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Mastercard expands on-chain settlement in bets on stablecoins and always-on funding

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Mastercard is expanding its settlement network to support regulated stablecoins, a move that could help bring blockchain-based payments deeper into the plumbing of the global financial system. The company said Wednesday it plans to offer issuers and acquirers additional settlement options, including intraday, weekend and holiday settlement, as well as on-chain settlement using regulated stablecoins. […]

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Bitcoin’s fall to $67,000 accelerates a shift to digital dollars

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A week ago, CoinDesk informed readers about the renewed rotation of funds to dollar equivalents such as tether USDT$0.9987 and USD Coin (USDC) stablecoins like bitcoin BTC$66,663.71 pulled back from early May highs above $80,000. This combination was an early warning sign of potential full blown risk aversion in the crypto market. These early warning

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MSTR’s BTC sell-off could kick-start ETH outperformance

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The strategy’s (MSTR) first bitcoin BTC$66,698.36 The selloff since 2022 may have been small compared to its massive $58 billion in holdings, but the market’s reaction could signal a broader shift in crypto markets, according to Standard Chartered’s head of digital asset research, Geoff Kendrick. In a note to clients, Kendrick pointed out that ether

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Franklin Templeton teams up with MoonPay to let big investors trade stablecoins for dividends 24/7

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Franklin Templeton is expanding its digital asset strategy through a new partnership with MoonPay that will allow institutional investors to move between stablecoins and the asset manager’s tokenized money market fund through an onchain workflow. The integration connects Franklin Templeton’s Benji technology platform with MoonPay Trade’s infrastructure, creating a path for eligible institutions to exchange

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How to better understand bitcoin’s perpetual identity crisis

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Bitcoin occupies a fascinating gray area of ​​classification: part commodity, part currency, part technology asset, part macro hedge. Far from being a mere philosophical curiosity, this ambiguity is the defining feature of how the asset trades. Because no common understanding of what bitcoin fundamentally is has yet taken hold, no consistent framework exists for how

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Bitcoin’s computing power dwarfs top 100 supercomputers by 600,000 times, Bittensor co-founder says

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The infrastructure that supports global computing is undergoing a massive shift. Real computing power no longer belongs to isolated corporate data centers, but to open, global networks. Talking by Proof of speech summit in Paris, Bittensor co-founder and Crucible Labs partner Ala Shaabana highlighted the staggering mathematics behind decentralized networks. To show the audience what

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UK House of Lords committee calls on Bank of England to reconsider proposed stablecoin restrictions

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A UK House of Lords committee said the Bank of England (BOE) should reconsider its proposed limits on consumers’ stable coin holdings in a new report. The cross-party committee on Financial Services Regulation in the second chamber of the UK Parliament also recommended a reconsideration of the requirements for stablecoin issuers to hold at least

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Hyperliquid beats Ethereum in trading volume in days as big money rotates, FalconX says

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Hyperliquid (HYPE) has emerged as one of the most liquid trading venues in the crypto market and is attracting increasing interest from hedge funds and institutional investors as capital rotates away from bitcoin and ether, according to Joshua Lim, global head of markets at FalconX. The decentralized derivatives exchange, which launched its HYPE token last

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US Sanctions Nobitex, Other Iranian Crypto Exchanges Amid Ongoing War

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The US Treasury Department blacklisted several Iranian crypto exchanges, including its largest platform Nobitex, on Tuesday as part of its ongoing campaign against the Iranian government. The Treasury’s Office of Foreign Asset Control announced that Nobitex, Wallex, Bitpin and Ramzinex, as well as some of these exchanges’ managers, were added to its global Specially Designated

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