You are currently viewing Huge Crypto News! Stablecoin Adoption Surges & China Hong Kong Stablecoin to compete with the U.S.

Huge Crypto News! Stablecoin Adoption Surges & China Hong Kong Stablecoin to compete with the U.S.

Crypto News:

  • Open USD takes on Tether, Circle with a different stablecoin model that’s building money.
  • Lloyds Banking Group and Visa completed a 7-day pilot settling $750,000 in USDC.
  • HSBC names its Hong Kong stablecoin HSBC RedCoin.
  • Cardano ADA tapped by Brazil’s state oil giant to track cleaner jet fuel and diesel.
  • Bloomberg brings onchain stablecoin data to its Terminal
  • Senate Republicans officially introduce crypto tax bill
  • Robinhood unveils an AI that trades your money 24/7, and you carry all the risk
  • Chainlink launches Fulcrum, a cross-chain collateral and financing platform connecting banks, asset managers and sovereign wealth funds to onchain markets, enabling 24/7 collateral mobilization and intraday financing across public and private blockchains.

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Timestamps

00:24 Open USD Stablecoin launch

02:44 Lloyds Banking Group and Visa USDC

04:00 HSBC Redcoin stablecoin

06:21 Bloomberg Terminal Stablecoin integration

08:52 Cardano Brazil state oil giant data tracking

11:43 Senate Crypto tax bill

13:18 Robinhood AI Agent trading

15:52 Chainlink launches Fulcrum


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