Stablecoins are becoming more than a crypto-market asset.
Crypto card spending has crossed $750M in monthly purchases, according to a16z.
Users can spend stablecoins while merchants receive local fiat through automatic conversion.
From trading to everyday payments — stablecoin
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- DeFi = Decentralised Finance. It uses blockchain + smart contracts to enable financial activities like lending, borrowing and trading without relying on traditional financial intermediaries. Open, programmable and accessible 24/7. But remember: DeFi comes with risks. DYOR.
- Algorand reaches a new decentralization milestone! The network has hit an all-time high of around 1,540 validators, adding 3 in the last 24 hours. According to Chainspect data, ALGO now ranks 4th among the most decentralized networks, behind Ethereum, MultiversX & Cardano.
- Bitcoin holds above $64K as macro sentiment improves. 🔸 BTC trades near $64,000 🔸 ETH recovers but still trails BTC 🔸 Global crypto market cap reaches $2.19T 🔸 Softer Treasury yields & weaker USD support risk assets Will Bitcoin build enough momentum for its next move?
- SOL Spot ETFs continue to attract institutional interest! 🔹 $1.0044M net inflow on Aug. 4 🔹 Morgan Stanley Solana Trust (MSOL) led the day's inflows 🔹 Total ETF assets: $875M 🔹 Historical inflows now exceed $1.148B #Solana #SOL #ETF #CryptoNews #Blockchain #Unocoin

