Circle is testing a mechanism to reverse USDC transactions in cases of fraud or hacking. This means that normal transactions will remain final, but in the event of a serious incident, they can use special governance mechanisms or smart contracts to refund victims. This approach combines the benefits of traditional banking with crypto, boosting institutional trust without undermining decentralization principles.

Circle is also developing its own blockchain, Arc, which will use USDC as the native payment token. Arc is scheduled to launch its testnet this fall.

#Crypto #USDC #Stablecoin #Circle #Blockchain #CryptoSecurity #DeFi #ArcBlockchain #DigitalAssets #CryptoNews

Tether is raising an additional $20 billion, pushing the company’s valuation to $500 billion.

If successful, Chairman Giancarlo Devasini will see his net worth soar to $224 billion, making him the 5th richest person in the world — surpassing Warren Buffett and ranking just behind Elon Musk, Jeff Bezos, Larry Ellison, and Mark Zuckerberg.

Tether remains a crucial player in the crypto industry, yet it is still a company shrouded in mystery. Chances are, many of you may not know much about Giancarlo Devasini — and for some, this could even be the very first time hearing his name.

#Tether #Crypto #Stablecoin #Fiat #Bitcoin #CryptoNews #Blockchain

CITI BANK FORECASTS STABLECOIN MARKET TO SURGE TO $4 TRILLION BY 2030

🔹 Citi’s base case projects $1.9 trillion, while in an optimistic scenario the market could reach $4 trillion by 2030 — $1 trillion higher than the U.S. Treasury Secretary’s own estimate.

🔹 Citi believes stablecoins will not harm the banking system but instead enhance the financial system alongside tokenized bank deposits.

🔹 The stablecoin market has already surpassed $287 billion as of September, following the U.S. passage of the GENIUS Act, which provides a clear regulatory framework for stablecoins.

🔹 U.S. Treasury Secretary Scott Bessent stated that stablecoins could help preserve the global strength of the U.S. dollar, while President Trump’s administration is making stablecoins a key part of its crypto growth strategy.

📌 More updates: @GlobalCryptosOfficial
🌐 GlobalCryptos.trade

UNITED NATIONS ADOPTS BLOCKCHAIN TO REFORM ITS PENSION SYSTEM

The United Nations (UN) has implemented blockchain to modernize the UN Joint Staff Pension Fund (UNJSPF), which had relied on manual paper-based processes for over 70 years. The legacy system often led to errors, fraud, and thousands of suspended payments each year.

Since its pilot in 2020 and full rollout in 2021, blockchain has enabled faster and more transparent digital identity verification, streamlined case processing, eliminated risks tied to centralized management, and reduced the need for repeated identity checks.

Research concluded that blockchain is the most effective technology for digital identity verification, opening the door for this model to be shared with other international organizations.

The UN is now exploring expansion of this technology across its entire system, aiming to build it into a “digital public good” — a secure, scalable, and inclusive digital infrastructure for the future.

⸻

🌍 Stay updated with global crypto & blockchain insights
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#Blockchain #UN #CryptoNews #DigitalIdentity #Web3 #Fintech #CryptoAdoption #Innovation #DigitalPublicGoods #FutureFinance

New York City Mayor Eric Adams has suspended his re-election campaign, citing media speculation and campaign finance difficulties.

Although Adams did not explicitly mention cryptocurrency in his announcement, he has been a strong supporter of crypto in New York City. He received his first three paychecks in Bitcoin and spearheaded the city’s first crypto summit.

At the summit in May, Adams stated:
“I want to reiterate that if you are working in cryptocurrency, blockchain, Web3, or fintech, New York City always welcomes you.”

#CryptoNews #Bitcoin #Blockchain #Web3 #CryptoNYC #GlobalCryptos

GlobalCryptos: A New Way to Convert Crypto into Cash .
================
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Telegram Channel : t.me/GlobalCryptosTradeJapan

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#GlobalCryptos #CryptoAssets #Cryptocurrency #CashOut #CryptoTrading #CryptoExchange #CryptoCashOut

🇺🇸 SEC Opens the Door for Crypto Custody

🔹 The SEC has clarified that investment advisers can now use state-chartered trust companies to custody crypto for clients.

🔹 Normally, assets must be held with a qualified custodian such as a bank or federally chartered trust.

🔹 Under this new guidance, state-regulated trusts also qualify, as long as advisers conduct due diligence and ensure it’s in the client’s best interest.

🔹 Why it matters:
• More safe custody options for crypto.
• Firms like Coinbase, Ripple (via Standard Custody), BitGo, and WisdomTree may now be recognized as qualified custodians.

👉 While not yet permanent law, this provides much-needed clarity for funds and managers today.

#Crypto #Bitcoin #Ethereum #Blockchain #CryptoCustody #SECGuidance #GlobalCryptos

🇬🇧 Analysis of GlobalCryptos Transaction Procedure – Anti-Fraud Measures

✅ Step 1: In-Person Meet-Up
• Both parties meet at a secure location (office, café, or fixed point).
• Prevents impersonation and online scams.
👉 Anti-fraud meaning: ensures right person – right place – direct verification.

✅ Step 2: Wallet Verification
• GlobalCryptos staff verifies the wallet address face-to-face.
• Eliminates risk of fake or scam wallet addresses.
👉 Anti-fraud meaning: prevents scammers from tricking clients into sending to the wrong wallet.

✅ Step 3: Test Transfer (10 USDT)
• Seller sends only 10 USDT first.
• Staff confirms receipt and shows proof.
👉 Anti-fraud meaning: ensures wallet is valid before sending the full amount, avoiding “total loss.”

✅ Step 4: Cash Counting
• After test success, staff counts the full cash amount in front of both parties.
• Seller verifies authenticity and amount of cash.
👉 Anti-fraud meaning: prevents underpayment, counterfeit, or missing cash.

✅ Step 5: Full Transfer
• Only after confirming the cash, the seller sends the remaining USDT.
👉 Anti-fraud meaning: protects the seller from sending crypto without seeing the money.

✅ Step 6: Completion
• Once full USDT is received, the seller gets full cash.
• Both parties confirm the deal is completed.
👉 Anti-fraud meaning: ensures no one holds both cash and crypto at the same time.

🛡️ Conclusion:
This step-by-step process protects both seller and buyer, balancing risk and ensuring transparent, secure, scam-free transactions.

TOKENIZATION OF ASSETS WILL BECOME A GLOBAL TREND

🔹 Robinhood CEO Vlad Tenev said tokenization is an “unstoppable bullet train.”
🔹 Robinhood is currently issuing U.S. stocks in tokenized form directly on the Arbitrum blockchain but plans to move to its own Layer 2. Over 200 tickers have already launched in the EU, and this region is likely to lead the trend since the U.S. market is too large and complex.
🔹 The Robinhood CEO predicts that tokenization will become the default approach to stocks globally within the next five years, with BlackRock and Morgan Stanley also joining the movement.

#Tokenization #Blockchain #Robinhood #DigitalAssets #BlackRock #MorganStanley #CryptoTrends #GlobalFinance #TokenizedStocks #FutureOfFinance

Reeve Collins, co-founder of Tether, predicted that by 2030, all forms of money — including the dollar, euro, and yen — will exist as stablecoins on the blockchain. Stablecoins will become the main medium for money transfers thanks to being faster, more transparent, and more convenient than traditional finance.

He emphasized that the U.S. policy shift toward crypto has paved the way for banks and major corporations to participate by issuing their own stablecoins. In the future, CeFi and DeFi will converge, creating hybrid applications for lending, investing, and money transfers.

#Stablecoin #CryptoNews #Blockchain #CeFi #DeFi #DigitalAssets #FutureOfFinance #Web3 #CryptoAdoption

Samsung partners with Coinbase to integrate Coinbase One directly into Samsung Wallet

This rollout gives 75 million Galaxy users in the U.S. access to the following benefits:
• Zero trading fees
• Increased staking rewards
• No need to install separate apps or transfer funds between platforms

Samsung Pay is also linked to Coinbase accounts, enabling crypto payments directly within the wallet, alongside bank cards, transit passes, and IDs.

The service will launch first in the U.S. and expand to international markets in the near future.

#Samsung #Coinbase #SamsungWallet #CryptoPayments #Staking #Blockchain #Galaxy #Fintech #CryptoNews

GlobalCryptos: 暗号資産を現金に換える新しい方法

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#GlobalCryptos #暗号資産 #仮想通貨 #現金化 #クリプト取引 #暗号交換 #クリプト現金化

🇬🇧 UK LIFTS BAN ON CRYPTO ETN TRADING FOR RETAIL INVESTORS

The UK’s Financial Conduct Authority (FCA) will lift its 2019 ban on Exchange-Traded Notes (ETNs) for individual investors starting next week.

🔸 BlackRock is preparing to launch its iShares Bitcoin ETN, with retail trading expected to begin around October 8.
🔸 Bitwise and CoinShares are also planning to enter the UK market, calling it a major step forward in expanding investor access.

💡 Both ETFs and ETNs fall under the broader category of ETPs (Exchange-Traded Products), but they differ in key ways:
• ETF: Holds real assets such as Bitcoin.
• ETN: A debt instrument issued by a company, tracking a price index.
• Unlike ETFs, ETNs carry double risk — exposure to market volatility and potential loss if the issuer becomes insolvent.

#CryptoNews #UKCrypto #ETN #ETF #BitcoinETN #BlackRock #Bitwise #CoinShares #CryptoInvesting #FinancialMarkets #BlockchainNews

From Nairobi (Kenya) to Lagos (Nigeria), people across Africa are increasingly using stablecoins like USDT and USDC to fight inflation, reduce international remittance fees, and make payments through mobile wallets such as M-Pesa. Stablecoins have become a daily tool for saving, payments, business transactions, and imports.

In Nigeria, the average international remittance fee is around 8.45%, while digital services reduce it to about 4%, saving a significant amount on transfers between $200 and $1,000 — especially for households and small businesses. Across the region, stablecoins account for roughly 40–43% of total crypto transaction volume, with Tron being the most popular network for transferring USDT thanks to its low fees and high speed.

#Stablecoin #USDT #USDC #AfricaCrypto #Nigeria #Kenya #Tron #Blockchain #CryptoAdoption #DigitalFinance #Fintech #Remittance

BTC ATH 🚀

Coinbase $125,900

🇺🇸 SENATOR LUMMIS: U.S. BITCOIN RESERVE FUND “COULD START AT ANY TIME”

🔹 Senator Cynthia Lummis stated that funding for the U.S. Strategic Bitcoin Reserve (SBR) could begin “at any moment,” suggesting that the U.S. Treasury may already have the authority or political support to move forward even without formal congressional approval.

🔹 The reserve fund was established under an executive order signed by President Trump in March, with around 200,000 BTC (worth $17 billion) transferred to the Treasury as an initial foundation. The plan is budget-neutral, utilizing seized assets instead of taxpayer money.

🔹 The 2026 budget bill requires the Treasury to conduct a 90-day study on custody, cybersecurity, and accounting for the Bitcoin Reserve, while banning the use of funds for developing a U.S. central bank digital currency (CBDC).

#Bitcoin #CryptoNews #USBitcoinReserve #CynthiaLummis #BTC #Trump #USTreasury #CryptoPolicy #DigitalAssets #CryptoRegulation #BlockchainNews