Dollar-backed stablecoins can push local currencies lower, Bank of Korea study finds
Buying pressure in Binance-paired currencies correlates with local currency depreciation as market makers balance positions.
Knowledge
Samsung is bringing stablecoins to 800 million phones in a massive crypto bet
“By doing so, Samsung Wallet becomes the foundation for an interconnected financial ecosystem across Galaxy devices and services — where it combines payments, rewards, and digital assets into a single unified experience,” he said. If it follows through, over 800 million would potentially have access… Read More
Legacy crypto on-ramps and bridges will disappear as payments become invisible, Fun CEO says
While those applications have become increasingly visible, the infrastructure that enables deposits, withdrawals and settlement has largely remained behind the scenes. Fun is one of the companies building that infrastructure. The firm said it powers 100% of deposits and withdrawals on Polymarket and deposit flows… Read More
Coinbase’s corporate customers can now accept payments from AI agents
“We are delivering that experience for the new online agentic economy,” Coelho-Prabhu said in an interview. “Agents, on one side of the transaction, will go and read the Coinbase developer docs, create a wallet for themselves, and are ready to shop. Then we empower businesses… Read More
Base creator Jesse Pollak pivots after admitting social strategy failed
Coinbase’s Jesse Pollak said he is stepping back from leading the Base app after acknowledging that his bet on an onchain social economy failed to drive crypto adoption as he had expected. The Base creator said he had spent the last two years betting that… Read More
Bitcoin holders can now participate in a BTC covered call income strategy on Binance
Binance has introduced a product for bitcoin BTC$63,010.92 holders looking to earn extra yield on their investment without selling any of it, joining the likes of BlackRock in helping them maximize returns. The product, BTC Yield, is available inside Binance Earn and is designed exclusively… Read More