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Visa and Mastercard Join $1 Billion Bet on Stripe-Backed OUSD

Stablecoin project open usd (OUSD) arrived on Wednesday with more than $1 billion in launch liquidity and a heavyweight cast that includes Coinbase, Mastercard, Shopify, Stripe, and Visa. The twist is in the economics: businesses can mint and redeem OUSD at par without fees or volume caps, while participating companies collect most of the income […] from Bitcoin News https://ift.tt/HtJ8fxl
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Cboe’s 25-Year S&P 500 Deal Puts Tokenized Options on the Table

Cboe and S&P Dow Jones Indices extended their exclusive S&P 500 options licensing agreement for 25 years, keeping Cboe’s SPX rights in place through 2051. The agreement also leaves room for the companies to explore products beyond traditional index derivatives, including tokenized options. No such product has been announced, but the language shared comes as […] from Bitcoin News https://ift.tt/RXvNJ4L
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Bitwise Launches NEAR ETF With 5% Yield and an AI Bet

Bitwise has launched a U.S.-listed NEAR ETF offering spot exposure to the token alongside staking rewards of roughly 5%. The fund gives traditional investors a new way to bet on the intersection of crypto infrastructure and the emerging AI-agent economy. Why Bitwise Is Bringing NEAR to Wall Street Bitwise is taking the AI-meets-crypto trade to […] from Bitcoin News https://ift.tt/E0a5BQN
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Zano Network Stabilizes After 30-Day Blockchain Rewind

The Zano team announced on Tuesday that a hot fix has been applied and the “network is stable on the updated chain” following the inflation bug that occurred last Friday. The latest update explains that third-party providers need to update their nodes to the updated chain before processing ZANO and Zano-issued asset transfers. Zano Team […] from Bitcoin News https://ift.tt/mzqVfJO
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Binance Sees 13,800 BTC Exit in a Day as Bitcoin Price Holds Above $83K

Binance recorded more than 13,800 BTC in net outflows on Sept. 22, its largest single-day withdrawal since 2023, while exchange reserves fell by roughly 20,000 BTC over four days. Binance Loses 20,000 BTC in Four Days Bitcoin is leaving Binance at a pace not seen in years. More than 13,800 BTC—about $1.15 billion worth at […] from Bitcoin News https://ift.tt/iTe48XM
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Banking Giant Citi Taps Coinbase to Turn Stablecoins Into Cash

Citigroup is teaming up with Coinbase to let corporate clients accept stablecoin payments without having to handle the tokens themselves. Coinbase will provide the blockchain infrastructure, while Citi converts incoming payments into traditional currency and handles settlement, according to a report from the Wall Street Journal. The arrangement builds on a partnership announced in October […] from Bitcoin News https://ift.tt/moHC5sS
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California Bans Officials’ Memecoins After TRUMP Buyers Lost $3.8B

California’s new memecoin law targets conflicts of interest after President Donald Trump’s token generated substantial proceeds for him while many buyers lost money. Governor Gavin Newsom also signed a separate measure addressing crypto fraud and victim recovery. What California’s Memecoin Ban Covers California state and local public officers will be barred from issuing memecoins starting […] from Bitcoin News https://ift.tt/gtkb4dS
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