Key Takeaways Over $760 million in assets were bridged onto Solana from other blockchains in September. Significant inflows were observed from Ethereum, EVM-compatible chains, and Tron, enabled by cross-chain protocols like deBridge. Solana recorded over $760 million in assets bridged from other blockchain networks during September, highlighting growing cross-chain activity on the platform. The significant
Circle (CRCL), the crypto company known for its USDC stablecoin, introduced on Wednesday its tokenized U.S. Treasury fund offering to Solana, expanding its footprint to the blockchain known for low-cost transactions and fast settlement times. The move expands the USYC token beyond Ethereum, Near, Base and Canton networks and the planned addition of BNB Chain.
Following the US budget crisis that has been talked about for days, the US federal government has officially shut down. As fiscal year 2025 draws to a close, no agreement has been reached on a budget to fund the federal government. As a result, the US federal government went into shutdown (temporary work stoppage) on
Deutsche Börse Market Data Services, a division of Deutsche Börse Group, one of Germany’s largest stock exchanges, has partnered with leading oracle platform Chainlink (LINK) to bring multi-asset market data to the chain. With this partnership, Deutsche Börse Market Data + Services now streams real-time, multi-asset market data from Europe’s leading trading platforms Eurex, Xetra,
Crypto markets are off to a positive start in what in the past has been their strongest quarter of the year, with bitcoin BTC$117,478.56 rising nearly 4% over the past 24 hours to $117,400. Already higher overnight, crypto prices rose further early in the U.S. session as fresh economic data suggested September’s Federal Reserve rate
Key Takeaways Bank of England Governor Andrew Bailey stated that stablecoins could change how the financial system operates, particularly in lending models. Stablecoins may reduce traditional banks’ reliance on deposit-based lending. Bank of England Governor Andrew Bailey suggested today that stablecoins, digital assets pegged to fiat currencies, could alter the financial system by disrupting traditional
Stablecoin transfers surged to a record $15.6 trillion in the third quarter of 2025, with much of the activity linked to automated trading bots, according to new research from crypto exchange CEX.io. On Wednesday, CEX.io’s market research analyst Illya Otychenko dubbed the third quarter of 2025 the “most active period” for stablecoins. During the quarter,
The current crypto bull market has been powered by a combination of macro demand for scarce digital assets and growing regulatory clarity, two forces that are expected to continue to shape investor focus in the final quarter of 2025, asset manager Grayscale said in a report Wednesday. According to Grayscale, the Federal Reserve’s decision to
The budget crisis in the USA remained unresolved and the US government officially shut down after 7 years. As a result, the publication of key economic indicators such as employment and Gross Domestic Product (GDP) data will be suspended and hundreds of thousands of federal employees will be furloughed. As uncertainty grows in the US
While treasury strategies for altcoins other than Bitcoin (BTC) and Ethereum (ETH) have become widespread, one of these altcoins has undoubtedly been Solana (SOL). While many companies have announced billions of dollars worth of acquisitions for Solana, the latest news came from a company called Visionsys AI. Nasdaq-listed Visionsys AI (VSA) plans to acquire Solana