Today, Elon Musk’s xAI acquired X valued at $80B and $33B respectively. What does that mean for privacy? We broke it down.
This week, Paradigm published a top report on TradFi’s crypto adoption. You should read it.
Then: Marina Abramović launched her NFT collection. Cool. The real story? Stablecoins are going mainstream:
“The top five yield-bearing stablecoins — Ethena's USDe, Sky Dollar's USDS, BlackRock's BUIDL, Usual Protocol's USD0 and Ondo Finance's USDY— have seen rapid growth since the U.S. election in November, rising from around $4B to over $13B in combined market cap.”
— Nikolaos Panigirtzoglou, MD-Global Market Strategy, JP Morgan
Circle is working with SBI Holdings to bring USDC to market through Circle Japan KK.
Why it matters: Japan has clear stablecoin regulations and a strong Web3 ecosystem. With a dedicated local presence and major partners, Circle is positioning USDC as the go-to digital dollar for Japanese businesses and institutions.
Be smart: USDC becomes the first and only global dollar stablecoin approved for use in Japan.
What you should know: SBI VC Trade launched USDC on March 26, backed by regulatory approval. Binance Japan, bitbank, and bitFlyer are set to follow with future listings.
