Key Takeaways:
🔹ETH gets crushed (-13.57%) as BTC drops another 4.52%, mcap slides to $2.47T
🔹Stablecoin land grab accelerates: GEL₮, SoFiUSD, and fUSD all launch in the same week
🔹Saylor pauses BTC buying this week, opting to buy back debt instead
🔹Hyperliquid expands the empire with validator-driven outcome markets
🔹AI x DeFi gets real with Liquid's Co-Invest inside Claude and ChatGPT
Stay informed, Stay ahead:
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Narrative of the Week: Everyone Wants a Stablecoin
🔹Tether and the Government of Georgia launch GEL₮, an official sovereign stablecoin.
🔹Fintech firm SoFi launches SoFiUSD, with tokenized deposits planned next.
🔹Falcon Finance and Anchorage Digital Bank launch fUSD, a GENIUS-compliant stablecoin with a 3% target yield via Ceffu.
Every company and government seek to issue their own stablecoin to keep up with the global adoption of stablecoins as 24/7 global payment rails.
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