A Solana Foundation report shows stablecoins on high-speed blockchains can reduce costs and speed up global remittances, a market long burdened by high fees and slow transfers. Traditional systems charge around 6.49% on $200 transfers and take days to settle, while stablecoins settle almost instantly and cost much less. The report highlights stablecoins' potential to reach unbanked populations and integrate with broader financial services. Several major companies like Western Union and WorldRemit are already adopting stablecoin solutions, signaling a shift towards more efficient, inclusive remittance systems.
PayPal's CEO Enrique Lores is moving forward with a plan to operate the company independently after a proposed $50 billion sale fell through. He aims to revamp struggling parts of the business, cut billions in costs, and enhance Venmo by adding budge...
Franco-Nevada Corporation has agreed to acquire an additional A$170 million (about $122 million) royalty interest from Minerals 260 Limited, raising its total gross royalty on the Bullabulling Gold Project in Western Australia to 3.90%. The company a...
Strategy, formerly MicroStrategy, sold over $200 million in Bitcoin without causing a price drop; instead, Bitcoin rallied to around $64,000. Bitwise CIO Matt Hougan explains this shows strong buy-side demand and market saturation at current prices, ...
Uniswap has reached $71.1 billion in trading volume over the past 30 days, reinforcing its position as the top decentralized exchange (DEX). Its consistent high volumes, including $21.3 billion in the last week and nearly $2 billion in a single day, ...
Litecoin whale addresses holding $1M-$10M and above $10M have decreased to levels last seen at the 2022 market bottom, signaling reduced large-holder activity during this market phase. On-chain analyst Joao Wedson notes this contraction resembles pas...
