Meta Eyes Stablecoins Again to Cut Payment Costs After Diem Exit 🫠

Meta is revisiting stablecoin use to lower payment processing costs, aiming to simplify transactions and cross-border payments. This comes years after it dropped its Diem crypto project due to regulatory hurdles.

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CZ Warns: Time to Buy Bitcoin Before Governments Step In Is Ending 🪙

Binance founder Changpeng Zhao (CZ) cautions that the opportunity for individuals to purchase Bitcoin before significant government involvement is closing. He emphasizes that as governmental interest and potential regulation increase, the landscape for individual investors may become more challenging. CZ’s warning underscores the urgency for those considering Bitcoin investments to act promptly.

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🗞 May 9, 2025 cryptocurrency news highlights

【Cryptocurrency】
Binance Alpha will open Doodles (DOOD) trading tonight at 9:00 PM

【Economy】
Meta Eyes Stablecoins Again to Cut Payment Costs After Diem Exit 🫠

【Indicators】
Stablecoin transaction volume reached a record $1.82tr last month. According to a16z, unlike previous surges tied to speculative trading, current growth appears driven by organic, real-world usage, even as overall crypto trading volumes remain volatile.

【More】
Bybit has surpassed 70m registered users, reinforcing its position as the world’s second-largest crypto exchange by trading volume.

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XRP News Today: Will SEC Settlement Push XRP to New Highs as JetBolt Buying Surge Takes Over🪙

Ripple's XRP rose 9.43% after a $50 million SEC settlement was announced, pending court approval. Meanwhile, JetBolt (JBOLT) gained traction in its presale, selling over 350 million tokens and raising $3.2 million.

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BlackRock Meets SEC Crypto Task Force to Push for ETF Staking and Options Trading 💬

BlackRock recently met with the SEC’s Crypto Task Force to discuss allowing staking in Ethereum ETFs, tokenizing real-world assets, and enabling options trading on crypto ETFs. The asset manager aims to improve investor returns and regulatory clarity as it expands its crypto-related offerings.

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🪙 Ripple CEO Calls for Urgent U.S. Stablecoin Rules Amid Global Boom

Ripple CEO Brad Garlinghouse urged U.S. lawmakers to act quickly on stablecoin regulations, warning the country risks falling behind as adoption rises globally. The GENIUS Act recently failed to pass the Senate, and Treasury Secretary Scott Bessent also warned delays could weaken the dollar’s dominance.

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