Key Highlights SBI Group, Mesh, and Money Forward are partnering on a joint venture to build integrated digital asset and financial connectivity in Japan. The initiative will combine Mesh’s API connectivity infrastructure with SBI Group’s financial network and regulatory acumen, backed by management support from Money Forward. Initial operations will target account connectivity, crypto and ...
Key Highlights Blockchain analytics firm Crystal found that 74% of the Open USD ($OUSD) supply was held across just 10 wallets following its launch snapshot on Oct. 5. A vast majority of the supply remained idle in staged custody, including $396 million across eight Tempo wallets funded by Bridge and $200 million held within Coinbase ...
Key Highlights Polygon has surpassed 8.1 million Tether ($USDT) holders, establishing the largest USDT holder base across all blockchain networks. The growth milestone was highlighted by the commentator @0xPolygon on Twitter, underscoring the expanding stablecoin adoption on the layer-2 network. This surge in holders reflects robust network engagement and infrastructure strength, even amid mixed market ...
Key Highlights USDC has taken the lead in x402 agentic payments on the Algorand blockchain, recording $390.4K in transfer volume over the past 30 days. Algorand’s monthly agentic payment volume surpassed rival networks, outpacing Base’s $378.3K and Solana’s $360.5K. The milestone, highlighted by Token Terminal, points to rising adoption of decentralized payment infrastructure and could ...
Key Highlights: OKX founder Star Xu projects that blockchain and crypto industry transformations beginning in 2026 will vastly outpace the progress seen over the previous decade. Centralized exchanges are projected to evolve beyond pure trading hubs into comprehensive global platforms offering payments, asset storage, and tokenized shares. Advances in self-custody and on-chain infrastructure could allow ...
Key Highlights: Stablecoin infrastructure firm Rain has filed an application with the OCC to form Rain National Trust Bank, a New York-headquartered national trust bank. Led by proposed CEO Brandon Soto, the entity would hold institutional assets in fiduciary custody and support dollar-backed stablecoin issuance under the $GENIUS Act without offering retail loans or taking ...
Key Highlights: Global payments giant Visa has teamed up with $ADI Foundation to explore bridging traditional electronic payment rails with institutional blockchain infrastructure. The initiative seeks integration models that allow financial institutions to utilize blockchain technology without dismantling or replacing existing legacy systems. Visa continues its digital settlement push following landmark institutional pilots with Lloyds ...
Key Highlights OpenPayd is pursuing public market opportunities to finance its planned U.S. market rollout by April 2027, backed by the recent absorption of MSB USA Inc. and 43 state licenses. The financial infrastructure provider generated $73 million in revenue and $13 million in EBITDA for the fiscal year ended April 30, 2026, while expanding ...
Key Highlights Stablecoins are part of a cryptocurrency market valued at approximately $340 billion. NYDFS discussions and regulatory actions could influence stablecoin trading strategies and institutional adoption. Traders are watching for potential compliance changes and increased interest from traditional banks in blockchain technology. Stablecoins Gain Importance Across the Crypto Market Stablecoins have become a significant ...
Key Highlights: Cross-border remittances and merchant payments were each recognized by 52%. HSBC said 60% correctly identified stablecoins as fiat-backed digital assets. HSBC is expanding digital-asset education while testing tokenized sterling deposits in live customer transactions. HSBC highlights gaps in stablecoin understanding HSBC said cross-border remittances and merchant payments were each recognized by 52% in ...
Key Highlights Bitwise CIO Hougan said protocols should share revenue with token holders, introduce buyback or reinvestment mechanisms, and improve token-unlocking transparency. Hougan described Bitcoin as “digital gold” and one of the cryptocurrency sector’s best risk-adjusted investment vehicles. He identified fiat-currency devaluation and the expansion of stablecoins and tokenization as two major trends for the ...
Key Highlights: Bitwise CIO Hougan said stronger token economies should share protocol revenue with token holders and improve buyback, reinvestment, and token-unlocking practices. Hougan described Bitcoin as “digital gold” and one of the cryptocurrency sector’s best risk-adjusted investment vehicles. He identified fiat-currency devaluation and the expansion of stablecoins and tokenization as two major long-term crypto ...