Short News
522 articles
Short NewsTrump’s USD1 Stablecoin to Back MGX’s $2B Binance Investment
At Token2049 in Dubai, Eric Trump announced that the Trump family’s World Liberty Financial USD stablecoin (USD1) has been selected as the official stablecoin for MGX’s $2 billion investment in Binance. Earlier this year, Abu Dhabi-based MGX revealed its plans to acquire a $2 billion stake in Binance. Trump also shared that the USD1 stablecoin …
Nidhi Kolhapur·1 May 20251 min
Ethena and TON Team Up to Bring Stablecoins to Telegram Users
Ethena has partnered with the TON Foundation to launch its synthetic stablecoins, USDe and sUSDe, within the Telegram ecosystem. As part of the collaboration, Ethena’s products will also be integrated into Telegram’s native wallet, expanding access to stable digital assets for millions of users. Additionally, support will extend to TON-compatible wallets like Tonkeeper and TONHub, …
Elena R·1 May 20251 min
Short NewsTether Targets U.S. Stablecoin Launch, Awaits Regulatory Clarity
Tether announced plans to launch a new stablecoin product in the United States as early as the end of 2025 or early 2026. The timeline depends on how quickly the U.S. Congress moves forward with stablecoin legislation. Tether emphasized that regulatory clarity will be key to the rollout. CEO Paolo Ardoino also highlighted that USDT, …
Nidhi Kolhapur·1 May 20251 min
Short NewsWorldcoin Expands in the U.S., Unveils Crypto Visa Card, and Partners with Tinder
World (formerly Worldcoin), backed by Sam Altman, is launching in six U.S. cities, including Los Angeles and Miami. Users can earn WLD tokens by verifying their identity through the platform. The project is also introducing a Visa card linked to the World App, making it easy to spend crypto in everyday life. In addition, World …
Nidhi Kolhapur·1 May 20251 min
Roswell Becomes First U.S. City to Hold Bitcoin as a Reserve Asset
Roswell, New Mexico, has made history by becoming the first city in the United States to adopt Bitcoin as part of its strategic financial reserves. This move marks a bold step toward integrating digital assets into public finance. By holding Bitcoin, the city aims to diversify its treasury and position itself for long-term financial strength. …
Qadir AK·30 Apr 20251 min
$500M Telegram Bond Fund Set to Launch on TON
Libre, a tokenization firm, is launching the Telegram Bond Fund (TBF) on the TON blockchain. The fund will tokenize $500 million worth of Telegram’s debt, offering accredited investors access to high-quality yield products. Backed by Telegram’s $2.4 billion in outstanding bonds, these tokenized assets can also be used as collateral for on-chain borrowing and project …
Qadir AK·30 Apr 20251 min
Short NewsBlackRock Moves to Tokenize $150B Fund for Institutional Investors
BlackRock has officially filed to tokenize shares of its massive $150 billion money market fund, marking a major step toward merging traditional finance with blockchain technology. The offering is specifically aimed at institutional investors, requiring a minimum investment of $3 million. This initiative highlights growing institutional interest in digital assets and blockchain’s role in the …
Qadir AK·30 Apr 20251 min
Bitcoin to $1 Million? Arthur Hayes Thinks It’s Coming by 2028
Speaking at TOKEN2049, Arthur Hayes predicted Bitcoin could soar to $1 million by 2028. He pointed to expected U.S. money-printing and liquidity boosts similar to past quantitative easing as key drivers. Hayes believes these policies will weaken the dollar and push more people toward crypto. As governments inject more cash into the system, he sees …
Qadir AK·30 Apr 20251 min
SEC Drops PayPal’s PYUSD Stablecoin Probe With No Action
PayPal has confirmed that the U.S. Securities and Exchange Commission has ended its investigation into the company’s U.S. dollar-backed stablecoin, PYUSD, without taking any action. In a regulatory filing on April 29, PayPal said the SEC notified them that the case was closed. The investigation began after PayPal received a subpoena from the SEC’s Division …
Qadir AK·30 Apr 20251 min