aligning institutional infrastructure with community tokens to enhance decentralized networks. DeFi Development Corp. aims to expand its validator business to generate revenue and increase its proprietary performance metric, SOL Per Share (SPS). BONK, recognized for its extensive integrations across decentralized applications, views this partnership as a step towards empowering its community and reinforcing Solana’s decentralized infrastructure.
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$BTC Metaplanet Expands Bitcoin Holdings to 7,800 With Acquisition of 1,004 BTC Metaplanet Inc, a publicly listed bitcoin treasury company based in Japan, has announced the acquisition of an additional 1,004 bitcoin, increasing its total holdings to 7,800 BTC. The latest purchase was made at an average price of 15,134,304 yen per bitcoin, amounting to a total investment of approximately 15.195 billion yen. The company reported a BTC Yield of 41.7% for the period from July 1 to September 30, 2024, and an impressive 309.8% for the subsequent quarter. Metaplanet Inc. continues to utilize its Bitcoin Treasury Operations to enhance shareholder value, with a focus on increasing its bitcoin holdings while minimizing dilution effects. #binance #wendy #BTC
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