MetaMask enters stablecoin scene with mUSD launch on Ethereum and Linea
MetaMask enters stablecoin scene with mUSD launch on Ethereum and LineaWith MetaMask card integration, mUSD users can anticipate spending dollars digitally both onchain and in real life.
Happy Thursday!MetaMask makes a splash in the stablecoin arena with the launch of mUSD on Ethereum and Linea, promising seamless digital dollar spending both onchain and in everyday transactions via their new card integration. Meanwhile, the Federal Reserve is closely scrutinizing stablecoins as they rise alongside alternative investment vehicles following the recent GENIUS Act. In other news, Hyperliquid sets a stunning global benchmark with $106 million revenue per employee, driven by a lean core team generating over $1.16 billion annually. Dive into the details below. LATEST SLATECAST 🎙️ Nemo.money’s Nicholas Scott on AI-guided investing, truthful data, and where regulation really leads 🚀 TRADE Stocks and Crypto — GET $50 WHEN YOU DEPOSIT on Nemo: Download now
Alph.AI Cabal Checker: $YZY Cabal Exit Nearly Complete, Price Plunges 65.6%Promoted: Alph.AI data indicates cabal wallets have largely exited $YZY, with the price crashing 65.6% from its $3.24 high to $1.11. Significant supply was rapidly dumped, confirming a pump-and-dump pattern. This event highlights the critical importance of monitoring on-chain activity for early risk detection in highly speculative assets. The global crypto market cap is $3.83 trillion, with a 24-hour volume of $161.2 billion. The price of Bitcoin is $112,671.58, and BTC market dominance is 58.7%. The price of Ethereum is $4,233.70, and ETH market dominance is 13.4%. The best-performing sector is Meme, which gained 7%. The Crypto Fear & Greed Index is currently Neutral (50). 📰 Top News
MetaMask enters stablecoin scene with mUSD launch on Ethereum and LineaWith MetaMask card integration, mUSD users can anticipate spending dollars digitally both onchain and in real life. Fed discusses stablecoins extensively in recent FOMC meeting following GENIUS Act passageThe minutes categorized stablecoins alongside "private liquidity funds" and "offshore MMFs" as alternative investment vehicles that "have grown rapidly." Hyperliquid achieves record revenue per employee globally at $106MHyperliquid has $1.167 billion in estimated annualized revenue, with its CEO reporting 11 people as core contributors. And another one: Leveraged XRP and Solana ETFs filed with SEC by Tidal Trust IIThe new leveraged ETFs is targeting altcoin enthusiasts as market interest in structured digital asset exposure grows.
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