Summary of the Week in the Crypto World 🌍🔥
This week, the Binance Bytes team brings us the hottest highlights from the ecosystem. Here’s what’s most relevant 🚀👇
1️⃣ Jack Mallers makes a big bet with Twenty One 💰
👉 Partners with giants like Tether, SoftBank, and Cantor Fitzgerald to launch Twenty One, valued at $3.6B.
👉 They start with 42,000 BTC in reserves, positioning themselves as the new MicroStrategy… but with more flair.
2️⃣ PayPal jumps on the crypto train 🚆
👉 Launches a loyalty program with a 3.7% yield on balances in stablecoins.
👉 Payments will be made in PYUSD, their own stablecoin.
📌 More incentives = more mass adoption.
3️⃣ Circle revolutionizes global payments 🌐
👉 Announces Circle Payments Network (CPN), a network designed to simplify and accelerate international transactions.
💡 Speed, transparency, and efficiency without borders.
🔜 What else is coming? The ecosystem keeps innovating.