On Tuesday, Citigroup (C) had its second quarter of 2025 earnings call. During the call, Ebrahim Poonawala, Head of North American Banks Research at BofA Securities, asked how Citi is using stablecoins internally for treasury and global liquidity management and whether their adoption could disrupt the bank’s service revenues. Citi CEO Jane Fraser said the
The launch of Boundless’ incentivized testnet marks crypto’s first real stress test for production-ready zero-knowledge infrastructure. With the Ethereum Foundation and EigenLayer as early adopters, the scramble to operationalize ZK proofs across chains has officially begun. According to a press release shared with crypto.news on July 15, Boundless Network has deployed its Mainnet Beta on
In a significant move that underscores the growing confidence of traditional finance in the digital asset space, Nasdaq-listed Hilbert Group has announced a substantial increase in its Bitcoin (BTC) holdings. This development isn’t just another headline; it’s a powerful indicator of how established financial entities are strategically integrating cryptocurrencies into their portfolios. Let’s delve into
VitaminAi, a prominent marketplace for AI Agents, has commenced a new collaboration with Optopia, a cutting-edge L2 blockchain for AI applications. The partnership intends to enhance AI-led blockchain solutions. The platform took to its official social media account to disclose the details of this development. 🚀 Thrilled to announce a strategic partnership between VitaminAi and
Circle CEO Jeremy Allaire has a bold outlook for stablecoins, predicting that they could power the future of intra and inter-border transactions. Allaire made these claims in a recent interview on CNBC’s Money Movers. He highlighted the growing adoption of stablecoins and how Circle positions itself as a pioneer in offering transactional services to retail
The world of digital currencies is constantly evolving, with stablecoins often touted as the bridge between volatile cryptocurrencies and traditional fiat. However, a fascinating and crucial perspective has emerged from China, challenging the universal necessity of these digital assets. China International Capital Corporation (CICC), a leading investment bank, has unveiled its findings, suggesting that independent