According to CryptoProwl, on June 3, payment card giant Visa and Mastercard are set to jointly launch a new stablecoin platform. Global payments network Stripe and U.S. crypto exchange Coinbase Global are also reported to be planning to participate; the platform’s specific operating model and the roles of each party have not been publicly disclosed at this time. Current stablecoin setups of each party Both companies’ confirmed moves in the stablecoin space: Mastercard: Earlier this year, it acqu

According to BusinessWire, SoFi Technologies launched its SoFiUSD stablecoin yesterday (June 3) within its mobile app, making it the first U.S. national bank to embed its own stablecoin directly in a banking application. The stablecoin is now available to approximately 14.7 million members for

Bitcoin (BTC) continues to weaken and fall, temporarily around $62,900. Bitmine follows Strategy’s financing model by issuing preferred shares with an annual dividend yield of 9.5%. In May, the number of monthly crypto VC deals dropped to about 50, the lowest level since before 2021. Macro Events & Crypto Market Hotspots 1、According to a CoinDesk report, Bitmine, an Ethereum treasury company owned by Tom Lee, is now emulating Strategy’s financing model by issuing preferred shares to seek new sou