The Middle East Crisis Deepens: Tensions Escalate as Attacks from Israel on Iran Continue
Israel’s air strikes against Iran continue. Israeli sources have reported that the operations could last several days and exceed two weeks. Among the targets are Iranian nuclear facilities. Iran’s Supreme Leader Khamenei said that “no mercy will be shown” to Israel. The Iranian government said the attack could not have taken place without US coordination and permission. US President Trump described the attack as “very good” and said Iran had missed the 60-day ultimatum given to it. Trump said a second chance for Iran was on the table and that he would meet with Israeli Prime Minister Netanyahu today.
Walmart and Amazon Working on Stablecoin Plans
According to the Wall Street Journal, Walmart and Amazon are researching the possibility of launching their own stablecoins in the US market or using them as a payment solution in their own seller ecosystems. This move could remove large amounts of cash and card transactions from the traditional financial system, reduce transaction fees, and speed up payment processes.
BlackRock’s BUIDL Fund Reaches $3 Billion
BlackRock’s digital liquidity fund BUIDL has tripled in size over 90 days, reaching $2.89 billion. This growth is primarily driven by $1.3 billion in inflows from USDtb stablecoin reserves. BUIDL now represents 40% of the tokenized Treasury fund market.
USDC Treasury Mints 98 Million USDC on Ethereum
According to Whale Alert data, USDC Treasury minted approximately 98.25 million USDC on the Ethereum network. This transaction could signal a new growth phase for the stablecoin market in the coming days.
Stablecoin Crisis on Cardano: Hoskinson Suggests Transition to Treasury
Cardano co-founder Charles Hoskinson acknowledged that the low stablecoin liquidity on the chain is weakening Cardano’s competitive edge in the DeFi space. Hoskinson proposed converting the 140 million $ADA in the treasury reserves into USDM stablecoins. However, this proposal has sparked debates within the community. Some users are concerned that such a large-scale conversion could increase selling pressure and potentially lower the ADA price.
by Darkex Research – 1 min read
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