Kazakhstan Taps Tether to Explore a New Tenge Stablecoin Model

Kazakhstan already has a tenge stablecoin in a central-bank sandbox. Now it has brought Tether into the room to study another one. Tether, the National Bank of Kazakhstan, and the Alatau City Authority signed an exploratory memorandum on Wednesday covering a possible tenge-pegged stablecoin, asset tokenization, and decentralized finance (DeFi). No coin has been approved, […]

source https://news.bitcoin.com/crypto-news/kazakhstan-taps-tether-explore-tenge-stablecoin-model/

Solana Hits 14M Stablecoin Holders as Card Volume Tops $1B

Solana’s stablecoin footprint has expanded to more than 14 million holder addresses, alongside over $15 billion in supply and $1 billion in cumulative stablecoin card volume. Solana Stablecoin Use Sees Massive Growth in Two Years Solana’s stablecoin economy is reaching a new scale just as the blockchain makes a bigger push into institutional settlement. More […]

source https://news.bitcoin.com/stablecoins/solana-hits-14m-stablecoin-holders-card-volume-tops-1b/

Elon Musk Adds $65 Billion in a Day to Reclaim Trillionaire Status

Elon Musk has regained trillionaire status following a summer reversal that erased hundreds of billions from his estimated fortune. The recovery followed gains in SpaceX and Tesla shares, which account for most of his estimated wealth. Two Stocks Put Elon Musk Back Above $1 Trillion Elon Musk’s estimated fortune increased by $65.4 billion on Oct. […]

source https://news.bitcoin.com/featured/elon-musk-adds-65-billion-in-a-day-to-reclaim-trillionaire-status/

JPMorgan Lends Its Expertise to Solana’s Atomic Settlement Program

On Tuesday, the Solana Foundation revealed an open-source escrow program called Solana DvP, calling it an “atomic settlement program built for financial institutions.” The foundation explained that the largest bank in the United States, JPMorgan, provided the organization with “input on institutional settlement practices and requirements.” Solana’s DvP Takes Aim at the Days-Long Settlement Window […]

source https://news.bitcoin.com/blockchain/jpmorgan-lends-expertise-solana-atomic-settlement-program/

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S&P Global Targets $10B Crypto Lending Market With New Risk Framework

S&P Global Ratings has introduced a new framework for assessing onchain lending vaults after deposits in the sector surged to $10 billion. S&P Global Brings Wall Street Risk Ratings to DeFi Vaults S&P Global is pushing deeper into crypto markets with a new framework designed to assess the risks of blockchain-based lending vaults. The firm’s […]

source https://news.bitcoin.com/regulation-and-legal/sp-global-targets-10b-crypto-lending-market-risk-framework/

Bitcoin’s Halving Clock Is Ticking With Fewer Than 80,000 Blocks Left

Bitcoin’s notorious halving event is getting closer, and as of Monday, there are now fewer than 80,000 blocks left until that point. When that happens, at block height 1050000, on or around April 12, 2028, block rewards will shrink from 3.125 BTC to 1.5625 BTC. Bitcoin’s Fifth Halving Moves Into View As of today, according […]

source https://news.bitcoin.com/featured/bitcoins-halving-clock-is-ticking-with-fewer-than-80000-blocks-left/