12j yang lalu
CLARITY Act faces July 4, 2026 deadline dispute as Terrett, Novogratz diverge
Eleanor Terrett argues the CLARITY Act cannot realistically be enacted by the White House's July 4, 2026 target, while Galaxy Digital CEO Mike Novogratz says the bill will ultimately become law. The Senate must assemble 60 votes—meaning at least seven Democratic crossovers with Republicans holding 53 seats—and delays past the August recess have been warned to risk pushing the next workable window toward 2030.
BTC
BTC+1.87%
12j yang lalu
14j yang lalu
World Liberty Financial Ties USD1 Bonuses to UFC Freedom 250, Adds $250,000 Pool
World Liberty Financial (WLFI) said it will sponsor a new Performance of the Night bonus pool for UFC Freedom 250 on June 14, 2026, paying its $250,000 contribution in USD1 stablecoin. UFC CEO Dana White said Fight of the Night winners will receive $400,000 each and Performance of the Night winners $425,000 each, with the overall post-fight bonus pool reaching about $1.65 million when combined with a separate $1 million CRO bonus. Polymarket activity around the card surpassed $4.1 million across 18 markets, led by $2 million on Ilia Topuria vs. Justin Gaethje.
WLFI
WLFI+2.02%
14j yang lalu
15j yang lalu
DeFi TVL drops from nearly $178B to about $72.5B as stablecoins stay near $315B
DeFi's total value locked has slid from nearly $178 billion to around $72.5 billion since its late-2025 high, even as stablecoin supply remains near $315 billion. The pullback spans lending, liquid staking, and bridge protocols, pointing to tighter risk selection rather than a breakdown of DeFi infrastructure. Staking levels remain firm, with about one-third of Ethereum supply staked and Solana staking near 68%.
ETH
ETH+2.65%
15j yang lalu
21j yang lalu
MUFG, Mizuho and SMBC form council to co-issue yen stablecoin by March 2027
MUFG Bank, Mizuho Bank and Sumitomo Mitsui Banking Corporation have set up a joint council to develop and co-issue a yen-pegged crypto stablecoin by the end of Japan’s fiscal year 2026, which runs through March 2027. The token is planned to be issued via a trust structure with the banks as joint settlors and a trust bank (or similar institution) acting as trustee. The effort sits within the FSA’s Payment Innovation Project and follows a late-2025 pilot on whether multi-bank co-issuance could be done legally.
BTC
BTC+1.87%
21j yang lalu
21j yang lalu
Brazil Advances Bill 4212/25 on CBDC Limits as Latam Stablecoin Flows Near $1.5T
Brazil’s Chamber of Deputies Economic Development Committee advanced a revised version of Bill 4212/25 aimed at curbing state powers if a CBDC is introduced. Separately, Rain said Latin America processed nearly $1.5 trillion in transactions from 2022 to 2025, while Bitfinex Securities argued tokenization could help Venezuelan firms raise $30 million to $50 million beyond thin local markets.
BTC
BTC+1.87%
21j yang lalu
1h yang lalu
Pyth Network expands into the $50B market-data space with 24/7 indices
Pyth Network is moving deeper into the more than $50 billion financial market-data arena by rolling out proprietary 24/7 indices spanning metals, oil, and U.S. equity baskets. The network says venues including Coinbase and Kraken are early adopters, while Pyth Pro has surpassed $1 million in annual recurring revenue as it tests whether more institutions will become paying customers.
BTC
BTC+1.87%
1h yang lalu
1h yang lalu
Rain report says Latam transacted nearly $1.5T via stablecoins from 2022 to 2025
Rain says Latin America processed nearly $1.5 trillion in transactions from 2022 to 2025, with most flows routed through stablecoins as dollar substitutes. The company attributes adoption to currency devaluation pressures, cross-border fees that stablecoins can cut by up to 92%, and limited banking access. Rain also highlights Colombia and Bolivia, citing sharp 2025 growth in Rain crypto card usage.
BTC
BTC+1.87%
1h yang lalu