Treasury Secretary Scott Bessent has formally asked Congress to delete a controversial provision buried in President Donald Trump’s newest budget plan. The section, known as Section 899, would’ve allowed the US to slam companies and investors from other countries with additional taxes, specifically if those countries imposed harsh tax policies under international agreements. Scott said on Thursday that the rule no longer made sense because parts of the OECD’s Pillar 2 tax regime won’t apply to US companies anymore. According to reporting from the Financial Times, Scott posted on X that the Treasury had requested lawmakers in both the House and Senate to remove the section from the “Big, Beautiful Budget.” The provision was originally designed to hit back at countries using the OECD’s global minimum tax rules to go after US multinationals. Trump signed onto the bill with the rule intact, but the economic and political climate has changed. Scott said the US had reached an understanding with G7 countries after “months of productive dialogue,” making the retaliation part of the bill unnecessary. Treasury walks away from Pillar 2 enforcement Pillar 2 was part of a 2021 deal agreed under former President Joe Biden, meant to enforce a 15% global minimum corporate tax rate. That deal gave countries the power to collect extra taxes if multinational firms weren’t paying enough at home. But now the US says those rules won’t apply to American companies anymore, meaning other countries won’t be able to collect taxes from them under Pillar 2. That’s what made Scott come out and push for the removal of Section 899. The tax had raised alarms in the financial sector. Major banks and investors warned it would drag down corporate investment and cause money to flow out of the US Some even said it could make the US a less attractive place for foreign capital. The Treasury Department had tried to narrow the damage by excluding interest on US Treasury securities from the scope, but the provision still applied to dividends, rent, and royalties, which industry groups said would wreck passive investment flows. Even within Trump’s own party, some Republicans in the House weren’t sold on the tax. They said on Wednesday that Section 899 was too risky and hinted that it might be taken out of the final bill. Scott’s announcement gave them the cover they needed to go public. Right now, the GOP wants to get the bill passed before July 4, which is when Trump wants to sign the law to mark Independence Day with a legislative win. Wall Street lobbies hard against the tax The financial industry didn’t stay quiet. They made it known that they hated the plan. Wall Street firms warned that adding this kind of penalty on foreign investors would backfire. The US already saw a drop in demand for government debt earlier this year, and investors blamed Trump’s plan to slap tariffs on nearly every major trade partner. That dip created serious concern, especially since the Treasury would need to issue a ton of bonds to pay for the spending in the budget bill. The threat of Section 899 just added fuel to that fire. Business groups feared the extra tax would discourage foreign direct investment and make investors steer clear of US markets altogether. One of the most vocal critics was Jonathan Samford, CEO of the Global Business Alliance, who said: “This is what leadership looks like. Choosing economic strength over squandered opportunity, investment over isolation, and American workers over misguided tax hikes.” The political shift came fast. Once Scott made the Treasury’s position public, the path to removing Section 899 got clearer. The House GOP moved quickly to prepare for a final vote on the broader budget package, which also includes an extension of Trump’s 2017 individual tax cuts and new tax breaks meant to appeal to middle-income Americans heading into the 2026 election season. The unfinished parts of the OECD deal—including the idea of replacing digital services taxes with new rules on profit-sharing across countries—no longer appear to be a concern for the administration. With the G7 on board and foreign tax enforcement no longer a threat to US firms, the retaliatory move lost its reason to exist. In Scott’s words, the new understanding with the G7 “provides greater certainty and stability for the global economy” and will “enhance growth and investment in the United States and beyond.” His message was clear: the US doesn’t need a revenge tax when it’s already negotiated its way out of the fight. Now it’s on Congress to act before foreign investors pull back even more. KEY Difference Wire helps crypto brands break through and dominate headlines fast
Japan's biggest publicly traded Bitcoin treasury company now holds 12,345 BTC, following its latest purchase of 1,234 BTC.
A court in the Russian region of Rostov has recognized P2P (peer-to-peer) transactions for the purchase and sale of cryptocurrency as constituting business activity that should be taxed accordingly. A crypto trader has been fined as a result of the ruling, which may have implications for many ordinary Russians who prefer this method of exchanging crypto and fiat amid limited options to trade legally. Court finds peer-to-to peer crypto transactions taxable The Arbitration Court of the Rostov Oblast in Russia has concluded that a Russian citizen who traded cryptocurrency on a peer-to-peer basis was actually doing business, local crypto media unveiled, citing court documents. The man involved in the case, Dmitry Nikityuk, has been registered as an individual entrepreneur since 2020 and declared 800,000 rubles ($10,000) of income from that activity on his 2022 return, Forklog reported on Thursday. However, the Federal Tax Service ( FNS ) checked his bank statements and found that a total of 143 million rubles ($1.8 million) passed through his accounts during the same period, 92.5 million of which it deemed taxable. The tax authority alleged that the buying and selling of cryptocurrency was actually part of the entrepreneurial activities of the sole proprietor. It estimated he owes an additional 5.46 million rubles in taxes and fined him 273,000 rubles for his inaccurate reporting. Nikityuk insisted he was trading the digital coins as a private individual and declared the profits as personal income. Unhappy with the FNS decision to reject his claim, he eventually took the matter to the judiciary. Russian entrepreneur resells Tether bought in Turkey The court established that the plaintiff had regularly purchased cryptocurrency through foreign accounts, including in Turkey , and sold it to Russian residents who credited the rubles they paid with to different bank accounts. Third parties participated in these transactions, and more than 90 accounts were involved in the trade, the business news outlet RBC noted. Nikityuk was primarily reselling tether (USDT), the U.S. dollar-pegged stablecoin that fuels a lot of the global crypto trade. The Arbitration court concluded that the scheme bears the signs of a “systematic profit-making” and that the profits should be taxed under applicable tax rules. It also said that the involvement of other parties, the mass nature of the transactions, the short-term ownership of the assets, and the desire to generate income point to a business activity. The judges rejected Nikityuk’s claim against the Russian tax authority , upholding its decision to charge him an additional amount of due tax and fine him for understating his income base. Court ruling to have wider implications Buying and selling cryptocurrency alone does not make a person an entrepreneur, if these transactions were carried for personal purposes, Andrey Tugarin, founder of the Russian law firm GMT Legal, told RBC Crypto. Three conditions must be met simultaneously to recognize an activity as entrepreneurial – independence, risk and systematicity. The latter, the lawyer noted, is the key criterion. It also helps if the entrepreneur had the goal of making money, he added. “If you have become an individual entrepreneur, then the tax office has the right to recognize all your transactions on personal accounts as entrepreneurial if they are systematic and aimed at making a profit,” said Ignat Likhunov, founder of the Cartesius legal agency, who commented the case for Forklog. The decision of the arbitration court is now applicable not only to private traders, but to all participants in the crypto industry in general as well, including any exchange platforms, Likhunov emphasized. Tax arrears or illegal entrepreneurial activity can be detected in their operations, he is convinced. Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More
Edoardo Farina, a well-known supporter of XRP and Head of Social Adoption at XRP Healthcare, recently made a strong statement reinforcing his long-term confidence in the digital asset. According to Farina, there is no conceivable global or financial crisis, no matter how severe, that would compel him to sell any portion of his XRP holdings for less than $100 per token. Despite XRP struggling to hold above $2, Farina continues to promote a mindset of long-term accumulation within the XRP community. His comments are intended to strengthen the commitment of other investors who may be discouraged by market volatility. Unshaken by Global Disasters or Market Crashes In a recent statement , Farina outlined a list of hypothetical catastrophes, including global warfare, widespread economic collapse, artificial intelligence revolts, and even highly improbable scenarios such as a zombie outbreak or extraterrestrial invasion. He stressed that even under these extreme conditions, he would not sell his XRP unless the price surpasses the $100 mark. I'M NOT SELLING $XRP !!!!! World War III, alien invasion, atomic bomb, financial collapse, AI takeover, zombie apocalypse, NOTHING will shake me out. The Blackrocks and market manipulators can already give up. They ain't getting 0.1 XRP below $100! — EDO FARINA 🅧 XRP (@edward_farina) June 24, 2025 This declaration follows recent geopolitical tensions that triggered notable market fluctuations. After the U.S. launched strikes on Iranian nuclear sites amid the Israel-Iran conflict, markets experienced a temporary downturn. During this period, Bitcoin briefly dropped below $100,000, while XRP fell below $2. The crypto market has since shown signs of recovery. According to Farina, such events only serve to reinforce his strategy. He believes that long-term value will ultimately prevail over short-term disruptions. His refusal to liquidate XRP holdings under pressure reflects his conviction that temporary shocks should not dictate investor behavior. Outlook on XRP Reaching $100 Farina has consistently expressed the belief that XRP is undervalued and possesses the potential to rise to $100 per coin . This target represents a projected increase of over 4,500% from its current value of approximately $2.19. He previously argued in March that, under fair market conditions, XRP should already be trading well above this benchmark. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Other market analysts have raised similar projections. The Modern Investor recently described XRP’s current price as evidence that the asset is still in an early phase of market recognition. Likewise, analyst BarriC stated last month that XRP could potentially hit $100 before the close of 2025. Strategic Holding and Long-Term Goals Farina has not disclosed the exact number of XRP tokens he holds. However, he frequently advises fellow investors to aim for a minimum of 10,000 XRP as part of a serious long-term investment strategy. At current prices, this would amount to roughly $21,900. If XRP were to reach $100, such a holding would be valued at $1 million, supporting the rationale behind his firm stance against selling prematurely. Edoardo Farina’s declaration reflects a broader sentiment among XRP supporters who remain optimistic despite market turbulence and skepticism. His position is built on a belief in XRP’s long-term growth potential and his commitment to strategic holding, even in the face of extreme global events. While his outlook may seem aggressive to some, it underscores the deep conviction shared by many within the community. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Crypto Founder Hints on Optimal XRP Sell Point appeared first on Times Tabloid .
As crypto markets shift entering the second half of 2025, legacy altcoins like Dogecoin, Cardano, and XRP are battling through key inflection points. Analysts are watching closely—but while these familiar names grab headlines, MAGACOIN FINANCE is quietly becoming the story insiders can’t ignore . Dogecoin: Momentum Building Behind the Meme Dogecoin continues to demonstrate surprising resilience. After a period of volatility, it’s now consolidating within a key technical formation. Bullish chart patterns and renewed whale interest are fueling speculation that DOGE could be on the verge of a major breakout. With the broader meme coin space gaining traction again—especially as ETF discussions re-enter the spotlight—market sentiment is cautiously optimistic. Even Elon Musk’s recent clarification on DOGE’s non-affiliation with a government agency failed to shake community confidence. Instead, insiders note how quickly the token recovered, showing just how much strength remains under the surface. Cardano: Ecosystem Upgrade Signals Long-Term Growth Cardano’s recent hard fork has transformed its governance structure, ushering in a new era of decentralized decision-making . While short-term sentiment remains mixed, technical analysts see potential for a reversal if key resistance levels are reclaimed. But beyond the charts, it’s Cardano’s strategic ecosystem expansion—including cross-chain DeFi initiatives and diversification of treasury assets—that’s catching attention. With analysts highlighting the project’s long-term potential, smart money is watching how ADA positions itself as a tech-forward contender in the next market cycle. XRP: Legal Drama, Technical Progress XRP continues to be shaped by the high-stakes legal battle between Ripple and the SEC. A recent court rejection of a proposed settlement added short-term pressure, but behind the scenes, the XRP Ledger is pushing forward with major upgrades . The rollout of version 2.5.0 introduces enhanced features aimed at institutional use cases—from permissioned DEXs to token escrows. Analysts say the network’s commitment to compliance and innovation is drawing serious attention from forward-thinking investors. And while legal uncertainty remains, many view the current state as a transitional phase before a larger resurgence. MAGACOIN FINANCE: The Altcoin Analysts Are Watching As older tokens grapple with resistance, regulation, and ecosystem overhauls, MAGACOIN FINANCE is gaining momentum in analyst discussions . Crypto insiders are already in—and momentum continues to accelerate. What sets MAGACOIN FINANCE apart is its aggressive brand presence, relentless energy, and early traction across trading circles. Analysts are forecasting a breakout . Every trendline, headline, and whisper in the altcoin space points to MAGACOIN FINANCE as a top contender for 2025 . Now is the window that smart money is acting on. To learn more about MAGACOIN FINANCE, visit: Website: https://magacoinfinance.com Exclusive Access: https://magacoinfinance.com/entry Continue Reading: Will Dogecoin, Cardano, and XRP Trigger the Next Altcoin Boom in June 2025 and Beyond?
Avalanche made headlines during its rise to prominence, positioning itself as a fast, scalable blockchain solution with massive return potential. Now, Ruvi AI (RUVI) is capturing similar attention, with analysts forecasting an astonishing 13,900% ROI before 2026 . This AI-powered blockchain token is built on utility, combines cutting-edge technology with real-world applications, and continues to attract investors searching for the next big opportunity. Why Analysts Compare Ruvi AI to Avalanche Avalanche succeeded because of its focus on speed, scalability, and innovation. Ruvi AI mirrors these principles but adds a unique edge through the integration of artificial intelligence (AI) . By combining AI with blockchain, Ruvi AI creates practical tools for industries like marketing , entertainment , and finance . Businesses use Ruvi AI to optimize ad campaigns, improve targeting, and deliver better results for their clients. Content creators benefit from blockchain-secured payments backed by AI insights to improve user engagement. Financial institutions turn to Ruvi AI for fraud prevention, transaction transparency, and process scalability. This utility-driven approach ensures demand for RUVI tokens is based on real-world applications, not speculative hype. The result is a token that holds value through practicality , ensuring consistent growth and relevance. Growth Trajectory Signals Incredible ROI Ruvi AI’s structured growth strategy sets it apart from many cryptocurrency projects. Currently in its Phase 2 presale , RUVI tokens are priced at an affordable $0.015 each , providing a low entry point for early adopters. When the presale ends, investors can expect an immediate jump to $0.07 per token , delivering a near 5x ROI . Looking past the presale, analysts project Ruvi AI’s valuation could reach $1 per token after listing, equating to an incredible 66x return . Combined with its early success, these factors highlight Ruvi AI as a standout investment opportunity in 2025 and beyond, echoing Avalanche’s impressive initial surge. Early Milestones Build Momentum The success of Ruvi AI’s presale has been extraordinary, reflecting strong market confidence in its potential. Key milestones include: Raising $2 million , showcasing robust investor demand. Selling over 165 million tokens , a testament to growing interest. Attracting a rapidly expanding base of more than 1,600 holders , further proving its widespread appeal. This early momentum gives Ruvi AI the foundation it needs to deliver its ambitious ROI targets while continuing to capture the attention of investors around the world. Maximize Returns With VIP Investment Tiers Ruvi AI offers a range of VIP investment tiers , allowing early supporters to maximize their gains with bonus tokens. Here’s a closer look at how the tiers work: VIP Tier 2 ($750 investment, 40% bonus): Total tokens received: 70,000 (50,000 base + 20,000 bonus). Value at $0.07 per token: $4,900. Value at $1 per token: $70,000. VIP Tier 3 ($2,100 investment, 60% bonus): Total tokens received: 224,000 (140,000 base + 84,000 bonus). Value at $0.07 per token: $15,680. Value at $1 per token: $224,000. VIP Tier 5 ($9,600 investment, 100% bonus): Total tokens received: 1,280,000 (double the allocation). Value at $0.07 per token: $89,600. Value at $1 per token: $1,280,000. These VIP tiers provide an unparalleled opportunity for investors to lock in returns while supporting Ruvi AI during its early stages of growth. Security and Transparency Stand Out Many cryptocurrency investors are cautious about new projects, but Ruvi AI has taken significant steps to instill confidence. The platform has completed a third-party audit by CyberScope , confirming the security and functionality of its smart contracts. On top of that, Ruvi AI has partnered with WEEX Exchange , a move that guarantees post-presale liquidity and ensures RUVI tokens are easily tradable once the presale concludes. These elements demonstrate Ruvi AI’s commitment to creating a safe, transparent, and investor-friendly ecosystem . Real-World Applications Ensure Longevity Another element that sets Ruvi AI apart is its practicality and versatility . By addressing challenges across multiple industries, Ruvi AI ensures that its relevance continues to grow: Marketing: Offers AI-driven tools that improve ad targeting and campaign outcomes. Entertainment: Helps creators engage audiences and secure payments with blockchain-backed tools. Finance: Provides scalable transaction solutions, fraud prevention systems, and full operational transparency. These real-world applications ensure Ruvi AI’s consistent demand, establishing it as more than just another cryptocurrency. Why Ruvi AI Is Set for 13,900% ROI With its focus on utility, transparency, and long-term scalability , Ruvi AI is uniquely positioned to deliver exceptional growth. Starting at just $0.015 per token and moving to $0.07 after the presale , the opportunity for substantial returns is clear. The predicted valuation of $1 per token post-listing means early investors could benefit from a 66x ROI , and extended forecasts point to even larger gains approaching 13,900% by 2026 . Ruvi AI’s impressive presale achievements, including $2 million raised and over 165 million tokens sold , coupled with partnerships with CyberScope and WEEX Exchange , create a foundation for long-term success. Learn More Buy RUVI: https://presale.ruvi.io Website: https://ruvi.io Whitepaper: https://docs.ruvi.io Telegram: https://t.me/ruviofficial Twitter/X: https://x.com/RuviAI Try RUVI AI: https://web.ruvi.io/register Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. The post Ruvi AI (RUVI) Echoes Early Avalanche (AVAX) Moves, Experts Predict Over 13,900% ROI Before 2026 appeared first on Times Tabloid .
Can BTC explode to a new ATH and shun historical weak summer returns?
Over the past few years, Directed Acyclic Graph (DAG) chains have gained attention for their speed and scalability. Kaspa stands out with high throughput and rapid transaction finality. But even with these improvements, one thing remains missing: practical adoption. DAG networks have yet to connect their tech with global payments, DeFi, and mainstream usage. BlockDAG (BDAG) is stepping into this space. It uses a hybrid Proof-of-Work (PoW) plus DAG model, supports EVM tools, and is focused on real-world functionality. Rather than just speeding up transactions, BlockDAG is building a usable network for finance, remittance, and on-chain tools, bridging the gap that other DAG chains have left open. Why DAG Speed Alone Hasn’t Been Enough DAG chains like Kaspa have solved issues like slow confirmation and throughput limits. But most of these projects stop at core infrastructure. They rarely expand beyond the protocol layer. As a result, adoption stays small. BlockDAG is taking a different approach. It doesn’t rely only on DAG speed. Instead, it combines multiple missing features: Proof-of-Work for trustless security EVM compatibility for Ethereum-native app building A no-code dApp builder to open access Integrated DeFi tools: DEX, oracles, and cross-chain bridges This structure helps BlockDAG grow into a high-speed network that actually supports financial use, not just technical performance. How BlockDAG Plans to Power Real Financial Use BlockDAG’s roadmap outlines its plan to add finance-focused tools into its base layer. In Q4 2025, just two weeks ahead of listing, major modules will go live: A native DEX for seamless swaps Lending and borrowing tools Real-time oracles and on-chain indexers A bridge to other chains for liquidity These aren’t ideas for later. They’re ready for release before exchange trading starts. That’s key. Many Layer 1s delay real features until after launch. BlockDAG’s financial stack is part of its early release phase. Its long-term aim goes further. BlockDAG wants to be a DAG-based payment backbone for fast transactions, remittance, and DeFi trading. That’s what many scalable chains miss: how to turn speed into usefulness. PoW + DAG: A Practical Blueprint for Payments BlockDAG’s system blends DAG’s fast confirmations with PoW’s security, similar to what powers Bitcoin. The result is a network that can manage thousands of transactions every second while staying decentralized and secure. Most chains use validators to bundle transactions for efficiency. But bundling creates delays, something payments can’t afford. BlockDAG avoids this by confirming in parallel and anchoring it with PoW, removing both latency and trust issues. This setup supports: Decentralized crypto point-of-sale systems Live foreign exchange settlements Cross-border micro-payments Lightning-fast DEX trades These are not future dreams. If BlockDAG sticks to its plan, real users could be making these transactions by mid-2026. The Numbers Behind BlockDAG’s Growing Adoption So far, BlockDAG has secured over $323 million from its crypto presale and sold 23.3 billion BDAG coins. Over 2 million mobile users have joined its X1 mining app . Meanwhile, 18,170 ASIC miners have been purchased. X30 and X100 rigs ship starting July 7, and X10 follows on August 15. This is clear traction. The project is already powering its builder tools, DeFi roadmap, and high-speed chain with strong financial backing. Its pricing also shows market planning. Batch 29 now sells at $0.0276, showing a 2,660% gain from Batch 1. A temporary $0.0030 price still applies, ahead of its fixed listing at $0.05. For current entries, that’s 2,400% in projected returns. More Than Just Speed: A Financial Layer 1 in the Making DAG technology has given chains a performance edge, but few use it for actual financial tools. BlockDAG is doing both, layering DeFi features on top of scalable tech. Its testnet is live, presale is thriving, and its product suite is built to launch just before market entry. That timing is rare among new chains. If its plan plays out, BlockDAG could not only match Kaspa’s throughput but go further, becoming the first DAG-based Layer 1 to drive crypto payments, DEXs, and real-world financial use. Because speed alone doesn’t drive adoption. But the speed that powers real finance just might. Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu The post From DAG Speed to DeFi Power: BlockDAG’s $323M Roadmap to Real-World Crypto Finance appeared first on TheCoinrise.com .
Tokyo-listed Metaplanet Inc. has slipped past Tesla in the public-company Bitcoin league table after revealing a fresh purchase of 1,234 BTC that lifts its treasury to 12,345 BTC. The move is set out in a filing dated 26 June 2025, in which the company “announces the acquisition of additional BTC as part of its ongoing Bitcoin Treasury Operations,” adding that the latest tranche was acquired at an average ¥15.62 million per coin for an aggregate ¥19.27 billion outlay. The disclosure places the group’s cumulative cost basis at ¥175.68 billion, or roughly $1.11 billion at current exchange rates. Metaplanet Surpasses Tesla In Bitcoin Ranking Using BitcoinTreasuries.net’s spot price of about $107,400, Metaplanet’s stack is now valued near $1.33 billion, slotting the company into seventh place on the site’s real-time ranking of publicly traded holders. Ahead of it sit CleanSpark (12,502 BTC), Galaxy Digital (12,830 BTC), Riot Platforms (19,225 BTC), XXI (37,230 BTC), Marathon Digital (49,678 BTC) and the sector’s runaway leader MicroStrategy (592,345 BTC). Tesla, whose last reported balance stands at 11,509 BTC, falls to eighth. Metaplanet’s accumulation curve has been steep. The treasury held 398 BTC on 30 September 2024, 1,762 BTC at year-end, 4,046 BTC on 31 March 2025 and 10,000 BTC by mid-June; yesterday’s purchase pushes the figure still higher. Crucially, the company has sketched far more ambitious horizons: in recent investor materials it reiterated an “ objective to accumulate up to 210,000 BTC—around one per cent of the maximum supply—by the end of 2027,” implying the need to add more than 200,000 BTC over the next 30 months. Financing remains aggressive. Since January the firm has issued a rolling series of zero-coupon yen- and dollar-denominated bonds as well as 0 %-discount “moving-strike” warrants, repeatedly redeeming each tranche early with proceeds from the next. This revolving-door structure, dubbed the “210 Million Plan,” has already recycled more than ¥35 billion into spot Bitcoin while limiting interest expense. Management highlights a treasury metric it calls “BTC Yield,” defined as the percentage change in BTC per fully diluted share outstanding; on a quarter-to-date basis the yield has reached 112.2 percent. “By isolating the impact of dilution, BTC Gain highlights the net Bitcoin accretion driven purely by the Company’s Bitcoin Treasury Operations,” the latest document states. Tesla, meanwhile, has not bought Bitcoin since February 2021. Tesla’s balance has been frozen since it liquidated roughly 75% of its initial $1.5 billion position in the second quarter of 2022. For Metaplanet, overtaking Tesla is more than a symbolic milestone. At 12,345 BTC the company now holds a little over 0.058 percent of Bitcoin’s 21 million-coin supply—fractionally ahead of Tesla’s 0.054 percent—and is the first Asia-based issuer to break into the top seven. At press time, BTC traded at $107,180.
Wall Street is quietly betting big on stablecoins, not as a crypto side hustle but as a full-blown replacement for bank wires and card networks. Today, Circle, which went public on the New York Stock Exchange earlier this month, saw its shares jump almost 8%, recovering from a brief dip. The stock has now surged over 600% since its IPO. That price action is coming at a time when big financial firms are laying new tracks to run global payments through stablecoins instead of traditional banks. The excitement around Circle didn’t happen in a vacuum. Bitcoin and ether have both been climbing this week, pushed higher by hopes of lower interest rates, a calmer stance from President Trump’s White House on tariffs, and a temporary breather in Middle East conflicts. But for investors chasing Circle and the stablecoin market, it’s not just about riding the crypto wave. It’s about ripping out the old money pipes and laying down a whole new system. Fiserv and Mastercard start connecting stablecoins to payments rails According to CNBC, Fiserv, a payments company with deep ties in banking, released a stablecoin earlier this week. Almost immediately after, Mastercard linked that coin into its existing payments network. It’s one of the clearest signs yet that old-school finance is loading up the backend for what they see as a trillion-dollar opportunity. Zach Abrams, the co-founder and CEO of Bridge, told CNBC’s MacKenzie Sigalos on Thursday’s “Crypto World” that stablecoins could grow into the trillions, calling them “an entirely new money-movement platform, like credit cards were decades ago.” He added, “Credit cards created trillions in value, and I think stablecoins will be the same.” Abrams says this transformation will unfold over years, not months, but it’s already happening behind the curtain. His company, Bridge, which just got bought by Stripe in a $1.1 billion deal, is already powering real transactions. ScaleAI, which recently received a $14 billion investment from Meta, uses Bridge to pay its global network of data labelers. SpaceX is also using Bridge to collect payments from Starlink customers in local currencies and convert them back to U.S. dollars. These are real-use cases, not test pilots. Traditional banks want in before the trillions show up Today, the $400 billion stablecoin market is controlled mostly by Tether and Circle, but that’s not the ceiling. Abrams said most major banks expect the market to reach a few trillion. That’s why he believes traditional players like JPMorgan Chase, Bank of America, and Fiserv will need to take a piece of the traffic. “It won’t get to a few trillion without a huge percentage being handled by traditional financial institutions,” Abrams said. What this means is clear: the banks that helped build the old system are now racing to rewire it before it’s fully out of their hands. And the tools they’re using are stablecoins, not wires, not ACH, not SWIFT. Meanwhile, Wall Street’s push into tokenization keeps expanding. Republic, an investment startup based in New York, announced this week that it will let users buy digital tokens representing shares in private companies like SpaceX, OpenAI, and Anthropic. The price of entry? Just $50. That’s a massive drop from the usual $10,000 minimum required for investing in these kinds of deals. It’s the kind of retail-access play that shows how far tokenization has already gone, and how much more Wall Street thinks it can extract from packaging real-world assets into tradable tokens. Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More