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Stablecoins were used to streamline Feniix Energy’s $75 million buyout, bypassing traditional banks.

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	Forwarded this email? Subscribe here for more LatAm energy giant executes landmark $75M oil and gas deal via blockchain tokenization Stablecoins were used to streamline Feniix Energy’s $75 million buyout, bypassing traditional banks. CryptoSlate Jun 18   READ IN APP   Happy Wednesday! A Latin American energy giant has closed a $75 million oil and gas deal using blockchain tokenization and stablecoins, bypassing traditional banks. Treasury Secretary Bessent calls stablecoins a debt relief tool as the Senate prepares to vote on the GENIUS Act, which could boost stablecoins to a $3.7 trillion market by 2030. Meanwhile, VanEck’s Solana ETF moves closer to launch with a key DTCC listing after SEC filing updates. Stay informed with today’s top crypto stories. Ad: Borrow against crypto, not your future Get funds without selling your assets. Open a Credit Line from 2.9% per year witn no fixed repayment schedules. Borrow today 🚀Are you a Web3 marketer? Join our new Web3 Marketing Insights channel here https://t.me/cryptoslate_web3. We’ll be sharing tips, strategies, and special announcements to help web3 marketers level up their game. The global crypto market cap is $3.25 trillion, with a 24-hour volume of $118.09 billion. The price of Bitcoin is $104,919.33, and BTC market dominance is 64.1%. The price of Ethereum is $2,517.33, and ETH market dominance is 9.3%. The best-performing sector is Insurance, which gained 9%. The Crypto Fear & Greed Index is currently Neutral (52). LatAm energy giant executes landmark $75M oil and gas deal via blockchain tokenization Stablecoins were used to streamline Feniix Energy’s $75 million buyout, bypassing traditional banks. 📰 Top News Treasury Secretary Bessent says stablecoins are debt relief engine as Senate readies to vote on GENIUS Act Scott Bessent said predictions that stablecoins will reach $3.7 trillion market cap by 2030 become more likely with a GENIUS Act approval. VanEck’s Solana ETF moves closer to market entry with DTCC listing The listing comes days after the SEC asked Solana ETF applicants to submit amended S‑1 registration statements. US DOJ, Europol seize world’s largest dark web drug market operating via Monero The Archetyp Market, with an estimated €250 million in sales, was dismantled by international law enforcement revealing widespread darknet operations. Ad: How Nemo Money Is Redefining Global Investing With Smart Tools and Zero Commission Trading With AI-powered insights and globally regulated transparency, Nemo simplifies investment decisions. 📈 Latest Insights Ark Invest sells nearly $100M in Circle shares in the last 2 days 🗞️ More News Iran-based crypto exchange hacked for $48M amid cyberattack claims by Israel-linked group DAMA 2: Deutsche Bank unveils institutional tokenization stack to fast-track regulated funds How Nemo Money Is Redefining Global Investing With Smart Tools and Zero Commission Trading JPMorgan pilots tokenized deposit token on Base, targeting instant dollar transfers Lawmakers think stablecoins are GENIUS: Inside the new US stablecoin bill CryptoSlate's latest report unpacks the GENIUS Act, the Senate stablecoin bill mandating 1-to-1 reserves, clear licensing, and priority protections for dollar-backed tokens. Questions? Get in touch with us here. Connect with us Telegram • Twitter • LinkedIn • YouTube • Instagram   Like Comment Restack   © 2025 Zenzio Incorporated 11010 Harbor Hill Dr NW, STE B405, Gig Harbor, WA 98332 Unsubscribe