Today
2025/06/15

The current mainstream CEX and DEX funding rates indicate that the market is gradually returning to neutrality.

BlockBeats News, on June 15, according to Coinglass data, the current mainstream CEX and DEX funding rates show that the market is gradually returning to neutrality. The specific funding rates of mainstream currencies are shown in the attached chart. BlockBeats Note: Funding rates are rates set by cryptocurrency trading platforms in order to maintain a balance between the contract price and the price of the underlying asset, and are usually applied to perpetual contracts. It is a fund exchange mechanism between long and short traders, and the trading platform does not charge this fee, which is used to adjust the cost or benefit of the trader holding the contract so that the contract price is close to the price of the underlying asset. When the funding rate is 0.01%, it represents the base rate. When the funding rate is greater than 0.01%, it means that the market is generally bullish. When the funding rate is less than 0.005%, it means that the market is generally bearish.
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Analyst: If BTC falls below the support level of $102,044, it may dip to the range of $82,570.

Golden Finance reports that crypto analyst Ali (@alicharts) posted an analysis on the X platform, indicating that based on the MVRV pricing range, if Bitcoin falls below the support level of $102,044 in the near term, it may retract to around the average range of $82,570.
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Echo Protocol co-founder: The X account that was previously hacked has now been restored.

Odaily News Echo Protocol co-founder JP | Echo stated on the X platform that in the past 24 hours, its team has collaborated with Aptos to recover the X account from the recent hacker attack and has now regained full control. All malicious links posted by the attacker have been swiftly removed, and no large-scale fund withdrawals have been observed during this time. A detailed public report outlining the incident, including the process of the X account theft, will be released subsequently.
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Iranian Foreign Minister: Iran is not prepared to accept any protocol that deprives it of its nuclear rights.

Jin10 data reported on June 15, local time, that Iranian Foreign Minister Amir-Abdollahian held the first press conference since the current round of Israel-Iran conflicts on the morning of June 15. Amir-Abdollahian stated at the press conference that Iran is not prepared to accept any protocol that deprives it of its nuclear rights. He revealed that the nuclear negotiations originally scheduled with the United States on the 15th could have reached an agreement, but Israel refused to use diplomatic means to resolve the issue and rejected any nuclear protocol, with its attacks on Iranian nuclear facilities aimed at sabotaging the nuclear talks. Iran demands that the United States clarify its position and condemn Israel's bombing of civilian nuclear facilities.
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A huge explosion was heard in the southwestern Iranian city of Shiraz.

Jin10 data reported on June 15th that a huge explosion was heard this morning in Shiraz, a city in southwestern Iran. Reports indicate that multiple locations in the city have encountered a new round of attacks. The Israeli military has not yet responded to the relevant news.
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Jack Yi, the founder of LD Capital: Optimistic about ETH as a trend for investment and research, black swans are a normal phenomenon in finance.

Jack Yi, founder of LD Capital, expressed optimism about ETH on the X platform, stating that the current Black Swan Event is a normal phenomenon in finance. He expects that after the turmoil calms down, ETH is likely to rise to between $3000 and $4000, emphasizing the value of holding Spot.
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The Middle East conflict intensifies, regional stock markets fall.

On June 15, the Israeli stock market fell in the first day of trading after Israel launched an airstrike on Iran. Saudi benchmark stock indexes fell on heightened fears of a wider conflict in the region. The Tel Aviv Stock Exchange's 35 index opened 1.5% lower on Sunday, extending last week's 1.5% loss. All stock indexes on the Saudi Exchange fell 2.5 percent. Egypt's EGX 30 index fell 7.7%, its biggest drop in more than a year. These markets are closed on Friday. Israel and Iran exchanged bombardments into their third day. On Friday, when hostilities erupted, Israeli sheqel posted its biggest drop in 11 months, while oil prices soared 7%. The worsening conflict has also sent shockwaves through financial markets, prompting investors to flock to traditional safe-haven assets such as gold and the US dollar.
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The RWA protocol Spout will launch on the Pharos Testnet.

ChainCatcher news, the RWA protocol Spout announced that it will launch on the Testnet of the EVM Layer 1 Blockchain Pharos Network, aiming to bring real-world yields on-chain, issuing tokenized corporate bonds with built-in privacy protection.
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Analysts: BTC can still rise despite high government bond yields, indicating that it is gradually being viewed as a store of value.

Analyst Darkfost believes that when the US dollar index and government bond yields rise, capital tends to flee from risk assets, and Bitcoin usually experiences a pullback. However, Bitcoin is currently depegged from government bond yields and continues to pump, indicating a shift in its role as a store of value.
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Slerf collaborates with Ohfuck to launch the Slerf-themed Meme token issuance platform.

BlockBeats news, on June 15, the Meme project Slerf announced that the Slerf-themed Meme token issuance platform launched in collaboration with Ohfuck is now online. Ohfuck stated that no official tokens have been released yet, and the community should remain vigilant against fraud risks.
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The Israeli military issued evacuation warnings to personnel around Iran's nuclear reactor and weapons factories.

On June 15, Jin10 reported that on the 15th local time, an Israel Defense Forces spokesperson issued a warning, demanding that all personnel in the vicinity of Iranian nuclear reactors and weapons factories leave the area immediately.
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The Israel-Palestine conflict has affected the Middle Eastern stock markets, with the Israeli index falling 1.7% on its first day and Saudi Arabia dropping 3.6%.

ChainCatcher news, according to Jin10 reports, the Tel Aviv stock market in Israel fell 1.7% on the first trading day since the Israel-Iran mutual attacks began. The Saudi benchmark index fell 3.6% in the morning session.
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Iran holds the first press conference since the recent Israel-Iran conflict, emphasizing that its response to Israel is based on "self-defense."

Jin10 data June 15 news, local time on the morning of the 15th, Iranian Foreign Minister Zarif held the first press conference since the recent Iran-Israel conflict, emphasizing that Iran's response to Israel in the past few days was due to the need for "self-defense" and in accordance with international law. Zarif stated at the press conference that on the first day of carrying out retaliatory actions, Iran only targeted Israel's military facilities, and began targeting economic facilities, including the Haifa oil refinery, on the second day.
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24-hour Spot Capital Inflow/Outflow Rankings: ETH Net Outflow of 74.33 Million USD

According to Coinglass data, the crypto assets with the highest net inflows in the past 24 hours are LEO, HBAR, and XAUT, while ETH, BTC, and SOL have seen significant net outflows.
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Australian Prime Minister Albanese will meet with Trump during the G7 summit in Canada.

Jin10 data reported on June 15 that Australian Prime Minister Albanese stated he would meet with U.S. President Trump at the G7 summit in Canada to discuss the AUKUS defense agreement and tariffs. This will be the first face-to-face meeting between the two leaders. "We have indeed arranged a meeting. Obviously, the U.S. President is currently dealing with some issues, but I hope we can have constructive contact," Albanese said.
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Circle CEO: Stablecoins are about to welcome their "iPhone moment".

PANews June 15 news, Circle CEO Jeremy Allaire emphasized on the X platform that stablecoins are the most useful form of currency in history. "We have not yet reached the 'iPhone moment', when developers around the world will realize the power and opportunities of programmable digital money on the internet, just as they saw the unlocking of programmable mobile devices. It will come soon."
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Germany, France, and the United Kingdom proposed negotiations on Iran's nuclear program.

Golden Finance reported that German Foreign Minister Baerbock stated that Germany, France, and the UK are ready to hold talks with Iran immediately regarding Tehran's nuclear program to ease tensions in the Middle East. Baerbock, who is visiting the Middle East, said he is working to contribute to de-escalating the conflict between Israel and Iran, noting that Tehran has previously missed opportunities for constructive negotiations. "I hope this is still possible," Baerbock said. "Germany, France, and the UK are ready. We propose that Iran engage in negotiations regarding the nuclear program immediately, and I hope this proposal will be accepted." "This is also a key prerequisite for reaching a resolution to the conflict, namely that Iran does not pose a threat to the region, Israel, or Europe."
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The altcoin season index has dropped to 27, with FARTCOIN, SPX, HYPE, VIRTUAL, and PENDLE performing well over the past 90 days.

The altcoin season index has dropped from a recent high of 30 to 27, a decline compared to last week's average of 39. It has been on a downward trend since reaching an annual high of 87 in December 2024, with 27 tokens outperforming Bitcoin in the last 90 days. Notable performing altcoins include FARTCOIN, SPX, HYPE, etc.
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Analysis: The crypto market seems to have absorbed geopolitical tensions, and Bitcoin may retest historical highs.

Golden Finance reports that despite the escalation of geopolitical tensions following Israel's series of airstrikes on Iran, the Fear and Greed Index tracking the overall Crypto Assets market sentiment remains in the "Greed" zone, with Bitcoin approaching the historical high of $111,970 set on May 22. Analysts indicate that Bitcoin currently seems unconcerned about the conflict between Israel and Iran. Compared to the Iranian attack last April, the recent decline in Bitcoin's price is much smaller. Traders are confident that Bitcoin will remain above the psychological price level of $100,000, but according to CoinGlass data, a drop below this level could expose more than $1.74 billion in long positions to liquidation risks.
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BTC_USDT breaks through 106000 USDT

Gate News bot message, according to Gate market data, the BTC_USDT price has surpassed 106000 USDT, currently priced at 106000.5 USDT.
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The encryption startup TrueNorth raised $1 million in an Angel Round financing.

The AI-driven encryption startup TrueNorth raised $1 million in a strategic Angel Round funding, dedicated to building a personalized digital asset discovery platform, currently in a closed testing phase, utilizing autonomous agents to generate investment tips.
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ETH_USDT breaks through 2550 USDT

According to the Gate News bot, the Gate market shows that the ETH_USDT price has broken through 2550 USDT, currently priced at 2550.69 USDT.
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The Houthi armed group denies a collective assassination of its senior members.

Jin10 reported on June 15 that a senior official of the Houthi armed forces in Yemen confirmed to the reporter from the General Administration today (June 15) that the news regarding the collective assassination of senior Houthi officials is false, and that no attacks or explosions occurred last night.
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The Houthi armed group claimed to have used missiles to attack Tel Aviv, Israel, and hit the target.

On June 15, local time, Yemen's Houthi military spokesman Yahya Sareya issued a statement saying that in the past 24 hours, the Houthis used "Palestinian-2" hypersonic ballistic missiles to attack multiple targets in Tel Aviv, Israel, and successfully hit the targets. The Houthis also said that the operations were coordinated with the Iranian army and Iran's Islamic Revolutionary Guard Corps. The Israeli side did not respond to this for the time being.
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Air raid sirens sounded in northern Israel, and explosions were heard in multiple locations.

Golden Ten Data reported on June 15 that on the morning of the 15th local time, air defense sirens were sounded in many places in northern Israel. It is understood that after the air defense sirens were sounded, explosions sounded in many places in northern Israel. There is information that at least three drones entered the airspace of the relevant area. The IDF released information that it had successfully intercepted two drones.
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The first case of African swine fever has appeared in North Rhine-Westphalia, Germany.

On June 15, agricultural officials in North Rhine-Westphalia in western Germany confirmed on the 14th that the first case of African swine fever had appeared in the state, and the infected animal was a wild boar. The Friedrich Loeffler Institute, Germany's federal agency specializing in animal health, has confirmed that a wild boar carcass found by a hunter in Olper, in the Sauerland mountain region of North Rhine-Westphalia, contained the African swine fever virus, according to the German news agency dpa. African swine fever was originally endemic in Africa, and in recent years, it has spread to Asia, Europe and other places. North Rhine-Westphalia is the latest addition to the list, which first detected cases of African swine fever in Germany in 2020 in the eastern state of Brandenburg, and the virus has since spread to the states of Saxony, Hesse, Rhineland-Palatinate and Baden-Württemberg.
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Iranian President: If Israel continues to attack Iran, there will be no Iran-US negotiations.

According to Jinse Finance, during a phone call with French President Macron on the 14th local time, Iranian President Pezeshkian stated that as long as Israel continues to attack Iran, Iran will not resume negotiations with the United States. Pezeshkian emphasized during the call that Iran will not accept unreasonable demands and the double standards under pressure, nor will it sit at the negotiating table while Israel continues its attacks.
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Trump: The United States has nothing to do with the attack on Iran.

BlockBeats news, on June 15th, Trump posted on TruthSocial stating, "The United States has nothing to do with the attack on Iran tonight (local time Saturday). If we are attacked by Iran in any form, the United States Armed Forces will respond with unprecedented scale and effort. However, we can easily reach a protocol between Iran and Israel to end this bloody conflict."
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Musk: The "Starlink" satellite communication system has been activated and is now in use in Iran.

Golden Finance reports that Musk has stated that the "Starlink" satellite communication system has been activated and is now in use in Iran.
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Golden Finance reports that Glassnode stated on the X platform that although the current market capitalization of Bitcoin has risen significantly compared to the previous two cycles, the development trend of the current cycle has not changed due to the rise in market capitalization and continues to follow the growth trend of the previous two cycles. Data shows that from 2015 to 2018, Bitcoin rose by 1076%, from 2018 to 2022, it rose by 1007%, and from 2022 to now, it has risen by 656%. This trend indicates that the growth in market demand is synchronized with the mature development of Bitcoin, and it is also a sign that investors remain optimistic about Bitcoin.
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The Hyperliquid ecosystem faces the current demand for compliance and analytical tools.

According to the Gate News bot, @ThinkingUSD pointed out in a social media post that Hyperliquid is the most important asset of the past decade, and Financial Institutions have begun to recognize its value. The market has a strong demand for profitable encryption projects, but supply is insufficient. ZachXBT, a well-known blockchain investigator, responded that the Hyperliquid ecosystem lacks compliance and analysis tools, and the current Core and EVM on-chain tracking technology is insufficient to effectively locate individual theft. He mentioned the importance of analytics tools including Etherscan, Arkham, and bridge explorers, as well as professional compliance platforms such as TRM and Chainalysis Reactor. Source: Wu Says
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Sources: Israel's actions against Iran will continue for several weeks, with the tacit approval of the United States.

On June 15, White House and Israeli officials said that Israel's actions against Iran are expected to take "weeks, not days" and will be tacitly approved by the United States. An Israeli official said the Trump administration did not criticize the weeks-long timeline in private discussions. A White House official said the U.S. government was aware of and covertly supported Israel's plans. Asked how long the conflict would last, the official said it would depend on Iran's response. "The Trump administration firmly believes that this issue can be resolved by continuing negotiations with the United States," the official said. He added that the United States will not instruct Israel to take any action and will only protect itself.
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Sophon(SOPH) staking Mining will log in to Gate Launchpool, staking GT, BTC or SOPH can earn 2.4 million SOPH

Gate News bot news, according to the official announcement from Gate on May 28, 2025: Gate will launch the Sophon ( token mining event on Launchpool from May 29, 2025, 20:00 to June 8, 20:00 ) UTC+8. Users can stake GT, BTC, or SOPH to earn SOPH token rewards, with a total of 24,000,000 SOPH tokens to be distributed during the event. Sophon is a platform dedicated to monetizing user data through everyday consumer products and providing rewards, aimed at cultivating the next generation of cryptocurrency users. The platform focuses on developing practical blockchain applications to lower the barriers to traditional cryptocurrency usage. Rewards will be distributed to users' spot accounts every hour based on the proportion of their staked assets, with VIP5 and above users enjoying a maximum of 500% staking limit bonus. According to the announcement, Gate Labs did not participate in the investment of the Sophon (SOPH) project.
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Gate will launch CRT Project (CRT) spot trading and HODLer Airdrop.

Odaily News Gate will launch the CRT Project (CRT) spot trading on June 16 at 14:00 (UTC+8). The ongoing HODLer Airdrop event will end on June 16 at 10:00 (UTC+8), holding 1
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Consensys founder Lubin responds to frequent postings: The improving regulatory environment in the U.S. encourages more open discussions about ETH.

According to Wu Shu, Consensys founder Joseph Lubin responded to the community's questions about the frequent posting and discussion of ETH. Lubin said that the previous reduction in discussion of ETH was due to the advice of former SEC Chairman Gary Gensler to avoid public discussion as regulators are investigating Ethereum and the decentralized ecosystem. Lubin added that with the improvement of the regulatory environment in the United States, free speech has now resumed, stressing that he has always been outspoken. He welcomed the community's concerns with Ethereum, Consensys, and decentralized protocols to achieve a common solution to the problem.
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A Whale withdrew approximately $4.48 million of ENA from Bytbit 1 hour ago.

PANews, June 15th news, according to Onchain Lens monitoring, a Whale withdrew 15.15 million ENA from Bytbit one hour ago, worth approximately 4.48 million USD.
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The Iraqi airbase housing U.S. troops was attacked by drones, and no organization has claimed responsibility for the attack.

Jin10 data reported on June 15 that, according to Al Jazeera citing Associated Press news, three drones launched at the Al Asad Airbase in Anbar Province, where U.S. troops are stationed in western Iraq, were shot down. The report states that two anonymous U.S. officials revealed that no organization has claimed responsibility for the drone launches.
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a16z releases an analysis of 11 application scenarios integrating Crypto and AI

According to Foresight News, a16z, a well-known investment institution, released a summary of 11 application scenarios for the integration of cryptocurrencies and artificial intelligence. The application scenarios of this release involve multiple directions of blockchain technology in the field of AI, including: transferable AI context and identity system, trusted human identity verification, decentralized computing power network (DePIN), standardization of AI agent interaction protocol, synchronization of personalized programming environment, on-chain traceability and intellectual property registration, revenue sharing and advertising incentives based on smart contracts, paid web crawlers, and user-controlled AI companions. This analysis focuses on the application of Blockchain technology in addressing issues such as AI centralization, privacy, incentives, and identification, emphasizing the construction of an open, censorship-resistant, and user-led AI network ecosystem.
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Iran strikes central Israel, 3 dead and hundreds injured.

On June 15, Jin10 reported that the death toll from the missile attack on central Israel by Iran on June 15 at local time has risen to 3, with another 125 people injured, 5 of whom are in serious condition.
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The institutional stake platform Colossus Digital has completed a financing of 1 million euros, with SBI Ven Capital providing the funds.

Colossus Digital has secured a €1 million investment from SBI Ven Capital, which will be used to launch its institutional encryption platform that connects regulated custodians with validators for stake and governance.
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Germany's report on AML related to Crypto Assets reached a new high, with a year-on-year rise of 8.2%.

Gate News bot message, the annual report from the German Financial Intelligence Unit (FIU) shows that in 2023, the number of AML reports related to Crypto Assets in Germany reached 8,711, an increase of 8.2% compared to 8,049 reports the previous year. This figure accounts for 3.3% of all Suspicious Activity Reports (SAR) received by the FIU. The report indicates that Bitcoin holds a major share among all reports related to Crypto Assets, followed by Ethereum, XRP, Tether, and Litecoin. Source: Decrypt
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Indian media: Photos related to the downing of Israeli F-35 fighter jets may be AI-generated.

Golden Ten Data on June 15, the Indian Economic Times titled "F-35 Stealth Fighter Opportunity to Opponent? Iran claims to have captured Israeli pilot, along with reports of downed warplanes", although Iran's semi-official news media, including the Tasnim News Agency and the Islamic Republic of Iran News Agency, said that an Israeli F-35 fighter jet was shot down and a female pilot was captured in western Iran, the global defense community remained unconvinced. Israel categorically denies these reports. IDF spokesman Colonel Avichay Adraee said: "This information disseminated by the Iranian media is completely unfounded. "Fake Iranian media." Despite the weight of Iran's claims, no visual evidence has yet been released. The Iranian media did not publish footage of the pilot or the wreckage of the plane. At the same time, a widely shared picture of the wreckage of the F-35 remains unconfirmed, and military analysts believe it might
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Iraqi military spokesman: Refusal to violate Iraqi airspace

On June 15, Jin10 Data reported that on the evening of the 14th local time, the spokesperson for the Commander of the Iraqi Armed Forces, Sabah Nuaman, issued a statement saying that the Iraqi government firmly rejects any party infringing on Iraqi airspace and strongly opposes Israel's use of Iraqi airspace to launch military attacks against Iran or other neighboring countries. The statement emphasized that such actions are completely contrary to the Iraqi constitution, openly violate Iraq's sovereignty, contravene the fundamental principles of international law, and have a negative impact on the stability and peace of the region. The statement also urged the United States to take responsibility and prevent Israeli aircraft from crossing Iraqi airspace and launching attacks again. The Iraqi government pledged to maintain maximum restraint and hopes to create opportunities for peacefully resolving the crisis through diplomatic and political means.
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Israel requests the United States to join military actions against Iran.

Israel has requested the United States to participate in military actions against Iran to strike at its nuclear program, but the U.S. has not yet considered this option. Israel lacks the weapons needed to destroy key nuclear facilities, and the Trump administration has kept its distance from Israeli actions, concerned about U.S. involvement in war.
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Swyftx Chief Analyst: The possibility of a Bitcoin pullback of 75% is currently low.

ChainCatcher news, according to Cointelegraph, although veteran trader Peter Brandt suggested on X that Bitcoin might repeat the pattern of 2022 and pull back 75%, crypto assets analysts are skeptical about this. Swyftx chief analyst Pav Hundal stated: "Never say never; it just feels unlikely at the moment." In November 2021, Bitcoin reached an all-time high of $69,000, but dropped approximately 76% over the following 12 months, falling to around $16,195 by November 2022. The question raised by Brandt in his X post sparked widespread discussion in the community.
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The market capitalization of the Solana on-chain Meme coin aura has surpassed 240 million USD, setting a new historical high.

According to BlockBeats news on June 15, as per GMGN market data, the on-chain Meme coin aura on Solana has a market capitalization that surged to 240 million USD, reaching an all-time high, with a 24-hour rise of 30.76%. The current market capitalization is reported at 223 million USD, with a 24-hour trading volume of 24.1 million USD. BlockBeats reminds users that Meme coins generally have no practical use cases and exhibit significant price fluctuations, so investment should be approached with caution.
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El Salvador's cryptocurrency remittance inflows plummeted by 45% in the first quarter.

According to the Gate News bot, as reported by Bitcoin News, data from the Central Bank of El Salvador shows that remittances through the country's Crypto Assets channels fell by 45% in the first quarter of 2025 compared to the same period last year. Specific data indicates that the total amount of remittances flowing in through Crypto Assets channels in the first four months of 2025 was 16 million USD, a significant drop from 28.83 million USD in the same period last year. The data also shows that Crypto Assets remittances account for less than 1% of all forex remittances in the country.
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Trump warns of "possible threats to the United States"

Jin10 data, June 15 news, after praising the "brave performance" of American soldiers on battlefields around the world, U.S. President Trump issued a warning. He said, "America's enemies repeatedly realize that if you threaten the American people, our soldiers will come to deal with you." "You will surely fail. Your death will be final, and your destruction will be complete." "Because our soldiers never give up. They will never capitulate, and they will never stop halfway. They fight, fight, fight; they win, win, win."
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Trader AguilaTrades opens a $200 million Bitcoin Long Position with a leverage of 20x.

Gate News bot message, according to monitoring data from @EmberCN, trader AguilaTrades reestablished a Bitcoin long position this morning. He entered a position at a price of $104,976, establishing holdings of 1,894 BTC with 20x leverage, for a total position value of approximately $200 million. The liquidation price for this position is $97,265, and to date, he has gained approximately $910,000 in floating profit. It is worth noting that AguilaTrades opened a long position in Bitcoin on June 9 and closed it with a stop loss on June 13, resulting in a loss of 12.48 million dollars, and returned to the market after a two-day adjustment. Source: Wu Says
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FSB Chairman Klaas Knot: The correlation between the Crypto Assets market and the TradFi system is increasing.

Gate News bot message, the Financial Stability Board ( FSB ) is about to resign its chairman Klaas Knot, who issued a latest statement. According to CrowdfundInsider, Knot pointed out that stablecoin issuance institutions currently hold a large amount of US Treasury bonds, and the connection between the Crypto Assets market and the TradFi system is deepening. At the same time, the launch of Crypto Assets ETFs has lowered the participation threshold for retail investors. In response to this trend, Knot stated: "The crypto ecosystem is evolving, and the regulatory framework must adjust accordingly."
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AguilaTrades uses 20x leverage to Enter a Position worth 200 million USD in BTC long order.

Trader AguilaTrades has opened a Long Position in Bitcoin again, using 20x leverage, holding 1894 BTC, with a Position value of approximately 200 million USD, and current unrealized gains of 910,000 USD. Previously, due to a stop loss, he suffered a loss of 12.48 million USD and got on board again after a two-day break.
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The NFT trading volume in the past 7 days has risen by 37.1% compared to the previous period, with the Immutable network's trading volume pumping over 150%.

In the past week, the NFT market trading volume surged by 37.10% to $144.48 million, with the number of buyers rising by 50.56%. The Immutable network had the highest trading volume, reaching $41.7 million. The high-value transactions of the CryptoPunks series stood out.
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Circle CEO: Stablecoins are yet to迎来 "iPhone moment"

According to Gate News bot, Jeremy Allaire, co-founder and CEO of Circle, recently expressed the view that stablecoins are the most practical form of currency. He emphasized in the article that the stablecoin industry has not yet reached an important Node similar to the "iPhone moment." Allaire further elaborated that when the stablecoin industry reaches this stage, developers will gain the ability to operate a programmable digital dollar. He stated in the post that the development Node of this digital dollar is approaching.
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