The United States is preparing to impose a 25% tariff on most Brazilian imports after naming the country’s Pix instant-payment system among trade practices it considers unfair. Summary Trump’s new tariff action names Pix as dollar stablecoins dominate Brazil’s fast-growing digital asset market. Pix serves Brazil’s domestic payments while stablecoins increasingly carry dollar value across
BNB Chain has become the largest blockchain for assets tracked under Franklin Templeton’s Benji tokenization platform, with about $1.5 billion recorded on the network. Summary BNB Chain now hosts $1.5 billion of Franklin Templeton Benji platform assets, leading all networks. RWA.xyz data shows BNB Chain holds 61.71%, while Stellar has fallen to second place overall.
If BTC is to mimic its previous surge, it would rise above $500,000. Bitcoin has managed to recover some ground from the early July drop to a multi-year low and now fights for $65,000. On the more macro scale, though, the asset has flashed a signal that preceded one of the most impressive rallies
Robinhood CEO Vlad Tenev has defended trading against claims that it should be treated as gambling as the brokerage takes on a role in the U.S. Summary Robinhood is helping operate Trump Accounts as it seeks deeper ties with younger American investors. Tenev rejects labeling all trading as gambling, arguing speculation remains necessary for functioning
The network that moves the world’s money spent 9 months building a blockchain, and the most important decision it made was what not to put on it. No stablecoins. No public tokens. Just bank deposits, wearing a new coat. Summary On July 9, SWIFT launched a blockchain-based shared ledger with 17 major banks, including Citi,
There is $1.6 trillion in Bitcoin sitting idle, earning nothing, doing nothing. Charles Hoskinson has a plan to put it to work on Cardano, and the plan quietly requires every transaction to burn a little ADA. Whether that saves Cardano or exposes its central problem is the whole question. Summary Cardano founder Charles Hoskinson has
Robinhood Chain launched, filled with memecoins, briefly ranked third among DEXs, and the “Solana killer” talk started immediately. Then you look at the actual numbers. Solana has 27 times the value locked and 2 million more users. This is not a flippening. It is a fair fight over the wrong metric. Summary Robinhood Chain launched
Institutional adoption may be a big opportunity, but a16z said that it is not simply an extension of DeFi. TradFi institutions are adopting blockchain to improve their existing operations, not because they have embraced decentralization, venture capital firm a16z said in its latest report. The technology helps lower operating costs, speed up settlement, expand
Ethereum’s best marketing line was that using it destroyed it, that every transaction burned ETH and shrank the supply. Then the network solved its scaling problem, activity fled to layer 2s, and the burn collapsed. The scaling worked. The scarcity did not survive it. Summary Ethereum’s “ultrasound money” thesis held that EIP-1559 fee burning would
With Strategy’s cash reserve now at $3 billion, founder Michael Saylor has named corporate adoption as a necessary condition for Bitcoin to become a global currency network. Summary Michael Saylor says corporate adoption is essential for Bitcoin to become a global currency network. Strategy’s $3 billion cash reserve has helped ease concerns about forced Bitcoin