MoneyGram unveils stablecoin-backed card as digital dollars move into everyday spending
The remittance giant is rolling out a Visa card that lets customers hold dollars and spend from a stablecoinbacked balance. Source:CoinDesk
Bitcoin fails to reclaim $80K as Bessent fuels yen strength around 153 per dollar
Bitcoin trended lower with US stocks on Iran escalation while US Treasury Secretary Scott Bessent contributed to fears of a yen carrytrade unwind.…
Crypto Long & Short: Inside the 300-to-1 onchain gap between the dollar and euro
Ryan Connor of RockawayX writes that the dollar leads the euro about 3 to 1 across the offchain economy and more than 300 to 1 onchain. Europegged stablecoins…
Bitcoin recovers toward $79,000 as Zcash records a $500 million ETF haul
Bitcoin fell to nearly $77,600 on Tuesday before clawing most of it back, leaving it little changed on the day while zcash gained roughly 43% on the week and…
Mexico quadruple homicide tied to alleged Bitcoin robbery attempt
Two suspects face a Wednesday hearing over four killings allegedly linked to a crypto wallet believed to hold millions of dollars in Bitcoin.…
Stablecoin wallets challenge traditional bank accounts as main consumer money hub
Industry leaders debate whether digital dollar wallets will dismantle traditional bank accounts or simply modernize the underlying infrastructure.…
Dollar-backed stablecoins can push local currencies lower, Bank of Korea study finds
Buying pressure in Binancepaired currencies correlates with local currency depreciation as market makers balance positions. Source:CoinDesk
Mantle adds Paxos’ USDG stablecoin, joins Global Dollar Network
Mantle has added Paxosissued USDG as a natively minted stablecoin while joining the network’s rewardsharing structure. Source:Cointelegraph
Bitcoin reclaims $80K as DXY falls amid continuing suspected yen intervention
Bitcoin rallied 5% to reclaim $80,000 as the US dollar weakened amid a suspected Bank of Japan currency intervention, though analysts remain split on the…
Kraken parent Payward partners with SoFi on stablecoin, 24/7 settlement
The deal will bring SoFiUSD to Kraken, connect Payward to SoFi’s 24/7 dollar settlement network and give SoFi access to digital asset liquidity through Kraken…
Standard Chartered brings spot crypto trading to Dubai FX platform
The bank is now offering institutional crypto spot trading in the region, bringing BTC and ETH onto the same eFX rails that institutions use to trade dollars…
The yen is surging and it’s helping bitcoin, for now
Yen's rise has led to a broadbased USD weakness, driving the Dollar Index lower. BTC and gold are loving it, for now. Source:CoinDesk