BITPRISMIA
Upcoming US interest rate cuts threaten the profits of stablecoin issuers Tether and Circle, with Circle potentially losing up to $618 million in annual revenue, prompting them to explore new business models like their new blockchain, Arc.
Tether has integrated Lightspark's Bitcoin Lightning infrastructure into its Wallet Development Kit (WDK), enabling instant, low-cost transactions for Bitcoin and USDT, and enhancing crypto wallet development.
The stablecoin market is experiencing significant growth, driven by increased inflows into USDT and USDC, and the passage of the GENIUS Act has played a key role in this expansion.
Transak raised $16 million in a funding round co-led by IDG Capital and Tether to expand its stablecoin payments infrastructure and enter new markets.
Rumble (RUM) plans to acquire Northern Data in an all-stock deal, combining their cloud computing and GPU operations to create a powerful new entity in the digital infrastructure space, supported by Tether's significant investment.
Rumble plans to acquire Tether-affiliated Northern Data, aiming to integrate its cloud computing and AI-focused operations, with Tether agreeing to swap its shares for Rumble stock and commit to multi-year GPU purchases.
Rumble plans to acquire Northern Data in a $1.165 billion stock-for-stock transaction, with Tether supporting the deal and becoming Rumble's largest Class A shareholder post-acquisition.
Commodity-backed cryptocurrencies, particularly gold-backed tokens, reached a 5-year minting record due to U.S. tariffs on Swiss gold exports, with minting volumes doubling previous records.
The content appears to be promotional material for the meme token Floppypepe ($FPPE), encouraging potential buyers to invest before it's too late.
Tether invests in Bit2Me, leading a $34M funding round to support the Spanish crypto exchange's expansion in Europe and Latin America, following Bit2Me's regulatory approval under MiCA.