Two numbers are increasingly shaping the direction of the crypto economy: roughly $600 million in monthly crypto card payments and a $5.58 billion onchain credit market. Together, they point to the same inflection—stablecoins are moving from a speculative parking asset toward functioning financial infrastructure that touches everyday spending and real-world borrowing demand.
The payments side has accelerated quickly. Crypto card transaction volume was close to negligible in early 2023, but the curve began to change around September 2024. Over the following eight months, volumes climbed more… Read more
Uphold will pay more than $5 million to compensate customers affected by CredEarn, a third-party crypto investment product. The New York settlement requires stronger product
The escalation in U.S.-China tensions may disrupt global oil markets and complicate diplomatic relations, impacting future economic stability. The post Beijing defies US sanctions, escalating
The interception highlights the intensifying drone warfare, suggesting prolonged conflict and diminishing prospects for a near-term ceasefire. The post Russia intercepts 270 Ukrainian drones amid
The prolonged deadlock in Hormuz underscores geopolitical tensions, affecting global oil supply and testing U.S. diplomatic strategies amid legal pressures. The post Hormuz deadlock persists
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